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Ascott Signs Agreement for New Serviced Residence in Lagos, Nigeria
2025-10-30 17:52:44| Hotel Resource
The Ascott Limited has signed a franchise agreement for Somerset Admiralty Way Lagos, a new serviced residence in Lekki, Lagos, Nigeria, set to open in October 2028.
Category:
Hospitality
LATEST NEWS
AHLA Appoints Brett Horton as Chief Advocacy Officer
2025-10-30 17:46:05| Hotel Resource
Brett Horton has been appointed Chief Advocacy Officer at the American Hotel & Lodging Association (AHLA), effective December 1, 2025.
Category:
Hospitality
U.S. Hotel Industry Faces Decline in Occupancy and Revenue
2025-10-30 17:43:47| Hotel Resource
The U.S. hotel industry is facing a challenging period as recent data from CoStar reveals a downturn in performance metrics for the week ending October 25, 2025. CoStar reported that the industry saw a year&over&year decline in occupancy, average daily rate (ADR), and revenue per available room (RevPAR).
Category:
Hospitality