Tag: Finance + Development
CoStar: Americas Region Shows Increase in Overall Hotel Pipeline Activity
WASHINGTON —With substantial volume in the planning phases, the Americas was the only world region to show an increase in overall hotel pipeline activity,...
Hilton Has Strongest Development Quarter in Company History
LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here.
MCLEAN, Virginia—Hilton ended 2023 with the strongest development...
CoStar: U.S. Hotel Performance Increases, Comparisons Stay Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 13, 2024.
U.S. Hotel Performance
January...
Marriott Breaks Ground on Inaugural StudioRes Hotel
BETHESDA, Maryland—Marriott International, Inc. celebrated the groundbreaking of its inaugural StudioRes hotel, as Concord Hospitality began construction of its first property in Fort Myers,...
CoStar: U.S. Hotel Performance Reached Highest ADR and RevPAR on Record in 2023
WASHINGTON—The U.S. hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from...