Marriott International Opens Renaissance Shanghai Caohejing

SHANGHAI, China—Marriott International announced the opening of the 383-room Renaissance Shanghai Caohejing Hotel in Shanghai. The hotel is managed in partnership with Shanghai Caohejing...

The Ritz-Carlton Hotel Company Opens Its First Hotel in Austria

VIENNA and CHEVY CHASE, Md.—The Ritz-Carlton Hotel Company, L.L.C. has opened its first hotel in Austria in the capital city of Vienna. The Ritz-Carlton,...

Grand Hyatt Kuala Lumpur Opens in Malaysia

CHICAGO—Hyatt Hotels Corporation announced the opening of Grand Hyatt Kuala Lumpur, the first Grand Hyatt hotel in Malaysia. “We are thrilled to be able to...

July Showed Increase in Corporate and Leisure Hotel Rates

DALLAS— Hotel rates paid in July for business and leisure travel increased over last year both globally and in North America, according to data...

Pebblebrook Hotel Trust Acquires W Los Angeles – Westwood

BETHESDA, Md.—Pebblebrook Hotel Trust (the “Company”) announced that it has acquired the W Los Angeles - Westwood hotel for $125 million. The 258-room, all-suite,...

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AAHOACON 2020

‘Do the Best You Can’ — Legendary Hotelier Harris Rosen Gives Timely Advice

Offering leadership advice at the 2020 AAHOA Virtual Convention and Trade Show taking place this week from Aug. 11-13 was industry legend Harris Rosen,...
Panoramic aerial view of Miraflores in Lima, Peru. Lima had the largest pipeline among cities in Latin America at the end of Q2 2020 with 31 projects totaling 4,551 rooms.

Latin America’s Hotel Construction Pipeline Declines 4 Percent in Q2 2020

PORTSMOUTH, N.H. — According to Lodging Econometrics' (LE) Q2 2020 Latin America Hotel Construction Pipeline Trend Report, the total hotel construction pipeline in Latin...
Housing, condo, rental - AirDNA

STR, AirDNA Analysis: Hotels Gain in Occupancy, Short-Term Rentals Near RevPAR Recovery

HENDERSONVILLE, Tenn. — The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals...