The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s latest September data. U.S. Hotel Pipeline, September 2024...
The volume of hotel rooms currently being built in the United States hit its highest level in 16 months, according to CoStar’s latest June 2024 data. While globally, the real estate information...
Household Spending Trends, Strength of the Economy Boosts Leisure Dema Runway for More Leisure Travel According to consumer surveys, projected leisure traveler spend in the next 12 months...
Project Mid-T by Marriott conversions will cost between $15-30K per room with a “low bundled fee” of 10.5%. Note: This story first appeared in Travel Weekly NEW YORK CITY – Marriott International...
Wyndham Hotels & Resorts is launching its 25th brand through a new partnership with extended-stay company WaterWalk. The deal adds 11 hotels and more than 1,500 rooms to the Wyndham...
One of the biggest challenges for PIPs and renovations right now comes down to aligning project costs with scope. “It’s difficult to always put your thumb on what pricing for specific products...
Marriott International is launching a new brand for the Europe, Middle East and Africa market. Four Points Express by Sheraton, designed for the midscale segment, is a response to “growing...
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