News Articles

Keep up-to-date with what's happening within the sector



Airbnb hits $1 billion in Q3 revenue

Posted on Thursday, November 16 2017

Airbnb doubled its net revenue in Q3 to around $1 billion as it builds towards an expected IPO.

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Chatham Lodging Trust commences public share offering

Posted on Tuesday, November 7 2017

Chatham Lodging Trust, an investor in extended-stay and select-service hotels, has commenced an underwritten public offering of 5,000,000 common share…

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WoodSpring to double development momentum in 2018

Posted on Tuesday, November 7 2017

Extended stay brand WoodSpring Hotels is on track to open 21 hotels during 2017, and a further 45 in 2018.

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November trio of US openings for Residence Inn

Posted on Tuesday, November 7 2017

Marriott’s Residence Inn extended stay brand is opening properties in California, Texas and Utah this month.

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Home2 Suites opens in Oxford

Posted on Sunday, October 22 2017

Home2 Suites by Hilton has opened its latest property, in Oxford, Mississippi.

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Altair Global awards ReloQuest 'Super Star' status

Posted on Sunday, October 22 2017

Mobility management company Altair Global has announced ReloQuest as the recipient of its Super Star Award for Product/Service Innovation.

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My Place breaks ground on St George property

Posted on Sunday, October 22 2017

My Place Hotels has announced the groundbreaking of Utah’s third My Place Hotel, located in the city of St. George.

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Ascott buys Silicon Valley property for Citadines rebrand

Posted on Friday, October 20 2017

Ascott is investing S$81.5 million to acquire and refurbish The Domain Hotel, a freehold hotel in Silicon Valley, California.

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CWS Corporate Housing wins brace of Cartus awards

Posted on Friday, October 20 2017

CWS Corporate Housing has won two awards at Cartus Corporation’s 2017 Global Network Conference, held in Chicago.

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Wells Fargo forms hotel franchise banking division

Posted on Friday, October 20 2017

Wells Fargo Corporate Banking has formed a division to provide finance to owners and operators of franchised hotels in the select-service and extended…

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