LODGING Staff - 10 Minutes News for Hoteliers - Page 4

3 min

Global Hotel Construction Pipeline Reaches Record High with 15,976 Projects, U.S. and China Lead by Volume

🏨 Global hotel construction reached a record 15,976 projects with 2,433,948 rooms as of Q2 2026. 6,174 projects are currently under construction, while 3,743 are set to start within 12 months. The U.S. and China account for 59% of total projects. Dallas leads with 183 projects. By year-end 2026, 2,742 new hotels are projected to open. The luxury chain scale saw significant growth, with 1,385 projects up 8% year-over-year.

2 min

Actabl and Reeco Partner to Integrate ProfitSword Forecasting with AI Procurement for Enhanced Hotel Financial Controls

💸 Actabl and Reeco have partnered to integrate Actabl's ProfitSword forecasting with Reeco's AI-driven procure-to-pay platform. This initiative, launched in August 2026, enables hotel teams in Miami, Florida, and Denver, Colorado to align purchasing activity with forecasts automatically. By leveraging AI, Reeco offers automated purchasing recommendations and invoice coding, enhancing financial planning and operational efficiency in hotels. CEOs Henrik Shimony and Steven Moore highlight the partnership's focus on addressing decision-making issues, emphasizing a proactive hospitality technology ecosystem.

1 min

Courtyard by Marriott Boston Downtown Completes Comprehensive Renovation of Guestrooms, Meeting Spaces, and Public Areas

🏨 August 2026, Boston, Massachusetts—Courtyard by Marriott Boston Downtown, managed by Marriott International, completed a comprehensive renovation featuring refreshed guestrooms, meeting spaces, and public areas. The project preserved the building’s 1920s architectural elements, including original ceilings and chandeliers. Updates included modern furnishings, upgraded lighting, flexible meeting layouts, and enhanced public spaces. General Manager Ken Lavigne emphasized the blend of historical preservation with modern amenities to enhance guest experiences.

2 min

Peachtree Group Expands DST Platform with Holiday Inn Express Cape Canaveral and St. Louis Industrial Acquisitions

🏠 Peachtree Group expanded its Delaware Statutory Trust (DST) platform with acquisitions in Florida and Missouri. In 2022, Peachtree launched the DST platform, now valued at $525 million. The Holiday Inn Express Cape Canaveral, with 150 rooms, is near Port Canaveral, benefiting from nearby tourist attractions. In St. Louis, a 48,206-square-foot industrial facility leased to Cummins Inc. enhances cash flow with a 15-year lease. These are Peachtree's 14th and 15th DST offerings.

2 min

Pete Sams Appointed President of Hospitality Ventures Management Group, Overseeing Day-to-Day Operations and Company Performance

📁 Hospitality Ventures Management Group (HVMG) in Atlanta announced Pete Sams as president to oversee business operations. Sams previously led Highgate Hotels and served as COO at Peregrine Hospitality, expanding a management platform for over 45 hotels. With over 12 years in senior leadership roles, Sams aims to enhance HVMG's growth, which evolved from a single hotel 25 years ago to a robust organization. CEO Robert Cole will focus on strategy and relationships.

2 min

Meyer Jabara Hotels Chosen to Manage University of Florida's Reitz Union Hotel, Their First University Partnership

📍 Meyer Jabara Hotels will manage the 36-room Reitz Union Hotel at the University of Florida, Gainesville. This marks the first university hotel in MJH's portfolio. The hotel is located near Ben Hill Griffin Stadium and UF Health Shands Hospital. Immediate plans include expanding sales and marketing and possible renovations over the next year or two. This partnership aims to enhance boutique hospitality experiences on the campus.

1 min

IHG's voco The Franklin New York Reveals Renovation, Updating 49 Guestrooms and Public Spaces with Vintage Aesthetic

🏨 In New York, voco The Franklin, part of IHG, unveiled renovations in August 2026. Its 49 guestrooms and public spaces were updated with vintage New York aesthetics. Designed by Glen & Co Architecture, the hotel features midnight-blue walls, bespoke furnishings, and crystal chandeliers. The lobby includes emerald-green walls and tufted leather sofas. General Manager Tobore Okagbare emphasized preserving the property's history while offering elevated comforts and a unique, neighborhood-connected guest experience.

3 min

CAMO Hospitality Secures $4 Million Seed Funding to Expand Room Service Technology Across U.S. Hotel Market

💸 CAMO Hospitality, based in Anaheim, California, completed a $4 million seed funding round to expand its U.S. presence. Investors include Anthony Lacavera and Azim Jamal. CAMO addresses the $5 billion annual guest room dining market, with most hotels lacking traditional room service. Their model, averaging $45 per order, generates $1,000-$5,000 monthly profit for hotels. Operating in over 60 properties, CAMO ensures fast delivery and aims to integrate various guest services into hotel offerings.

2 min

Davidson Hospitality Group Launches GM Edge Program to Develop High-Performing Leaders for Career Advancement

🏨 Davidson Hospitality Group, based in Atlanta, Georgia, launched the GM Edge program in 2026 to develop high-performing leaders within its hotels, resorts, and restaurants. Participants, including nine selected leaders, engage with corporate leadership to enhance skills in areas like financial management and compliance. COO Jason Reader emphasized team retention and advancement as a key 2026 priority. Nicole Ramamurthy highlighted the program's role in expanding industry knowledge and connecting with top operators.

1 min

Remington Hospitality Adds 396-Room Hyatt Regency Buffalo to Management Portfolio, Plans Comprehensive Renovation

🏨 Remington Hospitality added the Hyatt Regency Buffalo Hotel and Conference Center to its third-party management portfolio in Dallas, Texas. Located in downtown Buffalo, the 396-room hotel will soon undergo renovations to guest rooms, corridors, and meeting spaces. The hotel features on-site dining, a fitness center, an indoor pool, and ten meeting spaces exceeding 20,000 square feet, with direct access to the Buffalo Convention Center. CEO Ben Perelmuter emphasized the hotel's strategic downtown location and meeting capabilities.

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