Lodging Econometrics: U.S. Hotel Construction Pipeline Experienced Positive Growth in Q4 2022
In the most recent Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the...
STR: U.S. Hotel Construction Pipeline Up for the First Time Since Late 2020
HENDERSONVILLE, Tennessee—After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR.
At a market level,...
Hilton Shares Luxury Brand Growth During and Following 2022
MCLEAN, Virginia—Hilton’s luxury brands will continue growth across their global portfolios with ten openings and the rollout of new signings slated across Waldorf Astoria...
Marriott Plans to Introduce Over 35 Luxury Hotels in 2023
Marriott International, Inc., announced plans to introduce more than 35 luxury hotels in 2023. With brands including The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W...
WorldHotels Collection Expands Offerings With 13 New Properties
PHOENIX, Arizona—WorldHotels Collection announced the expansion of its hotel offerings in North America, South America, and Europe with 13 new properties. The recent additions...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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