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Development

Choice Hotels Reports Q4 and Full-Year 2024 Results

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its fourth quarter and full-year 2024 results. Net income increased 16 percent to $299.7 million for full-year 2024,...

Sonesta Essential Blue Springs Opens in Overland Park, Missouri

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Blue Springs, an 83-room, upper-midscale hotel in Overland Park, Missouri. The hotel is...
Sandpiper Hospitality's two new extended-stay properties

Sandpiper Hospitality Opens Two Extended-Stay Properties

RICHMOND, Virginia—Sandpiper Hospitality expanded its reach with the opening of two new hotels: an ECHO Suites Extended Stay by Wyndham in Richmond, Virginia, and...

IHG Reports Q4 and Full-Year 2024 Results

InterContinental Hotels Group, PLC reported Q4 and full-year 2024 results. Highlights include: Trading and revenue Global RevPAR up 3 percent (Q4 up 4.6 percent), Americas up...
hotel construction

Lodging Econometrics: Global Hotel Construction Pipeline Reaches All-Time High Project Count

The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) showed that the global hotel construction pipeline continued its upward trajectory,...