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The Global Hotel Construction Pipeline Is Growing

PORTSMOUTH, N.H.—The total hotel pipeline for every country and market in the world stands at 12,190 projects and 2,029,231 rooms, up 8 percent by projects year over year (YOY), according to Lodging Econometrics’ Global Hotel Construction Pipeline Trend Report. The ...

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Update on Caribbean Tourism, Island by Island

After Hurricanes Irma and Maria swept through the Caribbean, the storms left the areas’ islands and their residents in various states of devastation and recovery. At the same time, these islands took an economic hit when the storms put a ...

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B&Bs for Vets Salutes U.S. Soldiers

As Veterans’ Day approaches, independent properties are coming together to offer complimentary stays for those who served their country. An initiative of the Association of Independent Hospitality Professionals, the B&B for Vets program offers free nights on or around Veterans’ Day at participating ...

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Loyalty Programs Take Guests Shopping

This week, Red Roof expanded its loyalty program so that, in addition to using rewards points for booking rooms, guests can now “buy” Amazon gift cards, Apple products, and other items through an online marketplace. Read about how more hotels are ...

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Puerto Rico Devastated by Hurricane Maria

Yesterday morning, Hurricane Maria made landfall on Puerto Rico’s southeastern coast as a Category 4 storm. It lingered for 10 hours, knocking out power and water for the entire island, which has yet to be restored. Puerto Rico is also ...

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Hotel Capitalization Remains Strong

COLUMBUS, Ohio—U.S. Realty Consultants, Inc. has released its Mid-Year 2017 Hotel Investor Survey, which shows strength and stability in the hotel sector, but with a dose of caution regarding future growth. Discount rates were largely flat since the last survey ...

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