News from
Salisbury, NC Holiday Inn Express & Suites and Courtyard Properties on the Market
2025-05-13 20:05:26| Hotel Resource
JLL's Hotels & Hospitality Group is offering for sale a flexible hotel portfolio in Salisbury, NC, unencumbered of debt and management. The portfolio includes a 90&room Holiday Inn Express & Suites and a 94&key Courtyard Salisbury, with the potential for a new owner/operator to implement strategic cost control initiatives and aggressive revenue management strategies.
Category:
Hospitality
Negative Headlines Have Driven Consumer Sentiment to Near Covid Lows & CBRE U.S. Hotels State of the Union May 2025 Edition
2025-05-13 18:53:30| Hotel Resource
While wage growth remained steady at 3.8% outpacing inflation by 144 bps in March, declines in the S&P, which is down 5.3% YTD, and flagging consumer confidence, which fell to 86 from 97.5 in April, could be a headwind to hotel demand going forward.
Category:
Hospitality
Days Inn/Spark by Hilton: A Renovated Investment Opportunity in Portland, Maine
2025-05-13 18:53:30| Hotel Resource
The Days Inn by Wyndham Airport/Maine Mall, soon to be rebranded as Spark by Hilton, is listed for sale. The hotel is currently undergoing a comprehensive renovation and is set to reopen in May as a Days Inn and then transition to a Spark by Hilton in September 2025.
Category:
Hospitality
Financial Outlooks Dampen American Travel Plans Amidst Tariff Concerns
2025-05-13 18:53:30| Hotel Resource
Amidst growing financial concerns and tariff anxieties, American travelers are adjusting their behaviors, including stricter trip budgeting and destination selection based on affordability.
Category:
Hospitality
A 'Direct' Booking Isnt Always the Most Profitable & By Diego Acosta
2025-05-13 18:53:30| Hotel Resource
Understanding the true cost of a hotel booking isnt as straightforward as it might seem. Between marketing investments, agency fees, and labor costs, even a 'direct' booking isnt always the most profitable. Here are a few key insights from a recent HSMAI Revenue Optimization Advisory Board discussion on distribution, profitability, and smarter benchmarking.
Category:
Hospitality
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