Tag: Finance + Development
IHG Opens First Garner Hotel in Auburn, Washington
ATLANTA—IHG Hotels & Resorts celebrated opening its first Garner hotel less than three months after the midscale conversion brand’s launch. Located in the Seattle...
Supporting Revenue Health: Hotel Spas Were Valuable Contributors During the Recession
As of year-end 2022, the average hotel in CBRE’s Trends in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by...
Sunseeker Resort Charlotte Harbor Opens
PORT CHARLOTTE, Florida—The Sunseeker Resort Charlotte Harbor opened and welcomed its first guests. The independently flagged property has 785 guestrooms including 189 Sunsuites and...
Holiday Inn Express Surpasses 500 Hotels in Greater China
SHANGHAI, China—IHG Hotels & Resorts recently announced Holiday Inn Express has surpassed 500 hotels in operation and pipeline in Greater China, marking a milestone...
CoStar: U.S. Hotel Performance Continues Increasing Week Over Week
WASHINGTON—U.S. hotel performance increased from the previous week, according to CoStar’s latest data through Dec. 9, 2023.
U.S. Hotel Performance
December 3-9, 2023
Percentage change from comparable...