Industry news and resources connected to the worldwide hospitality industry and the Chicago area
Costar.com
By: Sean McCracken
The COVID-19 pandemic has changed the way Lori Kiel interacts with her team, the hotel industry in general and the broader world as a human being.
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Costar.com
Hotel News Now
By: Dana Miller
Whether early in a hotelier's career or after rising through the ranks, being surrounded by leaders and peers with the same vision and values is critical to success.
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Lodgingmagazine.com
By: Dennis Nessler
While acknowledging a “mild recession” is likely in ’23, economist Adam Sacks nonetheless delivered generally positive news for hospitality during the keynote session at the Hunter Hotel Investment Conference vowing “we can get back to normal” in terms of room demand.
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Costar.com
By: M. Brian Riley, Chris Klauda and Isaac Collazo
The U.S. continues to settle in to a more normal hotel performance pattern, punctuated by improvements in top 25 markets and bolstered by weekday business travel flowing into key markets.
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Costar.com
By: Ryan Ori
A prolific developer in Chicago’s River North is proposing an apartment tower wedged between two loft office buildings it owns near the Chicago River, potentially shifting focus from a long-planned hotel development on the site.
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Costar.com
Hotel News Now
By: Laura Koss-Feder
Even though the labor market is slowly loosening up, hotels are still in fierce competition for top talent. Hoteliers have learned that they need to be extra employee-friendly to bring in and keep staff members.
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Costar.com
Hotel News Now
By: Harvey Chipkin
Gluten-free avocado toast. Hands-free pancake makers. Breakfast “in the round” instead of on the buffet line.
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Costar.com
Hotel News Now
By: Trevor Simpson
MEMPHIS, Tennessee — Shifts in business travel demand over the past few years have included trips that increasingly blend in leisure, as remote and hybrid work enable extended stays at hotels. Some hotel executives believe these shifts could be permanent.
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hotelsmag.com
By: Larry and Adam Mogelonsky
“If you don’t make time for your wellness, you will be forced to make time for your illness.” This catchy turn of phrase underpins the widespread growth of the myriad practices falling within the broad, and sometimes ambiguous, banner that is wellness, which, if it isn’t already part of a hotel’s or hotel brand’s vernacular, should be.
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costar.com
By: Dana Miller
LOS ANGELES — A majority of Lodging Industry Investment Council members said they expect full-year lodging real estate transactions in 2023 to exceed the volume in 2022.
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