Marriott Signs Deal With Flag Luxury Group To Open $500 Million Ritz-Carlton in NYC
Marriott International this week signed an agreement with luxury hospitality development firm Flag Luxury Group to bring The Ritz-Carlton brand to New York City’s...
Hotel Supply Growth in the Top 25 U.S. Markets Is Expected To Accelerate
PORTSMOUTH, N.H.—Analysts at Lodging Econometrics (LE) reported this week that in 2018, new hotel supply growth reached 2 percent for the first time in...
Hyatt Opened Record 90 Hotels in 2019 and Expanded Pipeline to 500
CHICAGO — Hyatt Hotels Corporation this week reported its Q4 2019 financial results. The company opened a record-setting 90 hotels in 2019, with net...
Europe’s Hotel Construction Pipeline Increases at the Close of Q2
PORTSMOUTH, N.H.—According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of Q2 2020,...
Hospitality Ventures Management Group Added 16 Hotels to its Portfolio in 2021
ATLANTA—Hospitality Ventures Management Group (HVMG) announced that it added 16 hotels to its nationwide portfolio, bringing it to a total of 56 hotels with...
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Knowland and Amadeus Share Q1 2024 Performance Index Data
ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the...
Red Roof Names Zack Garib as President; Fouad Malouf to Newly Created Position of...
Red Roof has named hotel industry veteran Zack Gharib as president, effective immediately. Gharib brings more than two decades of senior management experience in...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
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