Tag: Finance + Development
STR, Tourism Economics Further Revise U.S. Hotel Forecast Projections
NASHVILLE—STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just...
MGM Resorts International Reports Q2 2022 Operating Results
LAS VEGAS—MGM Resorts International reported financial results for the quarter ended June 30, 2022. Highlights include:
Record Las Vegas Strip adjusted property EBITDAR and...
Extended Stay Premier Suites Augusta Opens
CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay Premier Suites Augusta located in Augusta, Georgia. The property was developed by...
Choice Hotels Reports Q2 2022 Results
ROCKVILLE, Maryland—Choice Hotels International, Inc., reported its results for the three months ended June 30, 2022.
"Once again, Choice Hotels drove impressive quarterly results that...
Lodging Econometrics: Marriott Leads the U.S. Hotel Construction Pipeline
In the recently released Q2 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise company leading the United States hotel...
