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New Restrictions on Chinese Capital

Following the implementation of new government restrictions, Chinese companies are facing having to limit their overseas spending. According to China’s Ministry of Commerce, Chinese investors invested 1.13 trillion Chinese yuan ($171.4 billion) overseas in 2016, which is up 44.1 percent, ...

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U.S. Markets with the Largest Construction Pipeline

PORTSMOUTH, NH—Analysts at Lodging Econometrics (LE) have reported that the five U.S. markets with the largest number of hotel construction projects in the second quarter of 2017 are: New York with 190 projects/31,923 rooms; Houston with 159 projects/17,472 rooms; Dallas ...

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Texas Storm Victims Won’t Pay Hotel Tax

Hurricane Harvey has wreaked havoc in Texas along the Gulf Coast, forcing thousands to evacuate their homes. With many displaced people staying in hotels and motels, Texas Governor Greg Abbot has announced that Harvey victims, as well as relief workers, ...

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Texas Hotels Prepare for Hurricane Evacuees

Hurricane Harvey is driving evacuees inland and hoteliers in cities like Austin are preparing for these guests in a number of ways. Many hotels are reducing their rates and softening animal policies to accommodate guests in emergency situations. Others are ...

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