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U.S. Hotel Revenue Growing, But Slowing

U.S. Hotel Revenue Growing, But Slowing

ATLANTA—U.S. hotel revenue growth is slowing down, while expenses are on the rise. According to CBRE Hotels’ Americas Research’s 2016 edition of Trends in the Hotel Industry, operating performance continued to improve in 2015, but at a much slower pace. ...

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Tru by Hilton Breaks Ground on Second Property

Tru by Hilton Breaks Ground on Second Property

MCLEAN, Va.—On Friday, less than four months after Tru by Hilton’s public debut, Hilton Worldwide broke ground on the brand’s second property, located in Oklahoma City. The celebratory event swapped out hard hats and shovels for 3D artwork of the ...

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Swire Hotels’ EAST, Miami to Open This Month

Swire Hotels’ EAST, Miami to Open This Month

MIAMI, Fla.—Following nearly three years of planning and development, the luxury-lifestyle hotel EAST, Miami, will open its doors on May 31 in Miami’s Brickell district. The anchor hotel for Swire Properties’ $1.05 billion, 5.4 million-square-foot mixed-used development is the first ...

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Canopy by Hilton D.C. Breaks Ground

Canopy by Hilton D.C. Breaks Ground

WASHINGTON, D.C.—Canopy by Hilton, Hilton Worldwide’s new hotel brand, and a joint venture between The Buccini/Pollin Group and Federal Realty has announced that the Canopy by Hilton Washington, D.C. Bethesda North has broken ground. Slated to open in the fall ...

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IHG Opens New York Barclay

IHG Opens New York Barclay

ATLANTA—InterContinental Hotels Group has announced the opening of the newly-renovated InterContinental New York Barclay, which made its grand debut to New York society in 1926 as one of the original “Railroad” hotels. For generations, the hotel served as one of ...

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