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Development Activity Creates Pipe Dreams

Development Activity Creates Pipe Dreams

With 3,645 projects/460,551 rooms, the 2014 total U.S. construction pipeline stands at its highest level in six years. After a three-year bottoming formation, the pipeline has now posted five consecutive quarters of double-digit year-over-year (YOY) growth. Increases were particularly impressive ...

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Borgata Unveils Plans for Two New Entertainment Venues

Borgata Unveils Plans for Two New Entertainment Venues

ATLANTIC CITY, N.J.—Borgata Hotel Casino & Spa has announced plans to build an outdoor entertainment venue to host concerts and festivals along with plans to construct a new nightclub later this year. Borgata received preliminary determination of eligibility on March ...

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Sheraton Expects to Open 20 New Hotels in 2015

Sheraton Expects to Open 20 New Hotels in 2015

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide expects to open at least 20 new Sheraton hotels by year’s end. Strong demand across Asia Pacific is driving future pipeline growth, putting Sheraton on track to cross the 500th hotel milestone in 2016. ...

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