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Aerial drone image of Miami Beach

HotStats: Global Hotel Performance Improves Monthly

According to HotStats, global hotel performance is improving month-over-month. The hotel industry's pressing concern is if that trend will continue through a difficult period....
M Social Times Square

M Social Times Square New York Debuts as First U.S. M Social Hotel

NEW YORK—Millennium Hotels and Resorts announced the opening of M Social Times Square New York, marking the brand’s first outpost in the United States....
Hotel status

Hotstats: The Hotel Industry is Recalibrating and Reassessing

Just over a year after the World Health Organization declared COVID-19 a pandemic, the global hotel industry is slowly stirring from hibernation and seeing...
U.S. hotel construction pipeline

STR: United States Led Q1 2021 Global Hotel Openings

HENDERSONVILLE, Tennessee—The United States led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM...
COVID-19 CBRE forecast

HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January

After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...