Although Chicago, Detroit and Cincinnati continue to dominate the Midwest hotel pipeline, lower costs and growing traveler interest are increasingly pushing developers toward the region's secondary ...
Hotel industry analysts expect to see several strategic changes at Choice Hotels International after Patrick Pacious stepped down as president and CEO in late May.
NEW YORK CITY — Every person traveling has a different definition for what luxury is, said Omer Acar, CEO of Raffles and Fairmont Hotels & Resorts at Accor.
A 19th-century Victorian mansion-turned-boutique-hotel changed hands in San Francisco for the second time in a year, this time to a little-known entity with an address outside Los Angeles.
The 48th annual NYU International Hospitality Investment Forum took place last week, during which over 2,000 hotel professionals spent two days discussing trends shaping investment activity, ...
NEW YORK — When Jonathan Halkyard, chief financial officer at MGM Resorts International, agreed to an on-stage interview at the NYU International Hospitality Investment Forum, an acquisition bid from ...
CORAL GABLES, Florida — As the Caribbean and Latin America region grew as a major destination, so has Costa Rica-based Caribe Hospitality grown its portfolio of branded, select-service properties ...
Music festivals are major performance drivers for host hotel markets, but as many of these events have become normalized within the annual calendar, their impact is not always as pronounced when ...
Until 2037, France’s population will continue to grow, but at a nearly imperceptible rate: an average of 56,000 people per year, or 0.08% per year, according to new projections from an INSEE study.
Justin Markley has joined Cushman & Wakefield as an executive director at the firm’s Valuation & Advisory's infrastructure and energy practice in Jacksonville, Florida. He will work alongside Nick ...
Developers planning one of the largest real estate projects ever on Chicago’s North Side are on the verge of landing more than $200 million in public funding for infrastructure to support the project ...
Every summer, New Braunfels, Texas, northeast of San Antonio attracts families and groups looking to cool off by floating down one of the nearby rivers. However, a hotelier who recently revamped a ...
Las Vegas hotels experienced one of the most dramatic pricing expansions in the U.S. lodging industry over the past two decades, with average daily rate growth overwhelmingly driving the market’s ...
U.S. hotel demand overcame a soft Memorial Day weekend as post-holiday travel drove the largest year-over-year increase in room demand of the month in the week of May 24-30.