News from
Intangible Assets in Hotel Property Tax Assessments & By Bryan Younge
2025-05-08 20:53:57| Hotel Resource
This article outlines how intangible assets should be removed from hotel property tax assessments, why post&COVID performance data may overstate future income potential, and how the U.S. personal savings rate provides additional insight into broader economic travel behaviour.
Category:
Hospitality
US Hotel Bookings Experience Sharp Q1 Drop, Meanwhile Other Countries See Rise
2025-05-08 20:53:57| Hotel Resource
HotelHub's Q1 2025 data reveals a 7.76% decrease in US hotel bookings compared to the same period in 2024, while bookings in countries like Canada, the UK and France have increased. The global average hotel rate remained stable at $177 per night.
Category:
Hospitality
Oaks Hotels, Resorts & Suites Undergoes Transformation under Minor Hotels
2025-05-08 20:53:57| Hotel Resource
Minor Hotels has declared a strategic repositioning of Oaks Hotels, Resorts & Suites, transitioning from serviced apartments to a full&service brand.
Category:
Hospitality
New 549 Room Great Wolf Lodge Resort Opens in Mashantucket, Connecticut
2025-05-08 20:53:57| Hotel Resource
The resort was funded by a $300 million investment from Blackstone and Centerbridge Partners, creating over 500 jobs and expected to attract 500,000 visitors annually.
Category:
Hospitality
Brett Krafft Named General Manager for the Hotel Crescent Court in Dallas, TX
2025-05-08 20:53:57| Hotel Resource
Most recently, he served as Area General Manager for The Statler and Hilton Dallas Lincoln Centre, overseeing a combined $46M+ in annual revenue.
Category:
Hospitality
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