In November, the most-read Hotel News Now content of the month included Hyatt Hotels Corp.'s acquisition of Dream Hotel Group's brand and management business, Host Hotels & Resorts' interest in the Strategic Hotels & Resorts portfolio, and more.
Click on each headline to read more, and below check out the Hotel News Now editorial team's top picks from the month.
article4 Min ReadNovember 29, 2022 08:45 AMChicago-based Hyatt Hotels Corp. will pay a base price of $125 million for Dream Hotel Group's management and branding business, with up to $175 million more in incentives based on growth over a six-year period.
article1 Min ReadNovember 14, 2022 10:21 AMTexas-based billionaire Tilman Fertitta closed on the purchase of the 260-room Montage Laguna Beach Resort Hotel. It last sold in 2016 as part of the Strategic Hotels & Resorts portfolio for roughly $202 million.
article4 Min ReadNovember 01, 2022 09:12 AMHoteliers across the U.S. expect the first quarter of 2023 to present a clearer picture of hotel room demand from business travelers.
article6 Min ReadNovember 03, 2022 04:07 PMHost Hotels & Resorts acquired the Four Seasons Resort & Residences in Jackson Hole, Wyoming, and President and CEO Jim Risoleo said the REIT is "a buyer of choice" if the other properties in the Strategic Hotels & Resorts portfolio are put up for sale.
article8 Min ReadNovember 14, 2022 09:14 AMGroup demand for hotels is improving, but many of the groups booking hotel stays are doing so within a much shorter window than before the pandemic — as short as even a week's notice.
HNN Staff Picks
- Stephanie Ricca: Accor's Bazin Shares Hotel Industry Outlook and Reflects on How the Business Has Changed in 10 Years
- Robert McCune: Next Gen in Lodging: Hoteliers Fight for Hospitality Careers 'In the Trenches'
- Sean McCracken: Hotel Executives Reset Priorities To Focus on a Sustainable Future for the Industry
- Terence Baker: Entertainment Events Drive Demand for Travelodge's UK Hotels
- Bryan Wroten: One Month After Hurricane Ian, Florida Hoteliers Help Communities Recover
- Dana Miller: US Hoteliers Gradually Make Headway Against Labor Shortage
- Trevor Simpson: BWH Hotel Group's Larry Cuculic Leads by Example
Dan Kubacki: Some Supply-Chain Disruptions Have Eased But Other Hotel Procurement Challenges Persist