LODGING Staff - 10 Minutes News for Hoteliers - Page 30

2 min

Grand Hyatt DFW Airport Announces Renovation

🏨 2005, Dallas Fort Worth—Grand Hyatt DFW Airport, celebrating 20 years, is undergoing a $34 million renovation, set to complete in early 2026. The updates include increasing guestrooms from 298 to 315, enhanced event spaces, and two new rooftop venues. The hotel boasts over 20,000 sq. ft. of event space, including a 6,600 sq. ft. ballroom. Eight original staff members are honored for their contributions since its opening. The reimagined spaces will offer modern amenities and local art.

6 min

Deloitte: Holiday Travel Intent Increases Amid Financial Concerns

🛫 Deloitte's 2025 Holiday Travel Survey highlights that 54% of Americans plan to travel between Thanksgiving and mid-January, with a budget of $2,334—18% less than 2024. Gen Z and millennials make up half of holiday travelers, cutting budgets by 31%. Generative AI usage for planning will jump to 24%. Travelers expect fewer flights, with 47% flying for their longest trip, down from 55% in 2024. Economic worries prompt budget trimming, impacting travel providers.

2 min

AAHOA Announces Partnership With Kalibri

📈 AAHOA and Kalibri have partnered in Atlanta, Georgia, to provide hotel owners with tools for profitability and asset performance. Members get exclusive pricing on Kalibri’s Profit Platform and access the Certified Hotel Profit Strategist (CHPS) Program. This initiative aims at empowering owners with data-driven insights for profit growth. AAHOA faces challenging times, focusing on sustaining profit margins. Upcoming is the Certified Hotel Profit Analyst (CHPA) Program in 2026, enhancing analytical skills.

1 min

AHLA Issues Statement on the End of the Government Shutdown

🇺🇸 WASHINGTON, D.C. — The American Hotel & Lodging Association highlighted the impact of the federal government shutdown on travel. Nearly 20% of Americans adjusted Thanksgiving travel due to economic uncertainty and disruptions. AHLA President Rosanna Maietta emphasized the restoration of funding and services for travelers and urged Congress to secure a long-term budget. The shutdown affected travel confidence and hotel industry bookings.

6 min

This Week’s Comings & Goings

📈 Peregrine Hospitality appointed Kristen Richter as chief commercial officer. Avianca's CEO Frederico Pedreira will step down on February 28, 2026, succeeded by Gabriel Oliva as president. Lark appointed Chris Perré as general counsel. Raines appointed Rick Hayduk as general manager of The Lantern Columbia, opening in December 2025. Sheraton Maui Resort promoted Mitchell Cooper to executive chef. Moxy Atlanta Downtown appointed Alfonce McKinney as GM and Tinesha Franklin as Director of Sales.

2 min

AHLA and Other Industry Leaders Urge U.S. House of Representatives to End Government Shutdown

💸 WASHINGTON, D.C.—Since October 1, the government shutdown has cost nearly $6 billion in travel spending. Over 5.2 million passengers were affected by flight disruptions. Daily, the hotel industry loses $31 million, totaling $1.2 billion so far. Leaders from AHLA, A4A, the U.S. Travel Association, and the National Restaurant Association urge Congress to end the shutdown. With 31 million passengers expected for Thanksgiving, airlines and restaurants are facing challenges, needing swift government action.

2 min

Peachtree Expands Credit Platform With Pending Acquisition of First Western SBLC, Inc.

💵 Peachtree Group plans to acquire PMC Commercial Trust, based in Dallas, pending U.S. Small Business Administration consent. The acquisition will provide small business owners nationwide with SBA 7(a) loans ranging from $50,000 to $5,000,000. PMC was founded in 1983 by Dr. Fred Rosemore and is a licensed SBA lender. This move allows Peachtree to expand into SBA lending and deliver fast financing solutions, particularly in the hospitality sector. PMC is part of Creative Media & Community Trust Corporation.

1 min

Lark Announces Partnership With olive

📈 Olive and Lark partnership, announced in Los Angeles, California, will deploy Olive's booking platform across Lark's 80 hotels in 22 states and two countries by early 2026. Olive's technology boosts conversion by 84% and direct bookings by 76%, reducing third-party reliance. Olive's platform integrates seamlessly with Mews and other PMS systems. Lark's CEO, Peter Twachtman, and Olive's CEO, Eric Lutz, highlight the strategic focus on guest experience and intelligent commerce.

2 min

CoStar, Tourism Economics Again Downgrade U.S. Hotel Forecast

📊 Arlington, Virginia—CoStar and Tourism Economics downgraded the 2025 U.S. hotel forecast. Occupancy decreased by 0.2 percentage points to 62.3%, ADR held at +0.8%, and RevPAR dropped by 0.3 percentage points to -0.4%. Adjustments for 2026 include occupancy down 0.3 percentage points, ADR down 0.1 points, and RevPAR down 0.3 points. Amanda Hite from STR cited rising unemployment and prices. Aran Ryan foresaw moderate U.S. travel economy improvement in 2026, aided by household income growth and global travel expansion.

2 min

Wyndham Rewards Announces Collaboration With Beverly D’Angelo as Part of Wyndham Rewards Campaign

💰 Beverly D’Angelo teams up with Wyndham to offer a special campaign for Wyndham Rewards members. From now until December 31, members can receive a complimentary, one-level status upgrade. Wyndham Rewards features four membership levels: Blue, Gold, Platinum, and Diamond. Each level offers increasing benefits, including additional points per stay and perks like late checkout and suite upgrades. This initiative aims to enhance travel experiences during the busy holiday season.

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