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Tag: development


Finance and Development, Real Estate

Pause or proceed? COVID-19 considerations for hotel development

May 11, 2020

Via: Hotel Management

As 2020 got underway, the hotel cycle was at the peak of expansion with relatively sound fundamentals, albeit slowing growth. Seemingly overnight, the industry enters a downward spiral the likes of which have never been seen before. Demand falls off […]


Hotels

STR: U.S. hotel construction hits all-time high in March

April 20, 2020

Via: Hotel Management

The latest update from STR shows that the U.S. hotel industry recorded 214,704 rooms under construction in March 2020, the highest end-of-month total ever reported by STR. The industry’s previous construction peak occurred in December 2007 with 211,694 hotel rooms […]


Hotels

LE: Global hotel-construction pipeline ends 2019 at record high

March 10, 2020

Via: Hotel Management

The total global hotel-construction pipeline hit record highs at the close of 2019 with 15,000 projects and 2,454,954 rooms, according to Lodging Econometrics’ “Global Construction Pipeline Trend Report.” Year-over-year, projects increased 11 percent and rooms rose 8 percent. The global […]


Finance and Development, Financial, Hotels

Middle East looks to tourism

February 17, 2020

Via: Hotel Management

More than $23bn-worth of hotel construction contracts were due to be awarded in the Middle East and North Africa between now and 2023, according to MEED Projects. The company said that, in the final quarter of last year, development was […]


Finance and Development, Trends

25 Pivotal Hospitality Trends from 2019

December 26, 2019

Via: Smart Meetings

As we begin anew, here’s where to start… My trusty Outlook calendar is telling me it’s time to count down the top hospitality trends of this almost-past, whirlwind of a year. After another 365 days of fresh ideas, hundreds of […]


Hotels

What Hospitality Professionals Need to Know About Service Animals – By David Trumble

December 19, 2019

Via: Hotel News Resource

In recent years there have been growing numbers of guests checking into hotels with service animals. It is estimated that there are more than 500,000 trained working service animals worldwide. Service animals are defined by the Americans with Disabilities Act […]


Hotels, Technology

What Is a Web Booking Engine & How Does It Help You Increase Hotel Revenue?

December 19, 2019

Via: Hotel News Resource

What is a web booking engine? It can be defined as an application that appears on hotel websites or social media sites and which can be easily used by visitors to make reservations directly online. It is a simple and […]


Hotels

STR: US Hotel Performance For November 2019

December 18, 2019

Via: Hospitality Net - All News

HENDERSONVILLE, Tennessee – The U.S. hotel industry reported positive results in the three key performance metrics during November 2019, according to data from STR. In a year-over-year comparison with November 2018, the industry posted the following: Occupancy: +0.3% to 61.8% […]


Travel

How Patagonia beautifully blends luxury and planet-friendly travel

December 18, 2019

Via: CNBC - Travel

With tourism taking a toll on the environment, more luxury tour operators than ever are now offering eco-friendly alternatives for travelers. This is especially true in the remote South American region of Patagonia. Shared by Chile and Argentina, Patagonia runs […]


Hotels, News

Virgin Hotels Lands in Dallas

December 17, 2019

Via: HospitalityDesign - News

Virgin Hotels has inaugurated its third property in the Lone Star State. Rising above the city’s Dall Design District, Virgin Hotels Dallas is situated within a new-built property, crafted by locally based architecture firm 5G Studio Collaborative. Developed by Dunhill […]