News from
Extended Stay America Premier Suites in Bradenton, FL Sold
2025-02-06 18:56:53| Hotel Resource
Sandpiper, LLC has solidified its presence in Florida with the acquisition of the Extended Stay America Premier Suites in Bradenton. This location benefits from significant population growth and a strategic position in the Gulf Coast.
Category:
Hospitality
LATEST NEWS
AHLA State of the Industry Report & U.S. Hotels Face Rising Costs and Flattening Growth, But New Travel Trends Provide Optimism
2025-02-06 18:53:20| Hotel Resource
Hotel properties struggled under rising costs that outpaced revenue growth in 2024, challenging economic growth and job creation. Despite these issues, potential lies ahead, driven by key trends in guest spending, shifting traveler behaviors, and upcoming major sports and entertainment events.
Category:
Hospitality
How Potential New Tariffs on Mexico and Canada Could Raise Hotel Prices and Disrupt Travel
2025-02-06 18:14:11| Hotel Resource
When countries clash over commerce, the hospitality industry often bears the impact: operating costs rise, pricing strategies shift, and travel patterns change. For travelers and hoteliers, the stakes are significant: trade disputes don't just raise hotel costs, they can also influence cross&border travel patterns and revenue optimization strategies.
Category:
Hospitality