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Brooklyn Bridge New York City

HotStats: Urban and Full-Service Hotels Hit Hard in March

LONDON — In March, U.S. hotel gross operating profit per available room (GOPPAR) was down 110.6 percent year-over-year (YOY) to -$12.71. The triple-digit drop...
New York City hotels

U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns

LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
Las Vegas

Six U.S. Markets With the Most Hotel Rooms Under Construction

According to STR data, the U.S. hotel construction pipeline totaled 1,615 projects and 208,807 rooms at the end of January—6.8 percent more than the...

Tarrytown House Estate Unveils $15M Redesign

Tarrytown, N.Y. - Tarrytown House Estate – a historic 214 room resort-style hotel, destination restaurant, special event venue, and conference center has announced an...
Aman New York

Aman and OKO Group Announce a $750M Construction Loan for Aman New York 

New York - Aman and OKO Group announce a $750M construction loan from Cain International to finance the development of Aman New York, which...