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Aloft Reaches 75th Hotel Milestone

Aloft Reaches 75th Hotel Milestone

From the Lodging Conference 2013, Starwood Hotels and Resorts Worldwide announced that its Aloft brand has reached the 75th hotel milestone with the opening of Aloft Panama, the brand’s fourth hotel in Latin America. Aloft is operating in 14 countries ...

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The Kessler Collection Announces Brand Expansion

The Kessler Collection Announces Brand Expansion

ORLANDO, Fla.—The Kessler Collection, a portfolio of ten boutique hotels and restaurants, announced its continued expansion with upcoming developments throughout the United States. The brand will add four new hotels in Charleston, S.C., Birmingham, Ala., Savannah, Ga. and Healdsburg, Calif. ...

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U.S. Hotel Pipeline is Stuck in Low Gear

U.S. Hotel Pipeline is Stuck in Low Gear

New hotel openings in the United States continue to be in a slow but steady uptrend since 2011’s cyclical bottom of 346 projects (37,193 rooms). Lodging Econometrics’ forecast for new openings in 2015, at 739 projects (82,587 rooms), represents a ...

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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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