LODGING Staff - 10 Minutes News for Hoteliers - Page 59

1 min

Marcus & Millichap Facilitates Sale of Best Western Plus Royal Mountain Inn & Suites

🏨 Marcus & Millichap announced the sale of the 61-room Best Western Plus Royal Mountain Inn & Suites in Athens, Texas. The property was marketed by Skyler Cooper from Marcus & Millichap’s Dallas office. Support for the transaction came from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team. The hotel features amenities such as a business center, outdoor pool, fitness center, guest laundry, breakfast area, and meeting space.

1 min

CoStar: U.S. Hotel Industry Reports Mostly Negative Yearly Comparisons

🏨 August 10-16, 2025, Arlington, Virginia: The U.S. hotel industry shows mixed performance with occupancy at 66.3% (down 0.9%), ADR at $157.51 (up 0.4%), and RevPAR at $104.50 (down 0.5%). Seattle leads with occupancy at 83.9% (up 7.5%) and RevPAR at $178.62 (up 10.9%). Houston faces a steep decline with occupancy at 57.2% (down 24.0%) and RevPAR at $66.84 (down 27.1%), affected by post-Hurricane Beryl displacement.

2 min

LODGING Exclusive: Nearly 20 Asset Management Companies Implement Singlepane for Unified Financial Insights

💻 Within three months of launch, Singlepane is utilized by 20 asset management companies, including DiamondRock Hospitality and KHP Capital Partners, in Providence, Rhode Island. The platform integrates financials, forecasts, budgets, and asset management workflows, improving efficiency by automating variance analysis, which reduces analyst time by 30%. It enhances CapEx tracking, contract compliance, and debt oversight, facilitating faster decision-making and sharper visibility. The adoption highlights the shift from fragmented to unified data management.

4 min

The Ava Hotel, Curio Collection by Hilton, Opens

🏨 The Ava Hotel in Paso Robles, California, opened as part of the Hilton Curio Collection. Managed by Azul Hospitality Group, the hotel features 151 rooms, including suites with balconies or pool decks. It boasts three dining venues with Mediterranean-inspired cuisine led by chef Julien Asseo. Guests can enjoy wine-themed activities and events in its 6,500-square-foot event space. The hotel, blending mid-century architecture with natural materials, is a joint venture between Paso Robles Hotel Partners and Peachtree Group.

1 min

Olympia Hospitality Adds Hilton Garden Inn Arvada to Its Portfolio

🏨 Olympia Hospitality has added the 139-room Hilton Garden Inn Arvada, Colorado, to its management portfolio. Located half a mile from Olde Town Arvada, this hotel is within 15 miles of the Red Rocks Amphitheater. It features a fitness center, indoor pool, and over 2,260 square feet of meeting space. President Sara Masterson highlighted the national expansion strategy, while Chief Growth Officer John Schultzel emphasized prioritizing high-quality assets with market leadership.

4 min

This Week’s Comings & Goings

🏠 Sonder Holdings Inc. announced CFO Michael Hughes resigned. CEO search is ongoing, with a successor expected by end of 2025. Rosewood Hotel Group appointed Jenni Benzaquen as senior VP on September 1, 2025. Aperture Hotels named Kate Bain as VP, commercial strategy. HREC Investment Advisors appointed Zack Freeman as VP in Phoenix, AZ. Hospitality Ventures Management Group appointed Drew Slayton as VP, business development. Numerous other hospitality companies announced leadership appointments across various roles and locations.

2 min

Hyatt Regency Denver Announces Full Guestroom Renovation

📈 Hyatt Regency Denver is celebrating its 20th anniversary with a $70 million renovation of 1,100 guestrooms and suites, to be completed by March 2026. Over half of the project is finished, offering refreshed rooms to guests. Renovations include using natural materials and are in collaboration with local firms like DLR Group and Artaic Group. This follows earlier upgrades to public spaces in 2018 and 2019, aiming to enhance guest experience and community connection.

3 min

Agentic Hospitality Launches Agentic Hospitality Cloud Platform

💻 Louisville, Kentucky—In June 2025, Agentic Hospitality launched its AI-driven platform in collaboration with Google for Startups Cloud Program, aiming to enhance hotel visibility and bookings. From 2019-2025, direct bookings at The Houstonian Hotel rose by 91% using Agentic's Schema Adapter. Agentic's platform includes tools like the Conversion Intelligence Engine, processing guest signals for optimized bookings, and a Channel Manager connecting hotels to over 30,000 distribution partners, ensuring competitive, structured data dissemination.

1 min

NCG Hospitality Opens Dual-Branded Home2 Suites and Tru by Hilton in Flagstaff, Arizona

🏨 FLAGSTAFF, Arizona—In August 2025, NCG Hospitality opened Flagstaff's first dual-branded hotel featuring Home2 Suites by Hilton and Tru by Hilton. Located at I-17 and I-40, the property offers 204 guestrooms. Home2 Suites includes 113 extended-stay suites with kitchens, while Tru by Hilton has 91 rooms. Amenities include free hot breakfast, WiFi, a fitness center, an indoor pool, and outdoor patios. Guests can access Northern Arizona University, downtown Flagstaff, Sedona, and the Grand Canyon easily.

1 min

Stonebridge Adds The Statler Dallas to Managed Portfolio

🏨 Stonebridge announced the addition of The Statler Dallas, Curio Collection by Hilton, to its managed portfolio. Originally opened in 1956 and relaunched in 2017, the eight-story hotel is located in downtown Dallas. It features a resort-style outdoor pool, over 26,000 square feet of meeting space, and four dining options, including the Waterproof rooftop lounge. The hotel provides easy access to local attractions like Main Street Garden Park and the Arts District.

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