STR: Four World Regions Show Year-Over-Year Decline in Construction Activity
LONDON—Each of the four world regions showed a year-over-year decline in hotel construction activity. Asia Pacific is closest to its 2022 comparable, according to...
Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas,...
BWH Hotel Group Fortifies Commitment to Portfolio-Wide Environmental and Social Responsibility
PHOENIX, Arizona—BWH Hotel Group is doubling down on its commitment to environmental and social responsibility across its global portfolio. Alongside its engagement with the...
50+ Hotel Management Companies to Know in 2023
The U.S. hotel industry has made many strides since the beginning of the COVID-19 pandemic, and 2023 has been off to a strong start....
STR: Upper-Upscale Hotels Well Represented in Development Pipeline
HENDERSONVILLE, Tennessee—Upper-upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in...