Hospitality

A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand. The company acquired the hotel in...

Opening a restaurant in competitive markets like South Florida is no easy task. Nearly 49 percent of restaurants fail within their first five years, and the 10-year survival rate is less...

Chili's owner Brinker International was the year's best performing stock. | Photo by Jonathan Maze.Wall Street generally had a good 2024, but restaurant stocks mostly missed out on the party. The...

WASHINGTON -- The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 21 December. CoStar is a leading provider of online real estate marketplaces, information and...

Rockbridge acquired the Hotel ZaZa Houston Museum District. COLUMBUS, Ohio—Owner and developer Rockbridge announces the acquisition of three luxury lifestyle Hotel ZaZa properties in Texas. These distinctive hotels include the 159-room...

Permission to Store Your Information for Your MRM Account Modern Restaurant Management would like to store your above information when you create an account. We will not share this information...

About 525 Starbucks stores are unionized. | Photo: ShutterstockAsserting contract negotiations have soured under new Starbucks CEO Brian Niccol, the union representing 10,000 of the coffee chain’s employees has called...

Ditch the cookie-cutter approach. It’s time to stand out, sell smart, and win big in the year ahead. As someone who lives and breathes the hospitality industry, I’ve seen firsthand...

CHICAGO, Illinois—Hyatt Hotels Corporation today disclosed it has executed an exclusivity agreement with Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) under which Playa has agreed to negotiate exclusively with...

With AI’s growing prominence in marketing discussions this year, brands have begun navigating both its potential and pitfalls. At the same time, economic uncertainty, consumer price sensitivity, and limited resources...