Latin America Hotel Pipeline Down 11 Percent at the End of 2020
PORTSMOUTH, N.H. — Latin America had 632 projects/109,597 rooms in its hotel construction pipeline at the end of 2020, down 11 percent by projects...
STR: U.S. Hotel Occupancy at 40.9 Percent in First Week of February
HENDERSONVILLE, Tennessee — In the first week of February, U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR's latest...
Canada Ends 2020 With 270 Projects in its Hotel Construction Pipeline
PORTSMOUTH, N.H. — Canada's hotel construction pipeline ended Q4 2020 with 270 projects/34,678 rooms, just 35 fewer projects than its peak of 305 projects...
Developers Advance Plans for Angels Landing Hotel Towers in Los Angeles
LOS ANGELES — Two acclaimed African American developers—Victor MacFarlane of MacFarlane Partners and R. Donahue Peebles of The Peebles Corporation—are doubling-down on their multi-million-dollar...
Roxborough Group, AWH Partners, and West Point Partners Acquire Hilton Garden Inn Portland/Lake Oswego
NEW YORK — The Roxborough Group, LLC, AWH Partners, LLC, and West Point Partners have acquired the Hilton Garden Inn Portland/Lake Oswego. This marks...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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