Tag: development
Sonesta Announces Development Plans to Expand to Latin America and the Caribbean
NEWTON, Massachusetts—Sonesta International Hotels Corporation (Sonesta) announced several key developments to support future expansion in Latin America and the Caribbean, including the renewal of...
Navigating a New Investment Landscape: Market Conditions Include Rising Interest Rates, Lagging Returns, and...
With U.S. interest rates continuing to make headlines, hoteliers are contemplating the best way to pivot their investment and acquisition strategies. For those hoteliers...
Five Mistakes to Avoid When Embarking on an Adaptive Reuse Project
Converting existing buildings to hospitality assets has become quite popular in the last decade. Real estate with unique architectural features and a layout conducive...
Development Slowdown: U.S. Hotel Pipeline Hampered by Pandemic-Related and More Recent Disruptors
After more than two years of pandemic disruption in the hospitality industry, data shows a slowdown in U.S. hotel development. Supply chain issues, staffing...
Best Western Opens Two SureStay Hotels
Best Western opened two new SureStay properties, including the SureStay Hotel by Best Western Spring North Houston and the SureStay Hotel by Best Western...