Lodging Econometrics: U.S. Hotel Construction Pipeline Experienced Positive Growth in Q4 2022
In the most recent Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the...
STR: U.S. Hotel Construction Pipeline Up for the First Time Since Late 2020
HENDERSONVILLE, Tennessee—After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR.
At a market level,...
Hilton Shares Luxury Brand Growth During and Following 2022
MCLEAN, Virginia—Hilton’s luxury brands will continue growth across their global portfolios with ten openings and the rollout of new signings slated across Waldorf Astoria...
Marriott Plans to Introduce Over 35 Luxury Hotels in 2023
Marriott International, Inc., announced plans to introduce more than 35 luxury hotels in 2023. With brands including The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W...
WorldHotels Collection Expands Offerings With 13 New Properties
PHOENIX, Arizona—WorldHotels Collection announced the expansion of its hotel offerings in North America, South America, and Europe with 13 new properties. The recent additions...
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Fontainebleau Las Vegas: How One of the Country’s Largest Construction Projects Is Shaping Up
Brett Mufson, president of Fontainebleau Development, a real estate development group specializing in large-scale lifestyle developments, recently added to his title “president and CEO...
The Mogharebi Group Arranges Sale of the Inn at Avila
COSTA MESA, California—The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast...
Twenty Four Seven Hotels Assumes Operations of SpringHill Suites in Lancaster, California
LANCASTER, California—Twenty Four Seven Hotels announced that it assumed operations of the 94-suite SpringHill Suites in Lancaster, California, on behalf of ownership, Ramji, LLC.
“The...
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