Tag: Finance + Development
Sonesta ES Suites Plans Brand’s First Ground-Up Hotel
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced plans for the construction of a new Sonesta ES Suites in Port Charlotte, Florida. This new property, expected...
Four Financial Changes That Impact the Hospitality Industry’s ‘New Normal’
In 2019, the United States enjoyed the unprecedented 11th year of economic growth since the “Great Recession.” Economists predicted an economic downturn; the only...
Fast-Growing Upscale Brand Arrives in the Motor City
Cambria Hotel Detroit Downtown | Detroit, Michigan
The third Cambria property open in Michigan and the 67th nationally, Choice Hotels International’s new Cambria Hotel Detroit Downtown is one...
ALIS Forward Development Panel Points To Longer Stays, Wellness As Key Guest Trends
LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here.
Remote work, longer stays, wellness and the demand...
CoStar: U.S. Hotel Performance Decreases, Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 20, 2024.
U.S. Hotel...