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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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Whitbread Launches New Hotel Concept in the UK

Whitbread Launches New Hotel Concept in the UK

Whitbread PLC, a UK-based hotel group, announced the launch of its new hotel concept, Hub by Premier Inn. The new concept will target major UK city centers such as London and Edinburgh, with the first property set to open on ...

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Starwood to Launch Three New Hotels in Makkah

Starwood to Launch Three New Hotels in Makkah

MAKKAH, Saudi Arabia—Starwood Hotels and Resorts Worldwide has signed an agreement with Jabal Omar Development Company to open three new hotels in the Holy City of Makkah. As part of the Jabal Omar Development project, Starwood will add 1,496 rooms ...

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