Industry News
IHG unveils new prototypes for three suites brands
IHG HOTELS & RESORTS recently introduced new prototype options for its three suites brands – Staybridge Suites, Candlewood Suites, and Atwell Suites – focusing...
France’s B&B Hotels launches U.S. expansion with Florida debut
FRENCH HOTEL CHAIN B&B Hotels launched its U.S. expansion with the opening of its first property in Orlando, Florida. The 218-room hotel, located near...
TRENDS & ISSUES
CoStar: U.S. hotel performance up in third week of March despite YOY declines
U.S. HOTEL PERFORMANCE saw an uptick in the third week of March compared to the previous week, although year-over-year figures continued to decline, according...
CoStar: U.S. hotel performance improves in February
THE U.S. HOTEL industry experienced improved performance in February compared to the previous year, according to CoStar. Despite a slight decrease in occupancy, both...
CoStar: U.S. hotel performance improves in second week of March
U.S. HOTEL PERFORMANCE rose in the second week of March compared to the previous week but declined year over year, according to CoStar. Key...
CoStar: U.S. hotels show positive year-over-year trends in first week of March
U.S. HOTEL PERFORMANCE exhibited mostly positive year-over-year trends in the first week of March, compared to the previous week, according to CoStar. Despite a...
CoStar: U.S. hotel performance varied in fourth week of February
U.S. HOTEL PERFORMANCE displayed mixed outcomes in the fourth week of February compared to the previous week, according to CoStar. While occupancy and RevPAR...
LE: U.S. led 2023 global construction pipeline with 5,964 projects
THE GLOBAL HOTEL construction pipeline achieved unprecedented project counts in the fourth quarter of 2023, led by the U.S. with 5,964 projects and 693,963...