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Cost Controls Perpetuated U.S. Profit Growth in 2017

Cost Controls Perpetuated U.S. Profit Growth in 2017

U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017, despite another slowdown in the rate of revenue growth. According to the 2018 edition of Trends in the Hotel Industry, total operating revenue increased by 2 percent in ...

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Choice to Develop a New Cambria Hotel in the Twin Cities

Choice to Develop a New Cambria Hotel in the Twin Cities

ROCKVILLE, Md.—Choice Hotels International finalized an agreement with C&O Bloomington, LLC to develop the Cambria Hotel Minneapolis-Saint Paul Airport. Slated to open in 2019, the five-story, 170-room upscale hotel will be the third Cambria property to enter the booming area, ...

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Five U.S. Markets With the Biggest Hotel Construction Pipelines

Five U.S. Markets With the Biggest Hotel Construction Pipelines

Lodging Econometrics recently released the findings of its second-quarter hotel construction pipeline trend report, including the top five markets with the largest hotel construction pipelines as well as the U.S. markets with the most hotel projects currently under construction and ...

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