Category: Real Estate

February 13, 2020

STR’s hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the […]

February 5, 2020

The last decade has seen a continued shift in hotel ownership. In 2010, roughly 70% of branded hotels were franchised operations. By 2019, that figure rose to roughly 80%. Major hotel brands have led the charge. Marriott International, Hilton Worldwide, […]

January 27, 2020

At the close of 2019, analysts at Lodging Econometrics (LE) report that the total U.S. construction pipeline continues to grow with 5,748 projects/708,898 rooms, up 4% by projects and 6% by rooms year-over-year (YOY). The pipeline has now completed its […]

December 30, 2019

Over the past decade, the alternative accommodation sector has experienced huge growth. This has been driven by the meteoric rise and proliferation of online travel agencies, spearheaded by Airbnb, that have very effectively tapped into a huge well of pent-up […]

December 5, 2019

Ground rent or ground lease deals have been moving into the mainstream with great effect at companies such as PPHE Hotel Group, putting them into a strong position in the London market, which they and their shareholders are appreciative of. […]

December 4, 2019

Airbnb is eyeing a major IPO next year, but this year it faces escalating regulation in cities across the country. The home-sharing company had to comply on Sunday with strict new regulations in Boston that require hosts to register their […]

December 3, 2019

Greenwood Hospitality Group assumed management of five hotels in Monterey, Calif. The properties, all owned by Inns of Monterey, together added 359 rooms to the operator’s portfolio. “I’ve known [Greenwood Hospitality Group principal] Bill Kohl for years, and we have […]

November 27, 2019

The Circa Resort & Casino will open in December 2020 as the latest gaming and leisure destination in Downtown Las Vegas. Crafted by locally based architecture firm Steelman Partners, the 1.25 million-square-foot hotel will merge the glamor of vintage Vegas […]