LODGING Staff - 10 Minutes News for Hoteliers - Page 84

2 min

Courtyard by Marriott Hotel Opens in Loma Linda, California

🏨 Sagemont Hotels opens the 125-room Courtyard by Marriott San Bernardino Loma Linda in Loma Linda, California. Situated near I-10, it’s three miles from San Bernardino International Airport. The hotel features guestrooms with sofa beds, ergonomic workstations, and kitchen appliances. Amenities include a fitness center, complimentary WiFi, a 24-hour Market, and 594 square feet of meeting space for up to 20 people. Mayor Phil Dupper highlighted its positive impact on the local economy.

2 min

Coury Hospitality to Manage Hard Rock Hotel San Diego, Announces Two New Hotel Openings

🏨 Coury Hospitality will manage the Hard Rock Hotel San Diego starting July 1, 2025. Located in Southern California, this hotel features 420 guestrooms and 40,000 square feet of event space. Coury aims to enhance guest experiences through a renovation in 2026. Expansion plans include opening the 150-room AC Hotel Bentonville in Arkansas and The Seahaus Hotel in New Jersey, plus rebranding three Texas hotels. The expansion includes an $18M renovation for Marriott Westlake.

1 min

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

📈 June 8–14, 2025, Arlington: U.S. hotel occupancy fell by 2.4% to 68.6%, while ADR rose 0.6% to $163.43. RevPAR declined 1.8% to $112.11. St. Louis led with a 7.1% occupancy increase to 73.2%. San Diego saw ADR up 10.4% to $244.60 and RevPAR up 13.1% to $205.12. Las Vegas faced sharp declines: occupancy down 20.6% to 66.2%, ADR down 9.1% to $180.40, RevPAR down 27.8% to $119.51.

2 min

Omni Las Colinas Completes $33 Million Property-Wide Renovation

🏨 Dallas, Texas—Omni Las Colinas Hotel wrapped up a $20 million renovation of its 421 guestrooms, including 111 luxury suites, and the Las Colinas Ballroom. This follows a $13 million upgrade of common spaces. Additions include The Lakehouse Waterfront Lounge & Pool Deck and three new dining options: LRH Restaurant & Bar, Flossie’s, and Over the Counter. The redesign uses native elements to reflect the area's ranching history and includes preserved features in signature suites.

3 min

Margaritaville Kansas City Hotel Officially Opens

🏨 Margaritaville Hotel Kansas City opened in Kansas City, Kansas, offering 228 guestrooms, including 11 suites, and over 14,000 square feet of event space. Developed by Sunflower Development Group with Homefield KC, it features multiple dining options, indoor and outdoor pools, and event venues. Amenities include a fitness center, entertainment center, and retail store. The hotel is the only full-service conference hotel in Wyandotte County, emphasizing Midwest hospitality with a resort-style experience.

2 min

Procaccianti Companies Secures Final Approvals for The Bellevue Hotel in Newport, Rhode Island

🏨 Procaccianti Companies plans to develop The Bellevue Hotel, a 91-key luxury boutique in Newport, Rhode Island. Approved on June 11, 2025, construction begins in Q4 2025. Located near the International Tennis Hall of Fame, this project includes underground parking, 91 guestrooms, dining venues, and spa facilities. Designed by Centerbrook Architects, it revives the historical Stone Villa site and is set for completion in 2027.

3 min

PwC: 85 Percent of YoY M&A Deals Have Declined in Hospitality and Leisure

💸 PwC's "Hospitality & Leisure: US Deals 2025 Mid-Year Outlook" reported an 85% decrease in PE-sponsored H&L deals year-over-year. High borrowing costs and policy uncertainty are tempering deal volume. Three large H&L deals in 2024 involved PE buyers acquiring gaming operators. The focus is on digital transformation, with M&A reshaping brand portfolios. Operators aim to leverage M&A strategies, adapt to market trends, and capitalize on tech advancements amid economic uncertainty and evolving consumer preferences.

2 min

HITEC 2025 Welcomes Nearly 6,000 Industry Stakeholders, Highlights Latest in Hospitality Technology

📱 June 16-19, 2025, Indianapolis: Nearly 6,000 attendees gathered for HITEC, organized by HFTP. With over 360 companies, it showcased hospitality tech solutions. The event featured speakers Jeremy Gutsche and Todd Buchholz and celebrated two new Hall of Fame inductees. The E20X pitch competition marked its tenth anniversary, with Levee winning top awards for its AI innovations. Attendees from 60+ countries enjoyed networking opportunities and educational sessions, enhancing industry knowledge and connections.

1 min

CoStar Reports Steady U.S. Hotel Industry Performance Results in May

🏨 May 2025, Arlington, Virginia: U.S. hotel performance data from CoStar shows mostly steady year-over-year results. Occupancy dipped 0.7% to 65.3%, while ADR rose 0.8% to $162.72, and RevPAR increased 0.1% to $106.30. New York City had the highest occupancy at 87.9% (down 1.0%). New Orleans and Houston saw the lowest occupancy rates at 60.1% and 61.4%, respectively. Top 25 Markets outperformed other areas in occupancy and ADR.

2 min

Zucchetti North America Brings Lybra Assistant to Market

💰 Indianapolis, March 2025—Zucchetti North America launched Lybra Assistant, a next-generation revenue management system (RMS) at HITEC Indianapolis. With over 1,600 European hotels using it, Lybra Assistant improves revenue and efficiency by analyzing real-time demand data and flight searches. Designed for properties with over 20 rooms, the system offers automated rate recommendations for 365 days. Fulvio Giannetti, CEO of Lybra, highlights its AI-driven approach, aiming to enhance North American hotel profitability.

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