CitizenM Pitches its Co-Working Benefits
CitizenM is expanding its membership program to offer co-working benefits, including inspiring spaces, premium amenities, and access to 34 global locations.
Kelco Management and Development Inc.
The Hotel Business Is Good. Financing Is the Question Mark
Hotel industry experiences mixed stock market performance, with DJIA rising while NASDAQ and S&P 500 show declines.
Renovations and upgrades abound, with notable projects including the multimillion-dollar renovations of Houston Marriott South and Homewood Suites by Hilton New Orleans.
Exciting developments on the horizon, such as the opening of Raffles Boston and the planned multimillion-dollar mixed-use project by Beck Ventures in Midtown Dallas.
Lodging Stocks End the Week on a Down Note
The Baird/STR Hotel Stock Index was up 14.3% in July. Year to date the first seven months of 2022, the stock index is still down by -10.4%.
According to Bloomberg, the Abu Dhabi Investment Authority is exploring options, including a possible sale of the Miami Beach Edition hotel .
AC Hotels by Marriott announced the opening of the new AC Hotel by Marriott Monterrey Valle , its first hotel in the city of Monterrey, Nuevo Leon