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Posts by author

LODGING Staff

1647 posts
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  • 1 min

HVMG Launches Third-Party Project Manager: Elevate Renovations + Development

  • LODGING Staff
  • 3 February 2025
🏨 Hospitality Ventures Management Group (HVMG) launched Elevate Renovations + Development in Atlanta, Georgia, offering third-party project management and lifecycle services to the hospitality industry. HVMG has managed development for over 65 properties in 20 years. Elevate's first major task was the $19.6 million renovation of The Darwin Hotel, an IHG voco hotel, completed in nine months despite the COVID-19 pandemic, under Chief Elevation Officer Suzanne Saunders. Elevate provides services from pre-purchase through disposition.
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  • 2 min

Hotel Continental Reopens as Tapestry Collection by Hilton Property

  • LODGING Staff
  • 31 January 2025
🏨 Miami Beach, Florida's Hotel Continental reopened as the first Tapestry Collection by Hilton property after a $44 million purchase by Spot On Ventures. The five-story, 100-room hotel, managed by Highgate, offers a midcentury-modern design and includes social spaces, a MiMo pool, and a 34-foot luxury Chris-Craft Launch. Located in Collins Waterfront Architectural District, it's under two miles from the Miami Beach Convention Center and features curated art by Danny O’Connor and T.S. Harris. Guests can enjoy Mixer Lounge, Divebar, and on-site Piola pizzeria.
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  • 1 min

Raines Adds Fairfield Inn & Suites Whitsett Greensboro East to Management Portfolio

  • LODGING Staff
  • 31 January 2025
🏨 In South Carolina, Raines added Fairfield Inn & Suites Whitsett Greensboro East to its management portfolio, the third hotel managed for Clarendon Properties. This 102-key hotel in Whitsett, North Carolina, offers amenities including WiFi and an indoor pool, and caters to both business and leisure travelers with proximity to major cities and attractions like Elon University. In 2024, Raines expanded its portfolio by more than 20 properties, including 16 hotels with Atlantic Hotels Group.
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  • 2 min

Hampton Inn Columbia Downtown Historic District Completes Renovation

  • LODGING Staff
  • 31 January 2025
🏡 Hampton Inn Columbia Downtown Historic District in Greenville, South Carolina, managed by Hospitality America and owned by Windsor Aughtry, completes property-wide renovation. The hotel, now with a new North American prototype design, has updated all guestrooms and public spaces, doubled fitness center size, and added an outdoor patio with fireplace. This marks the 14th Hilton hotel in Hospitality America's portfolio and one of five managed in South Carolina. Renovations include a redesigned front desk, localized feature wall, multi-use space, multi-functional task tables, improved bathroom design, enhanced natural light, and in-room storage solutions, with design by AK Design Group of Brentwood, Tennessee. The hotel maintains "Sleep Happy Experience" and introduces seasonal flavors to their "Hampton Waffle" breakfast. New technology includes Hilton's Connected Room Technology for personalized guest experiences.
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  • 1 min

CoStar: U.S. Hotel Industry Continues Mixed Yearly Performance Comparisons

  • LODGING Staff
  • 31 January 2025
📅 In Washington D.C., U.S. hotel industry reports mixed year-over-year data as of Jan. 25, 2025, with occupancy at 54.3% (a decrease of 3.4%), ADR at $154.21 (an increase of 3.4%), and RevPAR at $83.74 (a decrease of 0.2%). Los Angeles had the largest occupancy gain of 6%, reaching 68.7%. Due to the presidential inauguration, Washington D.C. experienced the highest ADR and RevPAR increases, up 78.0% ($285.56) and 86.8% ($169.23) respectively. In contrast, Chicago and Seattle saw significant RevPAR declines, down 34.0% ($52.88) and 11.9% ($80.19).
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  • 1 min

Preferred Hotels & Resorts Adds 11 New Properties to Its Global Portfolio

  • LODGING Staff
  • 30 January 2025
🏡 Preferred Hotels & Resorts added 11 new member properties from Oct. 1 to Dec. 31, 2024, marking their largest growth since 2019. CEO Lindsey Ueberroth highlighted the unique travel experiences and locations of these luxury independent hotels. Among the new properties are Gamboa Rainforest Reserve in Panama, Hotel Magnolia in Chile, Aurika Udaipur in India, and L’Ermitage Beverly Hills in California. Many join the I Prefer Hotel Rewards program.
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  • 3 min

Hilton Launches New Initiative, Releases Meetings and Events Trends Report

  • LODGING Staff
  • 30 January 2025
📌 Hilton launched the “World’s Most Welcoming Events” initiative, aligning with the 2025 Trends Report insights. Over 1,000 U.S. adults planning to attend work meetings or events in the next two years participated in the survey. Key findings include 71% of attendees feeling welcomed with an advance agenda, 61% with a greeting, and 59% with a text Q&A option. Other preferences: advance menus (60%), non-alcoholic drinks (52%), allergy-friendly food (52%), and attire guidelines (67%). Stress reduction measures, such as quiet areas (78%) and small meetings (62%), are favored. Group travel is popular, with 82% preferring events with acquaintances and 29% often traveling with "Frolleagues.
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  • 1 min

Mike Deitemeyer Joins the Rockbridge Holdings Team

  • LODGING Staff
  • 29 January 2025
🏨 Mike Deitemeyer joined Rockbridge as Executive Vice President and President of its development company, focusing on the luxury and lifestyle segment with its newest acquisition, ZaZa Hotels and Resorts. Deitemeyer's experience includes operations, brand leadership, and over $1 billion in hospitality investments, particularly in Omni's resort space expansion. Rockbridge CEO Jimmy Merkel expressed trust and optimism in this partnership.
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  • 2 min

CoStar, TE Slightly Adjust Growth Projections in First U.S. Hotel Forecast of 2025

  • LODGING Staff
  • 29 January 2025
📈 At the Americas Lodging Investment Summit (ALIS), CoStar and Tourism Economics slightly adjusted the U.S. hotel forecast for 2025, maintaining the average daily rate (ADR) growth at +1.6% and revenue per available room (RevPAR) at +1.8%. Occupancy projections increased slightly to 63.1%. Economic factors such as low unemployment, reduced inflation, consumer spending, and solid business investment create a favorable travel environment, despite potential risks from Trump Administration policies. Forecasted stabilized labor costs and slight TRevPAR growth may improve profit margins, with F&B departments expected to see high growth rates.
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  • 2 min

AHLA Foundation Raises Over $1,000,000 at Night of a Thousand Stars Fundraising Gala

  • LODGING Staff
  • 29 January 2025
🏡 In Los Angeles, California, the AHLA Foundation's Night of a Thousand Stars gala raised over $1,000,000 with 400+ industry leaders at the Beverly Hilton. The event included $10,000 pledged by AHLA for wildfire relief in LA, with a match of up to $25,000 for member donations. Awards were given to hospitality professionals under 30, students, women in leadership, and the lodging employee of the year. Notable support came from a $100,000 donation by Jon and Ellen Bortz.
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