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Below are the latest press releases from STR. Please select a headline to read the full article. To see the complete archive of press releases, please click here.  For all other news on the hotel industry please go to www.HotelNewsNow.com.

 

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    The pros and cons of listing indie hotels on Airbnb

    Airbnb has opened up its platform to boutique hotels, which is an opportunity for some to reach a new segment of traveler. But the experience of one property that lists on the platform indicates that hoteliers should prepare for a different kind of booking experience with Airbnb.

    A roundup of independent hotel news

    This month’s roundup of news from the independent hotel sector includes: the latest designs of the TWA Hotel; Puerto Rico’s first hotel opening since last year’s hurricanes; and the latest openings.

    When the music stops

    Hoteliers must not let the current labor shortage cause them to panic and make rash decisions regarding employee turnover. Instead, they should invest wisely in employees and be flexible to handle challenges as they arise.

    5 things to know: 23 May 2018

    From the desks of the Hotel News Now editorial staff:

    • Hilton partners with China’s Country Garden
    • Fattal Holdings selling Leonardo Royal Hotel for $157m
    • How Caribbean hoteliers are rebuilding and reinvesting
    • Hotels cater to hard-to-please tweens
    • Air travel projected to hit record high this summer

    Preparing for the next big thing

    Instead of planning for the unknown, it’s a lot more realistic to think about what’s next in hospitality and what you can do to capitalize on it.

    5 things to know: 22 May 2018

    From the desks of the Hotel News Now editorial staff:

    • Debt funds becoming major source of US hotel financing
    • Successful select-service hotels go beyond brand standards
    • Increasing gas prices could hurt US summer travel
    • Those born in 1980s likely hurt most by recession
    • MGM Resorts to reduce use of straws at resorts

    Exceeding brand standards key to select-service success

    Developers of select-service hotels need to install capital improvements that go beyond brand standards to maximize their return on investment in the crowded segment, according to speakers at the recent Meet the Money conference.

    US hotel conversion list

    Updates to this list include: the conversion of the Monte Carlo to Park MGM in Las Vegas and more.

    Love, hate and hostels

    Budget hospitality is reinventing itself across Asia in the post-hipster, selfie era.

    5 things to know: 21 May 2018

    From the desks of the Hotel News Now editorial staff:

    • Blackstone to acquire LaSalle for $4.8 billion
    • Online searches for ‘vacation’ on the rise
    • GDPR refresher as compliance deadline nears
    • Hedge funds, private equity muscle in on business loans
    • US hotel performance for April 2018