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Industry Giants Confident More Growth is Yet to Come

Industry Giants Confident More Growth is Yet to Come

With occupancy, room demand, average daily rate, and revenue per available room achieving record highs, the travel industry is surely booming, and hoteliers who spoke at the 37th annual NYU International Hospitality Industry Investment Conference this week at the Marriott ...

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La Quinta Opens First Del Sol Prototype Hotel

La Quinta Opens First Del Sol Prototype Hotel

When La Quinta announced its new Del Sol prototype last year, the company talked about how the new design maximized the revenue-producing square feet to create a more cost-efficient hotel. The company had started the process to create the prototype ...

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Hotel Operating Metrics Hit Record Highs

Hotel Operating Metrics Hit Record Highs

Now at 3,885 projects with 488,230 rooms, the total construction pipeline has shown seven consecutive quarters of growth, with the last three quarters posting year-over-year gains of 20 percent or greater. The pipeline is approximately halfway through the expansion phase ...

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Starwood Unveils New Vision for Sheraton Brand

Starwood Unveils New Vision for Sheraton Brand

In conjunction with the 37th annual NYU International Hospitality Industry Investment Conference, Starwood Hotels & Resorts Worldwide today introduced Sheraton 2020, a comprehensive 10-point plan designed to reinvigorate the Sheraton Hotels and Resorts brand. This five-year vision encompasses a $100 ...

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