
Sean McCracken
@HNN_Sean
I write for @Hotel_News_Now for a living. I worked at a couple newspapers before that.
ID:3384564839
http://www.HotelNewsNow.com 20-07-2015 14:20:13
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67% of hotel investors believe YE 2023 total amount of lodging transactions will be greater than 2022, 27% anticipate count neutral, 6% down - per LIIC - Lodging Industry Investment Council via Hotel News Now roundtable held ALIS Conference; Dana Miller Sean McCracken @hnn Bryan Wroten

Interesting perspective from #ALISConference speakers: The industry missed an opportunity to reset some operations based on evolving customer needs. 'We had a customer that was willing to change, and we went back to the way we’ve always been doing business.'


Sonesta International has launched a new upper-midscale hotel brand: Sonesta Essential. CDO Brian Quinn tells us the brand is the result of a wave of investor demand. Sonesta Hotels
costar.com/article/212367…



In 2023, hotel investors will have to grow more comfortable with the increasing cost of capital, experts told Sean McCracken. Catch up on their predictions:
costar.com/article/201316…



Despite the seasonal slowing of hotel occupancy, demand for the week was strong and the highest for the 51st week of the past 23 years, with booked room nights reaching 21.1 million, up from 20.7 million a year ago.
Learn more via CoStar News: bit.ly/3GmQKSd

We launched another newsletter this year! Make Terence Baker's Christmas by subscribing to the Europe, Middle East and Africa Update, and you'll receive the final newsletter coming this Thursday.
costar.com/subscribe-hote…

In the latest episode of the #NextGenInLodging podcast, host Omari Head sits down at the Revival Hotel with General Manager Donte Johnson and Jason Bass, the hotel’s director of culture and impact.
costar.com/article/124197…







Even with a recession looming over the U.S. economy in the near future, a lodging industry analyst (Ryan Meliker) predicts that groups are poised to book more rooms at U.S. hotels in 2023. costar.com/article/928790…

NEW: E-commerce giant Amazon officially is in the movie theater business.
Amazon Studios has soft opened its first theater, The Culver Theater, in Culver City, CA.
CoStar News went to the movies and checked it out today.
costar.com/article/884404…

