U.S. hotel performance extended its growth streak for a sixth consecutive week during the week of May 10-16, with revenue per available room (RevPAR) increasing 5.4% year over year.
When planning the hotels of the future — new builds and renovation projects alike — developers have the daunting task of predicting what guests four or so years down the road will want in a hotel. In ...
CORAL GABLES, Florida — Experience is a game-changer when it comes to making deals, and Hyatt Hotels Corp. is banking on that as it looks to further grow its all-inclusive resorts portfolio.
Hotels listing on Airbnb is not a new thing. In fact, I wrote about how some hoteliers were doing everything they could to make the most of the platform despite integration issues almost a decade ago.
Convene Hospitality Group, the global hospitality platform focused on corporate conferences, meetings and events, is due to open in London’s West End at One Rathbone Square.
Typically, branded hotels undergo renovations every seven years to stay current, meet guest expectations, satisfy brand standards and ultimately remain competitive in the marketplace. Although ...
Western Hospitality Group acquired The Metric, a 28-key midscale boutique hotel at 285 Lucas Ave. in Los Angeles, for $9.25 million, or about $330,360 per key — the highest per-room price recorded ...
Kohlberg Kravis Roberts & Co. and joint-venture partner The Baupost Group have sold three Delta by Marriott hotels in the United Kingdom for an undisclosed price to Select Group, which is based in ...
Penn Station, the busiest U.S. train station that’s often described as an eyesore, is set for a major makeover, with the Trump administration announcing that it has selected a team to lead the work.
When Stephen Colbert signs off from his talk show on Thursday, the spotlight falls on the Ed Sullivan Theater. The venue, almost a century old with a cathedral‑like interior that helped define ...
North Africa’s swiftly growing hotel market is entering a more uncertain phase as the war in the Middle East weighs on near-term travel demand and booking confidence.