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Madison, Newbond close $110M Hotel Nia loan
Industry News

Madison, Newbond close $110M Hotel Nia loan

The hotel is in Menlo Gateway near Meta campus

Report: U.S. travel spending to grow through 2028
Travel

Report: U.S. travel spending to grow through 2028

It is forecast to rise 1 percent this year to $1.37 trillion

BHVL maps $106M Karnataka expansion
India News

BHVL maps $106M Karnataka expansion

‘Vision 2031’ targets addition of 1,700 keys over five years

Otherland Galle near Galle Fort on Sri Lanka’s southern coast
India News

India’s Otherland expands into Sri Lanka

Emanuel Sidhartha joins as co-founder for the Sri Lanka expansion

Extended-stay hotels march report
Hospitality Market Data & Reports

Report: Extended-stay hotels gain in March

Occupancy rose 1.6 percent, up for a second straight month

Red Roof first Canada hotel in Vancouver, British Columbia
Hotel Openings & Launches

Red Roof debuts in Canada

The property is scheduled to open in July

IHG Hotels RevPAR
Hotel Industry News

IHG Q1 RevPAR rises 4.4 percent

It opened 82 hotels during the quarter, adding 14,900 rooms