Tag: development
IHG Shares Development Updates and Plans Future Growth
IHG Hotels & Resorts shared development momentum from 2022 and the start of the 2023 HUNTER Hotel Investment Conference in Atlanta, Georgia, by releasing...
ECHO Suites Extended Stay by Wyndham Has Over 200 Hotels in Development Pipeline
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year,...
Rising Interest Rates, Construction Costs Keep Hotel Supply Growth Muted
As a result of a significant spike in the cost of raw materials following the pandemic, as well as a steady increase in interest...
Red Roof to Open 50 Properties in 2023
COLUMBUS, Ohio—Red Roof will open 50 properties—new builds and conversions—in 2023, representing 60 percent year-on-year growth. The company attributes this growth to continued demand...
Moxy Williamsburg Opens, Becomes the Brand’s First Hotel in Brooklyn
Moxy Williamsburg debuts as the brand’s first hotel in Brooklyn with interiors by BASILE Studio in collaboration with Lightstone Design Studio and four new...