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Investors Show Concern for Chicago Hotel Market

Despite record occupancy in 2015 and new growth, Chicago’s downtown hotel market is sending mixed signals to investors. Concerns about oversupply, an expected slowdown in convention bookings, and the recent volatility in the financial markets have made investors more cautious. ...

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Chinese Debt Poses Risk to Global Markets

There’s a rising concern that China’s pools of potential bad debt will drag down global economies for some time to come. While there has been plenty of toxic debt that companies and individuals have kicked around since the financial crisis ...

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100,000 New Rooms Coming to U.S. Hotel Market

The lodging industry is booming! There are at least 865 hotels, with more than 103,230 rooms, scheduled to open in the United States in 2016, according to STR. With record breaking demand and revenue, building activity has increased dramatically—there are ...

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Hilton Hotels & Resorts Developing Property in Rio de Janeiro

MCLEAN, Va.—Hilton Worldwide has announced that it has signed a management agreement with Carvalho Hosken Hotelaria Ltda. for the 298-room new-build Hilton Barra, Rio de Janeiro in Brazil—Hilton Worldwide’s first hotel in Rio de Janeiro. The project, currently under construction, ...

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