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Hotel Construction Ramping Up in Unexpected Places

Hotel Construction Ramping Up in Unexpected Places

The U.S. RevPAR recovery is well underway. With operating fundamentals now nearing or surpassing the prior peaks of 2007 and room demand at an all time high, industry participants feel positive. But, as always in the lodging industry, positive news ...

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Caribbean Hotels Trending Upward

Caribbean Hotels Trending Upward

ATLANTA—PKF Consulting USA (PKFC) announced that the average Caribbean hotel enjoyed a 10.9 percent increase in net operating income (NOI) in 2012, according to its newly released 2013 edition of Caribbean Trends in the Hotel Industry. This is the second ...

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Best Western International Continues to Grow Premier Brand

Best Western International Continues to Grow Premier Brand

PHOENIX—Best Western International introduced its Best Western Premier branded hotel to North America in 2011. With more than 150 Premier hotels worldwide in gateway cities like Barcelona, Beijing, Brussels, Istanbul, London, Melbourne, Nairobi, Paris, Seoul, Stockholm, and Zurich, Best Western ...

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U.S. Hotel Pipeline Shows Modest Recovery

U.S. Hotel Pipeline Shows Modest Recovery

First quarter results show that the total U.S. pipeline has begun a modest recovery off the cyclical bottom established just a year ago in the first quarter of 2012. The improvement is a result of increases in both new project ...

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