New York City Leads U.S. Hotel Construction Pipeline
PORTSMOUTH, N.H. — Lodging Econometrics (LE) released its latest U.S. Construction Pipeline Trend Report, which found that at the close of Q4 2020, New...
Janko Group to Open Lockport, Illinois’ First Hotel
Lockport, Illinois — Janko Group plans to open Lockport's first-ever hotel, the Holiday Inn Express & Suites Lockport, this March. Located off of I-355...
U.S. Ends 2020 With 5,216 Hotels in the Pipeline
PORTSMOUTH, N.H. — According to Lodging Econometrics’ (LE’s) Construction Pipeline Trend Report for the United States, the total U.S. hotel construction pipeline stood at...
STR: U.S. Hotel Profits Down 84.6 Percent in 2020
BROOMFIELD, Colorado — Including a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR's latest monthly P&L...
STR: U.S. Weekly Hotel Occupancy Flattens
HENDERSONVILLE, Tennessee—In the third full week of January, U.S. weekly hotel occupancy remained flat from the previous week, according to STR's latest data for...
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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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