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🎉 Trussville Holiday Inn Sold for Nearly $5.7M

A Holiday Inn in Trussville, Alabama, located near a major interstate, sold for $5.7 million. Jai Mahadev LLC purchased the property from R & M Properties. The deal reflects ongoing investor interest in mid-market hotel assets. Read more.

✨ Castle Peak Raises $315M to Expand Trailborn Outdoor Hotel Brand

Castle Peak Holdings secured $315 million to grow its Trailborn hospitality brand focused on outdoor destinations. The investment vehicle's first acquisition is the Snow King Resort in Jackson Hole, Wyoming. Trailborn now operates five properties across iconic nature spots and has a long-term deal with Marriott for further expansion. Read more.

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🏷️ Northern U.S. States Launch Deals Targeted at Canadian Travelers

Several northern U.S. states are offering travel incentives and “Canadians only” deals to revitalize faltering cross-border tourism. Visitors from Canada can benefit from hotel discounts, attraction offers, and dining promotions. These efforts come as U.S. tourism stakeholders aim to recover lost tourism due to weaker Canadian travel numbers. Read more.

🎶 Peoria Blues & Heritage Festival 2025 Lineup Announced

The Peoria Blues & Heritage Festival returns this year with an impressive lineup of blues artists, live performances, and local vendors. The multi-day event supports regional music culture and draws both tourists and locals. It highlights Peoria’s vibrant live music scene. Read more.

💸 Hotel Profitability Under Pressure Amid Low Growth

New data from CoStar shows hotel profitability is at risk due to sluggish revenue growth and rising operational costs. RevPAR and ADR remain under pressure, and increasing labor and supply expenses are squeezing margins. Analysts warn owners to focus on cost control and revenue management strategies. Read more.

💚 Pullman Riga Old Town Hotel Earns Green Globe Certification

The Pullman Riga Old Town in Latvia has become the first Baltic hotel certified by Green Globe. The eco-certification recognizes the property’s commitment to sustainable practices in areas like energy, water, waste, and community engagement. Read more.

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