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CBRE Predicts Continued RevPAR Growth in U.S. Hotel Market for 2025

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – CBRE Forecast Shows RevPAR to Increase in 2025, indicating a sustained recovery and growth within the U.S. lodging industry. According to CBRE's latest projections, revenue per available room (RevPAR) is expected to rise by 2.0 percent in 2025, driven by improved occupancy and average daily rate (ADR) increases.

Projected Growth and Market Dynamics

CBRE forecasts a 2.0 percent increase in RevPAR growth for 2025, with occupancy improving by 23 basis points and ADR increasing by 1.6 percent. This projected growth indicates the continued recovery of the lodging industry, with RevPAR expected to be 16.6 percent higher in 2025 compared with pre-pandemic levels in 2019.

Hotels Struggle with Staffing Shortages Despite Increased Incentives

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – Hotels across the United States are making strides in workforce recovery, yet significant staffing challenges persist, according to a recent survey conducted by the American Hotel & Lodging Association (AHLA) and AHLA Gold Partner Hireology. While improvements have been noted since May 2024, nearly two-thirds (65 percent) of hotels still report staffing shortages, highlighting the ongoing effort to rebuild the hospitality workforce.

Continued Staffing Challenges in the Hotel Industry

Two Precious Days of Testing for the Team Peugeot TotalEnergies at FIA WEC Prologue

SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – The official Prologue for the 2025 FIA WEC Championship concluded with Team Peugeot TotalEnergies completing crucial testing at the Losail International Circuit. With approximately fourteen hours of track time, split into two daytime and two nighttime sessions, the team gathered vital data in preparation for the upcoming 1812 km Qatar race.

Thirty-six cars, including eighteen Hypercar prototypes, participated in the Prologue, providing a competitive environment for the teams to assess their vehicles. Team Peugeot TotalEnergies’ six drivers, behind the wheel of the PEUGEOT 9X8, covered a total of 3586 kilometers under varied track conditions. This extensive running allowed them to refine prototype setups and evaluate tire strategies.

Testing and Performance

The Future of Wellness and Hospitality Comes to Life in Hall 1 at FIBO 2025

SHERIDAN, WYOMING – February 22, 2025 – SHERIDAN, WYOMING – Feb. 22, 2025 - FIBO 2025 unveils Hall 1, a groundbreaking space dedicated to Wellness, Hospitality, and Longevity, showcasing the next generation of wellbeing trends, experiences, and innovation.

For the first time in its history, FIBO 2025 is spotlighting the booming sectors of Wellness & Spa, Body & Mind, Pilates, and Longevity in their own exhibition space: the all-new Hall 1. This forward-thinking move reflects the growing influence of these industries on the modern hospitality landscape, as global travelers increasingly prioritize health and wellbeing.

NOVA Eroica 2025: Event Calendar and Exciting New Additions

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Race. Ride. Relax. The spirit of NOVA Eroica is captured in these three words: a gravel event in pure Eroica style, designed to experience the magic of strade bianche on modern bikes, with a touch of competition. In just a few years, NOVA Eroica has become a benchmark for gravel and cycling enthusiasts in Italy and beyond, attracting riders drawn to the beauty of the routes, the meticulous organization, and the NOVA spirit—bringing together those who love to push the pedals and those who seek adventure, fun, and camaraderie. The 2025 calendar will take cycling enthusiasts to some of the most stunning locations in Italy and beyond. Two new destinations—Ivrea and Istria—promise breathtaking landscapes and thrilling routes.

2025 Event Calendar

TROBBU Launches All-Inclusive Luxury Retreat in Tulum, Mexico

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Tulum's luxury travel market has just welcomed a significant addition. TROBBU Boutique Collection has announced the grand opening of TROBBU Tulum, a private villa retreat that introduces a groundbreaking all-inclusive experience – a first for the region, according to a company release.

Luxury Villas with Private Amenities

Nestled in Mexico's highly desirable beach destination, this boutique property boasts ten three-bedroom villas. Each villa is a haven of privacy and luxury, featuring its own infinity pool, sun deck, bar and grill area, and a fully equipped kitchen. Adding to the unparalleled experience, butler service is included, ensuring guests can effortlessly arrange a variety of activities, from pizza and mixology classes to karaoke, wellness sessions, and excursions to the stunning local cenotes.

Live! Casino & Hotel Opens Doors in Bossier City, Louisiana

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – The excitement is palpable in Bossier City, Louisiana, as the Live! Casino & Hotel Louisiana officially opens its doors. This $270 million resort, a development of The Cordish Companies, marks a significant milestone as the first land-based casino in the Shreveport-Bossier market and is poised to inject substantial economic benefits into the region.

Economic Impact and Job Creation

Henderson Park Expands French Hotel Portfolio with Five Novotel Suites Acquisition

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Henderson Park, the international private equity real estate firm, has announced the acquisition of five Novotel Suites hotels in France, partnering with French asset management company Atream. This strategic move significantly expands Henderson Park's hospitality footprint, adding 645 rooms across key locations including Paris, Lille, and Cannes. The deal, finalized through two separate transactions, involved the purchase of hotel properties from French institutional investors and a simultaneous transfer of operations from the previous operator.

Strategic Acquisition of Prime Hotel Properties

Eyewear Collection from auto motor und sport and Mister Spex – Inspired by Formula 1

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – "Looks that are one step ahead of everyone else" - that's what the new eyewear collection from auto motor und sport x Mister Spex stands for. The clear number 1 in circulation and reach of car buying magazines in the DACH region* and the innovative eyewear brand have joined forces for a long-term cooperation and are presenting the new sunglasses and prescription glasses as well as the matching cases from today.

The Collaboration

"The topics of cars and glasses are linked, not least from a safety perspective," says Markus Eiberger, Managing Director of Motor Presse-Vermarktung. "In many situations, for example when the sun is low, sunglasses are indispensable when driving. And many drivers also first notice that their eyesight needs to be corrected with glasses when driving in the dark."

Design and Inspiration

AP Launches Local Investigative Reporting Program to Bolster State and Local Journalism

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – The Associated Press (AP) today announced the launch of a new Local Investigative Reporting Program aimed at supporting and enhancing investigative journalism at the state and local levels across the United States. The program will be spearheaded by Ron Nixon, a seasoned leader in global investigations and journalist training.

A Commitment to Local News

In a memo to staff on Thursday, Executive Editor Julie Pace shared the news, stating, "I am excited to announce an important step we are taking to partner with our members and customers to support investigative work at the state and local level." This initiative underscores AP's ongoing commitment to strengthening local news ecosystems and providing vital resources to newsrooms nationwide.

Leadership and Expertise