Tag: hotel

November 23, 2022

Few people start their workday expecting an emergency to happen, but according to American Aerospace Engineer Edward Murphy Jr. who worked on safety-critical systems: “Anything that can go wrong will go wrong.” If you’re not a believer in “Murphy’s Law,” […]

November 23, 2022

Following seasonal patterns, Canada’s hotel performance fell from the September but average daily rate (ADR) and revenue per available room (RevPAR) were higher than the pre-pandemic comparables, according to STR’s October 2022 data. October 2022 (percentage change from October 2019) […]

November 22, 2022

Kamla Hotels, a hotel developer and operator based in Cerritos, California, today announced that the SpringHill Suites by Marriott in Downey, California is now open for business. The 140-suite hotel situated at 9066 Firestone Boulevard can serve as your home […]

November 21, 2022

Meliá Hotels International continues to grow in one of the key European destinations after the addition of two new hotel projects in Italy. The company is also supporting the international growth of its INNSiDE by Meliá brand, which has accelerated […]

November 21, 2022

According to the Q3 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,660 projects/258,476 rooms. Projects under construction in Europe stand […]

November 18, 2022

The U.S. hotel industry reported higher performance from the month prior but weakened comparisons with 2019, according to October 2022 data from STR. October 2022 (percentage change from October 2019): Occupancy: 67.2% (-2.4%) Average daily rate (ADR): US$155.63 (+16.8%) Revenue […]

November 18, 2022

Marriott International, Inc., today announced it has signed a management agreement with property development company GURNER to bring the St. Regis brand to Australia’s Gold Coast. The signing of The St. Regis Gold Coast Resort will bring the brand to […]

November 18, 2022

HVS Brokerage & Advisory announces the sale of the 74-key Comfort Suites Houston Chinatown, located at 7707 West Sam Houston Parkway South, Houston, Texas 77072. The select-service hotel property, built in 2013, was purchased by GN Hospitality Inc., based in […]

November 15, 2022

Today, Hilton (NYSE: HLT) announced the signing of the first Waldorf Astoria Hotels & Resorts property in Costa Rica, the new-build Waldorf Astoria Guanacaste, currently under construction and expected to open in 2025. Located on a peninsula with unobstructed ocean […]

November 15, 2022

The hotel industry has no shortage of brands, and while the segments at either end of the spectrum are top of mind for investors and guests, the midscale segment is looking to take its next big leap. The survival of […]

November 15, 2022

Mandarin Oriental Hotel Group has announced that it will manage a luxury hotel in Kuwait, projected to open in 2028. The hotel will be located in the heart of the financial district of Kuwait City. Mandarin Oriental, Kuwait will be […]

November 11, 2022

Tao Hospitality Group is set to expand its empire with a brand-new venture: the launch of its maiden TAO-branded resort in Orlando, Florida. Slated to open in 2025, the Tao Hotel Orlando will debut as an anchor of O-Town West, […]

November 10, 2022

As expected due to the Halloween calendar shift, U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019, according to STR‘s latest data through 5 November. 30 October through 5 November 2022 (percentage change […]

November 10, 2022

During the third quarter, Choice Hotels International, Inc. (NYSE: CHH) signed an agreement with Noble Investment Group (Noble) to develop nine WoodSpring Suites hotels in Georgia and South Carolina over the next two years, signaling increased institutional interest in the […]

November 8, 2022

From theme park destinations to bustling metropolitan areas, Americans are crisscrossing the country this Thanksgiving. AAA has compiled a list of the top domestic destinations based on flight, hotel, and rental car bookings for Thanksgiving week. Orlando and Anaheim top […]

November 8, 2022

Maestro PMS, the leader in cloud hosted, private cloud and on-premise property-management systems for independent hotels and luxury resorts, conference centers, vacation rentals, and multi-property groups, has partnered with RoomChecking, a hospitality software provider who has aggregated every aspect of […]

November 8, 2022

According to the recent Hotel Construction Pipeline Report for Canada by Lodging Econometrics (LE), LE analysts report that in the third quarter of 2022 the total construction pipeline in Canada stands at 263 projects/34,825 rooms, up 2% by projects and […]

November 4, 2022

Singapore-based the Fullerton Hotels and Resorts has unveiled its first-ever resort as well as its maiden location in Hong Kong. The Fullerton Ocean Park Hotel Hong Kong was crafted by architecture firm Aedas to serve as a seamless extension of […]

November 4, 2022

Newbond Holdings, a vertically integrated real estate investment and operating platform, founded by Neil Luthra and Vann Avedisian, is proud to announce the acquisition of the Hotel Tampa Riverwalk, formerly known as the Sheraton Tampa Riverwalk Hotel, in partnership with […]

November 3, 2022

The Vanderbilt, Auberge Resorts Collection in downtown Newport, Rhode Island has revealed its comprehensive renovation. The final stage of the iconic mansion’s overhaul—led by Dallas-based firm SWOON, the Studio—introduces 21 updated guestrooms and suites defined by both modern and historic […]