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U.S. Construction Pipeline Finally Gains Some Traction

U.S. Construction Pipeline Finally Gains Some Traction

After being locked in a bottoming formation for nine quarters, the U.S. construction pipeline increased in 2013 to 3,020 projects with 382,958 rooms. This represents a year-over-year (YOY) increase of 10 percent by projects and 12 percent by rooms and ...

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Sheraton to Open 35 New Hotels in the Next 12 Months

Sheraton to Open 35 New Hotels in the Next 12 Months

SEATTLE—Starwood Hotels and Resorts Worldwide Inc. has announced from the Sheraton Hotels General Manager Summit in Seattle that its largest brand is poised for record-breaking growth over the next 12 months with 35 new hotels expected to open. Nearly half ...

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Marriott Plans to Open Five More Moxy Hotels

Marriott Plans to Open Five More Moxy Hotels

BERLIN, Germany—Following the debut of Moxy Hotels this September at the Milan Malpensa Airport in Italy, Marriott International has announced that it plans to open five additional locations in key cities throughout Europe by 2015 including Munich, Berlin, and Frankfurt ...

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Mexico’s Hoteles City Sees Robust Pipeline Growth

Mexico’s Hoteles City Sees Robust Pipeline Growth

MEXICO CITY—Hoteles City Express, a limited-service hotel chain in Mexico, announced that in the last twelve months it opened 13 new hotels; 12 of which are strategically located in urban locations along the principal business, logistics, commercial and industrial corridors ...

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