A union representing hotel housekeepers is asking guests to request daily room cleaning as a way to secure housekeepers’ jobs and ease strain

Brookfield is set to acquire Watermark Lodging Trust in a $3.8-billion all-cash transaction, which includes 25 properties, including five Ritz-Carlton hotels.

U.S. hotel gross operating profit per available room reached its highest level since November 2019. The GOPPAR of $83.81 was less than $10 shy of reaching the pre-pandemic comparable from March 2019.

The project is aiming to finish before the end of next year, though work may continue into 2024, with costs now are expected to run to more than $2 billion. That means the total acquisition and conversion costs will approach or potentially exceed $4 billion, making it one of the largest, most intricate and most expensive condo conversion and hotel rebuild projects undertaken.

Miami investment fund, CGI Merchant Group is paying $375 million to buy Trumps’ Washington Hotel lease and will begin the process of rebranding the property as a Waldorf Astoria.

Host Hotels & Resorts has sold the 1,780-room Sheraton New York Times Square Hotel for $373 million.

Airlines are passing higher costs on with domestic ticket prices in March 20% higher than 2019 levels, and up 15% from February,

Compared to pre-pandemic levels, hotel development costs have increased between 15% and 23%.

For every 10 jobs that exist in leisure and hospitality, there’s a job opening with hotel employment in the U.S. 20% below where it was pre-pandemic.

Big corporate travel-management companies are hovering around 50% of 2019 booking levels, much of which is due to the lack of international travel.