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September 4, 2024
How architects, developers build sustainable real estate with climate change in mind
As temperatures inch up and concerns grow about climate change, it’s not just people who sweat and suffer: Buildings feel the heat as well. Some real estate planners, owners and designers are making investments now to keep their properties and the people who use them cooler.
July 26, 2024
Brands Believe Lifestyle Hotels Could Get a Foothold in Africa
WINDHOEK, Namibia — As global hotel companies look to expand throughout Africa, which hotel brands do they start with?
June 4, 2024
Marriott's Upcoming Conversion-Friendly Midscale Brand Aimed at Transient Guests
NEW YORK — Marriott International shed more light on its soon-to-launch, conversion-friendly midscale brand aimed at transient guests.
May 28, 2024
New terraces adorn the Champs-Élysées
The Mayor of Paris, Anne Hidalgo, and the President of the Comité Champs-Élysées, Marc-Antoine Jamet, have just inaugurated the new terraces that now adorn the Champs-Élysées avenue. Conceived by RF Studio, the terraces' design and aesthetics aim to harmonize the amenities of "the most beautiful avenue in the world". And "terraces are Paris", exclaims the Mayor of Paris. "It was time to return to something more harmonious, to a well-kept space", she continues. "We needed a beautiful project. Ramy Fischler's project won me over. With its elegance, sobriety and colors."
April 19, 2024
Amsterdam Toughens Laws on Hotels and Overtourism
Amsterdam, the principal tourist destination in The Netherlands, and one of the most popular spots in Europe, has toughened its ban new hotel openings.
March 18, 2024
Despite Regional Challenges, Travel Is Resilient in Latin America
LIMA, Peru — Latin America is facing the same macroeconomic challenges as the United States — namely, still-high interest rates hampering real estate transactions and persistent inflation — but travel trends remain resilient. Latin America also has its own set of economic and political challenges that have an impact on travel and tourism development in the region, said Reinier Schliesser, principal economist at CAF, the development bank of Latin America and the Caribbean. Schliesser spoke at the recent SAHIC Latin America & the Caribbean Hotel & Tourism Investment Forum.
January 30, 2024
Marina Bay Sands Injects Additional $750 Million Into Renovation as It Enters Phase Two
Singapore's Marina Bay Sands is entering the second phase of its renovation to position it as a top tourism destination for local and international visitors.
June 7, 2023
Latin American Hotel Developers Find Conversion Opportunities in Empty Offices, Churches
CORAL GABLES, Florida — Opportunities are ramping up for hotel industry growth across Latin America as hoteliers weigh the pros and cons of building new versus converting existing commercial real estate properties.
March 8, 2023
Destination Vancouver Study Says City Needs More Hotel Rooms
Projections show demand in metro Vancouver in British Columbia, Canada, will outpace hotel supply by as early as 2026, according to a new study by Destination Vancouver.
February 14, 2023
Marriott Reports Strengthening Hotel Demand from Groups
Group bookings at Marriott International hotels showed the most meaningful improvement last year and are already pacing 20% ahead so far in 2023, according to Marriott President and CEO Tony Capuano.
February 8, 2023
Accor's Roquefort Sees Global Opportunities for New Hotel Development
LOS ANGELES — While there are certainly challenges to new hotel development, Accor's Agnès Roquefort said owners have enough confidence in hotel performance to keep investing.
January 17, 2023
Montreal-Based Mondev Nears Start of Apartment Complex at Papineau and St. Catherine
Montreal-based developer Mondev will start laying bricks in May or June on a nine-storey, 222-unit apartment complex on a massive empty lot near the Papineau metro station.
April 28, 2022
Hotel Rates Surpass Pre-Pandemic Levels in Canada
Aided by eased restrictions on travel and gatherings, as well as pent-up demand, Canada’s hotel industry is reaching its highest levels in the pandemic era and exceeding 2019 levels in some metrics, Laura Baxter, director of hospitality analytics for Canada at CoStar Group, said.
September 28, 2021
Choice Positions WoodSpring Suites at Head of Extended-Stay Strategy
In less than four years since acquiring the WoodSpring Suites brand in December 2017, Choice Hotels International has quadrupled its portfolio of extended-stay hotels, and company executives said that investment has paid off.
March 5, 2021
Arrested Development: Former London Police Stations Become Hotels
(Corrected on March 26 to change the name of Dexter Moren Associates in the 10th paragraph.)