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Airbnb Ordinance Passes in Chicago

Yesterday, Chicago aldermen passed Mayor Rahm Emanuel’s plans to regulate Airbnb and Uber. After the approval, Airbnb senior adviser Will Burns said Chicago is giving a big welcome to home-sharing with the ordinance. To read the latest on the Airbnb ...

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Charlotte Hotels Withstand HB2 Controversy

Despite North Carolina’s House Bill 2 “bathroom law” raising concerns about the area’s economy, data from STR shows that Charlotte’s hotel sector is strong. Occupancies were up 5.6 percent in May from the year prior, and for the first five ...

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Top Countries for Hotel Construction

Lodging Econometrics reports that the countries with the largest construction pipelines in the world are the United States with 4,471 projects/551,965 rooms and China with 2,448 projects/549,222 rooms. Following at a distance are: Brazil with 407 projects/70,833 rooms; Indonesia with ...

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Brexit Raises Questions for U.K. Hospitality and Travel

Ahead of tomorrow’s vote in the referendum that will decide whether the United Kingdom will remain part of the European Union, commonly known as Brexit, the hospitality industry is considering the results’ impact. According to research carried out by Elavon ...

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New Builds Reveal Confidence in Cycle

Despite possibly approaching the peak of the cycle, many owners and developers with new construction projects feel confident their properties will perform well after opening. Even with this optimism, new-build challenges such as higher construction costs, construction delays, and tougher ...

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