“Going Beyond” Generic Luxury: WorldHotels Annual Conference Highlights Brand Differentiators and Recent Growth
Category: Conferences and Events, Featured
BWH Hotels’ 2024 WorldHotels Annual Conference took place from Jan. 18-21 at a WorldHotels Elite property that exemplifies the soft brand’s slogan, “inspiring travel through unique experiences.” Designed in 1955 by famed architect Morris Lapidus, the Eden Roc Miami Beach surrounds guests in an “Old Hollywood” ambiance, particularly in the Pompeii Ballroom, where stars such as Harry Belafonte, Frank Sinatra, and Sammy Davis Jr. performed long ago. Both Larry Cuculic, president & CEO, BWH Hotels,
Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches Record High Project Counts
Category: Development, Finance & Development, Market Reports
According to the 2023 year-end U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stood at 5,964 projects/693,963 rooms. The pipeline hit record project counts in Q4, with the addition of 260 projects and 21,287 rooms over the last quarter, a 9 percent increase in projects, and a 7 percent increase in rooms year-over-year (YOY). The previous project count high was Q2 2008 with 5,883 projects. At the close of 2023’s fourth quarter,
Choice Announces Series of Updates for Upscale and Upper Upscale Hotels
Category: ALIS, Conferences and Events
LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here. NORTH BETHESDA, Maryland–Choice Hotels International, Inc. is performing a series of updates to its upscale and upper upscale portfolio to provide a differentiated product for franchisors and developers. Capitalizing on growing its portfolio of upscale hotels to 400, opening 19 new hotels as part of the Ascend Hotel Collection and nine new Cambria Hotels, and driving a more
Welcome to ALIS 2024
Category: ALIS, Conferences and Events
LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here. Once again, LODGING is live at the Americas Lodging Investment Summit (ALIS). For 2024, hundreds of attendees congregated for the first day of the show, which was filled with opportunities to network with colleagues and learn about industry updates through educational and general sessions.
LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here. HENDERSONVILLE, Tennessee—STR and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 at the Americas Lodging Investment Summit (ALIS). For 2024, growth in average daily rate (ADR) was raised by 0.1 percentage points, while occupancy and revenue per available room (RevPAR) were unchanged from the previous forecast. For 2025, growth projections
