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IHG to Open 10 Holiday Inn Express Hotels in India

BANGALORE—InterContinental Hotels Group (IHG) has signed a deal with South India real estate developer, Brigade Group. Under the agreement, 10 Holiday Inn Express hotels...

U.S. Hotel Pipeline is Stuck in Low Gear

New hotel openings in the United States continue to be in a slow but steady uptrend since 2011’s cyclical bottom of 346 projects (37,193...

Hotel Construction Ramping Up in Unexpected Places

The U.S. RevPAR recovery is well underway. With operating fundamentals now nearing or surpassing the prior peaks of 2007 and room demand at an...

Caribbean Hotels Trending Upward

ATLANTA—PKF Consulting USA (PKFC) announced that the average Caribbean hotel enjoyed a 10.9 percent increase in net operating income (NOI) in 2012, according to...

Best Western International Continues to Grow Premier Brand

PHOENIX—Best Western International introduced its Best Western Premier branded hotel to North America in 2011. With more than 150 Premier hotels worldwide in gateway...
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