SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 - With RevPAR hitting a record $78 in 2024 — 14% above 2019 levels — and demand surging by 232,000 room nights year-over-year, the select-service and extended-stay sector is showing its might in the lodging market, according to a latest study by JLL.

Surging Demand and Shifting Traveler Preferences

Growth reflects shifting traveler preferences favoring longer stays, remote work setups and an improved work-life balance. “Bleisure” travelers, blending business and leisure, are increasingly drawn to these properties, which offer in-room kitchenettes and recreational spaces that cater to both comfort and convenience.

In 2025, the demand for select-service and extended-stay properties is projected to surpass pre-pandemic levels, reaching an estimated 1.02 billion room nights — 16% above the long-term average since 2001.

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 - Hotels across the U.S. continue to grapple with staffing shortages, even as wages and incentives see significant increases, according to a recent survey conducted by the American Hotel & Lodging Association (AHLA) and AHLA Gold Partner, Hireology. The survey reveals that 65% of hotels are still facing difficulties in filling open positions.

Persistent Staffing Challenges

Despite the hospitality sector's recovery from the pandemic's impact, hotel employment remains nearly 10% below pre-pandemic levels. Rosanna Maietta, AHLA President and CEO, stated, “The hospitality sector is committed to attracting and retaining talent, investing in workforce development and creating good jobs for millions of Americans and we are working hard in Washington to ensure we have a policy environment that supports these efforts.”

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – 5minlab Corp., in collaboration with Toge Productions, is set to release "Undusted: Letters from the Past," a unique and heartwarming cleaning simulator that delves into a family's past through meticulously restored objects. This game offers a serene and engaging experience, combining the satisfaction of ASMR with a compelling narrative.

A Unique Approach to Cleaning Games

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – February 23, 2025 – Holland America Line has made its popular "HAVE IT ALL" offer even more attractive for cruise enthusiasts. Additionally, the company is now offering the "Have It All+" offer with further benefits on selected cruises.

The "HAVE IT ALL" Offer

The "HAVE IT ALL" offer provides guests with a comprehensive package of amenities designed to enhance their cruise experience. Key components include:

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – In a strategic move to expand its portfolio, IHG Hotels & Resorts has announced the acquisition of Ruby, a “premium urban lifestyle brand for the modern traveler.” This acquisition, revealed in IHG’s full-year earnings report, marks the company’s 20th brand and signals its intent to capture a larger share of the urban micro hotel market.

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – Easter in Provence is set to be exceptionally sweet this year as the Terre Blanche Hotel Spa Golf Resort presents its exclusive "Oeuf Bergamote." This masterfully crafted Easter egg, celebrating the flavors of Provence, will be available from April 13 to April 27, 2025.

Easter in Provence: A Tradition of Indulgence

In France, Easter is a celebration of tradition and indulgence, particularly known for elaborately designed chocolate eggs, the "Oeufs en chocolat." This tradition, often filled with "Fritures" (small chocolates), is practiced with particular devotion in Provence.

The Oeuf Bergamote: A Masterpiece by the Chef Pâtissier

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – Tickets are now available for the nationally popular Audi Summer Concerts 2025, set to captivate audiences from June 21 to July 27. This year's festival promises a high-caliber lineup, a zest for experimentation, and a clear commitment to promoting young talent, ensuring a diverse and enriching musical experience.

Opening with Innovation: An Audi Original Production

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – Kellanova (NYSE: K) has declared a regular dividend of $0.57 per share, continuing its long-standing commitment to delivering value to its shareholders. The announcement, made by the company's Board of Directors, reaffirms Kellanova's financial stability and its dedication to returning capital to its investors.

Dividend Details and Record Date

The declared dividend of $0.57 per share will be payable on March 14, 2025, to shareowners of record at the close of business on March 3, 2025. The ex-dividend date is also set for March 3, 2025. This payout marks the 401st dividend that Kellanova, formerly Kellogg Company, has distributed to its common stock owners since 1925, highlighting nearly a century of consistent returns.1

Kellanova: A Global Snacking Powerhouse

SHERIDAN, WYOMING – February 23, 2025 –
SHERIDAN, WYOMING – Feb. 23, 2025 – DiamondRock Hospitality Company has officially concluded the sale of the Westin Washington, D.C. City Center, a significant transaction that underscores the company's strategic focus on maximizing shareholder value. The sale, which was finalized on February 19, 2025, involved the 410-room property and was completed for a contract price of $92.0 million.

Financial Highlights of the Sale

The financial metrics of this sale demonstrate a strong return on investment. The sales price represents an 11.2x multiple on 2024 hotel EBITDA and a 7.5 percent capitalization rate on 2024 hotel net operating income. When considering the company’s projected capital expenditures, the capitalization rate stands at 5.6 percent.

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – Concord Hospitality marked its 40th anniversary, celebrating four decades of remarkable contributions to the hospitality sector. Since its establishment in 1985 in Ohio, the company has relocated to North Carolina and evolved into a prominent player, boasting a diverse portfolio that includes renowned brands like Hilton, Hyatt, Marriott, and IHG. Under the visionary leadership of Founder and CEO Mark Laport, Concord has solidified its reputation across various hotel segments, including select-service, extended-stay, full-service, luxury, and lifestyle, as well as its impressive array of bars and restaurants.

Expanding Footprint and Continued Growth