Tag: development
One Year After Choice’s Acquisition, WoodSpring Surpasses 250 Hotels
ROCKVILLE, Md.—The WoodSpring Suites brand recently surpassed another milestone with the opening of its 250th hotel in the greater Portland, Ore., area. This milestone...
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...
Six U.S. Markets With the Most Hotel Construction
Lodging Econometrics (LE) analysts this week reported the top six U.S. markets with the largest hotel construction pipelines, as of the fourth quarter of...
Are There Still Opportunities for Hoteliers in Opportunity Zones?
With the Tax Cuts and Jobs Act of 2017 came a new potential avenue for hotel developers and investors to find tax relief: Opportunity...
Canopy by Hilton Coming To Charlotte in 2020
Charlotte, N.C. and MCLEAN, Va.—Hilton and Tara Investments recently announced the groundbreaking for Canopy by Hilton Charlotte SouthPark. Scheduled to open in spring 2020,...