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U.S. Construction Pipeline Finally Gains Some Traction

U.S. Construction Pipeline Finally Gains Some Traction

After being locked in a bottoming formation for nine quarters, the U.S. construction pipeline increased in 2013 to 3,020 projects with 382,958 rooms. This represents a year-over-year (YOY) increase of 10 percent by projects and 12 percent by rooms and ...

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The Verb Hotel to Launch in Fenway Location

The Verb Hotel to Launch in Fenway Location

BOSTON—The Verb, opening summer 2014, sees the dynamic reimagining of a classic mid-century motel, which will reconnect it with the rich musical and artistic roots of Boston’s Fenway neighborhood. Building on the legacy that began when the Fenway Motor Hotel ...

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IHG Introduces New Holiday Inn Express Prototype

IHG Introduces New Holiday Inn Express Prototype

ATLANTA—Through guest and hotel owner insights, InterContinental Hotels Group has announced the next evolution of the prototype for its Holiday Inn Express brand. Developed for the brand’s portfolio of hotels in the United States and Canada, the updated prototype design ...

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Business Travel Adds to GDP Growth

Business Travel Adds to GDP Growth

Business travel was responsible for about 3 percent of U.S. GDP in 2012 ($491 billion), according to a new report issued by the Global Business Travel Association Foundation. For every 1 percent increase in business travel spending, the U.S. economy ...

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Juan Pablo Torre Announces Dart Hotel and Restaurant

Juan Pablo Torre Announces Dart Hotel and Restaurant

LOS ANGELES—Juan Pablo Torre, classically trained chef and restaurateur, has announced a new unified boutique hotel, bar, and restaurant concept in downtown Los Angeles. With the hotel already under construction, The Dart Hotel and Restaurant is the latest project from ...

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Nancy Johnson Named as Penn State Conti Professor

Nancy Johnson Named as Penn State Conti Professor

The Penn State School of Hospitality Management recently named Nancy Johnson, executive vice president of midscale development for the Americas at Carlson Rezidor Hotel Group, as the spring 2014 Walter J. Conti visiting professor. Conti professors visit the School of ...

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