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CIM Group Secures Financing for 15 WoodSpring Suites Properties Across Four States
2026-01-12 17:43:15| Hotel Resource
CIM Group has completed a $167.67 million loan to recapitalize a 15&property WoodSpring Suites extended stay hotel portfolio managed by Concord Hospitality and Whitman Peterson.
Category:
Hospitality
What to Know About 8 Independent Hotel Pricing Strategies
2026-01-12 17:38:25| Hotel Resource
Establishing optimal room pricing at your hotel is the foundation for a successful business and underpins the practice of hotel Revenue Management.
Category:
Hospitality
Sonesta Names New Co&CEOs Effective April 2026
2026-01-12 15:13:42| Hotel Resource
Sonesta International Hotels Corporation has appointed Keith Pierce and Jeff Leer as Co&Chief Executive Officers, effective April 1, 2026.
Category:
Hospitality
Ailsa Pollard Appointed Chair of ABTA
2026-01-12 15:10:16| Hotel Resource
Ailsa Pollard has been elected as the new Chair of the ABTA Board of Directors, effective immediately.
Category:
Hospitality
EU Entry Exit System Expansion Prompts ABTA to Request Contingency Measures
2026-01-12 15:06:18| Hotel Resource
The EU Entry/Exit System (EES) is expanding to additional airports and ports, prompting ABTA to urge the use of contingency measures to manage potential delays.
Category:
Hospitality
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