HotStats: U.S. Hotel Profit Stuck in Neutral as World Switches Gears
LONDON — For the seventh consecutive month, U.S. hotels remained in negative gross operating profit per available room (GOPPAR) territory in September 2020; at...
Hyatt and Genting Americas Plan Hyatt Regency JFK at Resorts World New York
CHICAGO — Hyatt Hotels Corporation and Genting Americas recently announced plans for a new hotel located at Resorts World Casino New York City (RWNYC)....
U.S. Hotel Construction Pipeline Declines in Q3 2020
PORTSMOUTH, N.H. — According to the latest U.S. Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE), the total U.S. hotel construction pipeline at...
Vision Hospitality Group Debuts New Kinley Brand in Cincinnati
CHATTANOOGA, TENN. — Vision Hospitality Group recently debuted the Kinley Cincinnati Downtown, Cincinnati’s newest lifestyle hotel and part of Marriott's Tribute Portfolio. Located at...
Resort Resilience: Will Resorts Survive the Global Pandemic?
Resorts are a particularly resilient market segment. They survived 9/11 and the 2008 financial crisis with very little negative impact, and data shows that...