OTO Development Announces the Passing of Co-Founder and CEO Corry W. Oakes III
SPARTANBURG, SOUTH CAROLINA—Corry W. Oakes III, co-founder and CEO of OTO Development, passed away unexpectedly on Sunday, August 7, leaving behind his beloved wife,...
Global Hotel Pipeline Down Slightly in 2020
PORTSMOUTH, N.H. — At the end of 2020, the global hotel construction pipeline stood at 13,943 projects/2,312,410 rooms—down 7 percent by projects and 6...
Lodging Econometrics Releases Q4 and Year-End 2022 Global Construction Pipeline Trend Report
PORTSMOUTH, New Hampshire—Lodging Econometrics (LE) has released its Q4 and year-end 2022 Global Construction Pipeline Trend Report. At the close of 2022, LE analysts...
Hotel Market Insight: Santa Monica
Santa Monica, Calif., has gone from beach town to boom town over the past two decades. From the advent of Silicon Beach to the...
A Silver Lining Among the Clouds?
The outlook for the industry has gotten a bit brighter this week now that Pfizer announced their COVID-19 vaccine has a 90 percent efficacy....
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Leaning In: TPG’s Perelmuter Oversees Host of Changes, New Initiatives
With its acquisition of Marshall Hotels & Resorts just over two years ago, TPG Hotels & Resorts entered a new era. A host of...
Hilton Partners With ResortPass for Day Pass Packages
MCLEAN, Virginia—Hilton announced a partnership with ResortPass, bringing day pass packages to participating Hilton properties across the Americas. Catering to the expanding segment of...
Accor to Open First U.S. Handwritten Collection Property in San Francisco
SAN FRANCISCO, California—San Francisco will become the first destination in the United States for one of Accor’s newest brands, Handwritten Collection. Owned and operated...
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