Travel & Tourism

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Boutique Brokerage Facilitates Successful Hotel Sale in High-Demand Cleveland-Area Market

In a noteworthy transaction for the Greater Cleveland hospitality scene, the Fairfield Inn & Suites in Avon, Ohio has officially changed ownership. Laurel Real Estate Co., a boutique real estate brokerage and proud member of Hotel Brokers International, served as the sole brokerage in the sale, exclusively representing the seller.

Strategic Location Fuels Investor Interest

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Sonesta Select Minneapolis Eden Prairie Sold to Local Operator in Promising Market Move

New ownership signals confidence in Twin Cities hospitality recovery

HREC Investment Advisors has successfully arranged the sale of the 149-room Sonesta Select Minneapolis Eden Prairie, marking a notable transaction in the Twin Cities hotel market. The property, located in Eden Prairie, Minnesota, was acquired by Eden Hotels LLC, a local owner/operator based in Minneapolis.

Experienced brokers drive the transaction

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - DZG Urges Chancellor-Designate Merz: Put the Hospitality Sector at the Cabinet Table

Thinktank calls for creation of a State Minister for Tourism and Hospitality directly in the Chancellery

As coalition negotiations between CDU/CSU and SPD enter their final stretch, the Denkfabrik Zukunft der Gastwelt (DZG) is calling for a major structural shift in how the German government approaches one of its most vital economic sectors. In a recent letter to Chancellor-designate Friedrich Merz, DZG has proposed the creation of a new coordinating position—a State Minister for Tourism and Hospitality—to be placed directly in the Federal Chancellery.

A major sector, underrepresented politically

SHERIDAN, WYOMING – March 22, 2025 – SHERIDAN, WYOMING – Saturday 22. March - Marriott International Inc. has officially launched its City Express by Marriott brand in the United States, marking a significant step into the affordable midscale lodging sector. The opening of City Express by Marriott Duluth in Duluth, Georgia, represents the brand’s first U.S. property, signaling a major expansion initiative. This move aims to bring the successful City Express model, already well-established in the Caribbean and Latin America (CALA) region, to U.S. and Canadian travelers.

Strategic Growth in the Midscale Market

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025 -HEI Hotels & Resorts, a leading hospitality management company, has officially announced its new role as the manager of the prestigious Claremont Resort & Club Berkeley. This recent acquisition marks a significant expansion in HEI's operational scope, now boasting a total of 103 properties under its management across the United States.

Located in the scenic area of Berkeley, California, the Claremont Resort & Club Berkeley is renowned for its exquisite views of the San Francisco Bay and its rich heritage. Owned by the Texas-based Ohana Real Estate Investors, the resort features 276 luxurious rooms and over 21,000 square feet of versatile meeting space, catering to both business and leisure travelers.

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025-In an age where digital devices are seemingly welded to our hands, a growing movement within the hospitality industry is championing a return to real-world interactions and mental clarity through digital detoxes. This initiative, led by innovative hotels, offers a sanctuary from the constant buzz of notifications and the glow of screens that dominate modern life.

The Rise of Digital Detox Retreats

As the global count of smartphone users approaches the 6 billion mark, the necessity for digital detox becomes more apparent. Amidst this digital frenzy, hotels like Miraval and France’s Vichy Celestins Spa Hotel are stepping up as bastions of peace, encouraging guests to disconnect in order to reconnect with themselves and their surroundings.

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025- In a recent showcase of commitment to excellence and guest satisfaction, Kolter Hospitality proudly announced a comprehensive makeover of the Hyatt Place Delray Beach in Delray Beach, FL. This renovation not only enhances the aesthetic appeal of the hotel but also introduces modern amenities designed to cater to both leisure and business travelers.

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025- Madrid's esteemed hospitality landmark, The Palace, a Luxury Collection Hotel, has opened its doors once again, marking a new chapter in the city's rich cultural and historical tapestry. This grand reopening follows an extensive two-year restoration, transitioning the renowned establishment from its former identity as The Westin Palace, Madrid, to a proud member of Marriott’s Luxury Collection.

Nestled in the vibrant Barrio de las Letras, The Palace is steps away from seminal attractions such as the Prado Museum, Thyssen-Bornemisza Museum, Retiro Park, and Plaza Mayor. Its strategic location in the UNESCO-recognized Paisaje de la Luz solidifies its role at the heart of Madrid's cultural milieu.

A Blend of Tradition and Modern Luxury

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025- In an impressive display of growth and resilience, a&o Hostels, a leading European hostel chain, announced its most successful year to date in its 2024 annual performance review. With a significant increase in guest numbers, revenue, and the addition of new locations, a&o Hostels continues to set the standard for budget-friendly accommodation across Europe.

Record-Breaking Performance

The year 2024 saw a&o Hostels reaching new heights with 6.2 million overnight stays, a slight increase from the previous year's 6.1 million. The number of guests hosted rose to 2.8 million from 2.7 million in 2023, and the revenue surged to £192.7 million, up from £179.9 million the previous year. These figures underscore a steadfast increase in the hostel's popularity and financial success, with an average occupancy rate of 76.6% across its properties.

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025- After a significant hiatus, the renowned Starwood Hotels brand makes a striking comeback under the seasoned leadership of Barry Sternlicht, aiming to redefine modern luxury and sustainable hospitality. With a heritage rich in innovation and guest-centric experiences, Starwood Hotels re-enters the hospitality arena with a promising future guided by the vision of its original founder.