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Upscale Chain Projects Represent 31 Percent of U.S. Pipeline

According to a recent United States Construction Pipeline Trend Report from Lodging Econometrics, hotel development in the upscale chain scale represents 1,384 projects, 31 percent of the total pipeline. The leading upscale brands are Residence Inn with 168 projects, Courtyard ...

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U.S. Travelers Drive Global Tourism Growth

The U.S. was one of the largest foreign markets for several of the world’s most-visited cities in 2015, with some of these cities posting double-digit growth from U.S. arrivals, Skift reports. This notable growth is expected to continue. To read ...

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South Korean Firms Eye U.S. Hotel Market

Following the acquisition of a number of high-profile properties on the West Coast and in Hawaii by South Korean investors, lodging experts have identified South Korean interest in U.S. assets an emerging trend in the industry. According to an official ...

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HNA Hospitality Group Denies Talks With AccorHotels

Chinese conglomerate HNA Hospitality Group has not held talks with AccorHotels to buy shares in the French hotel group and has no plans to have such discussion, the company said over the weekend. HNA issued the statement in response to ...

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French Hoteliers Look to Expand Globally

French hotel owners are increasingly looking to expand their presence globally as their home country’s economy continues to decrease as a result of last year’s terrorist attacks on Paris. The Paris hotel market has seen mostly negative performance between November 2015 ...

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Lotte Group Offices Raided by Prosecutors

The offices of Lotte Group, the country’s fifth-largest conglomerate, were raided by South Korean prosecutors on Friday, along with several affiliates. The raid is dealing a further blow to its hotel unit’s planned IPO, billed as the world’s biggest this ...

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