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...
The US Federal Reserve building is seen past caution tape in Washington, DC, on September 19, 2022. (STEFANI REYNOLDS/AFP via Getty Images) Holiday cheer never really infiltrated the US....
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...
Hotel operators can combat rising rates with audits, accountability, and awareness of post-pandemic challenges Just as ensuring hotel safety requires leaving no asset or process unexamined, the...
Delivering an unrivalled commitment to quality and choice, new brand will be franchise-ready in early September ATLANTA (Aug. 16, 2023) – IHG Hotels & Resorts (IHG), one of the world’s...
Hilton Unveils New Brand, Spark by Hilton, a Value‑Driven Offering That Proudly Delivers Reliable Essentials and Friendly Service MCLEAN, Va. – Hilton (NYSE: HLT) today announced the launch of...
The hotel industry is closer to the finish line than the starting line of the pandemic, and while leisure demand is still driving the recovery, hoteliers are seeing signs of life in group...
Whether you are looking to buy a hotel or sell a hotel, Timm & Associates looks forward to the opportunity to work with you. We are dedicated to helping your company reach its goals and objectives. At Timm & Associates, we approach each hotel transaction with the highest level of integrity and with the highest regard for the parties involved.
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