Tag: June 2023
STR, TE Update 2023 U.S. Hotel Forecast ADR and RevPAR Projections
NEW YORK—STR and Tourism Economics upgraded the 2023 U.S. hotel forecast at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance...
Rockbridge ‘Ready’ For Lifestyle Growth With New Brand
Longtime Rockbridge CEO Jim Merkel recently spoke about how the company he co-founded in 1999 has evolved over the decades. As such, he reflected...
Wyndham Opens First Registry Collection Hotel in Europe
LONDON—Wyndham Hotels & Resorts announced the opening of the Ajul Luxury Hotel & Spa Resort, its first Registry Collection Hotel in Europe. The 171-room...
Marriott Announces Midscale Extended-Stay Brand Referred to as Project MidX Studios
BETHESDA, Maryand—Marriott International, Inc. announced, in connection with the 2023 NYU International Hospitality Industry Investment Conference, its plans to expand in the affordable midscale...
Hyatt Plans Secrets Playa Blanca Costa Mujeres
CHICAGO—Hyatt Hotels Corporation announced plans for the 509-room Secrets Playa Blanca Costa Mujeres, which is expected to open later this year, further expanding the...