Tag: development
Best Western Hotels and Resorts Opens Two Hotels
Best Western Hotels and Resorts opened two hotels: the Best Western Seaworld Inn & Suites and the Best Western Plus Heritage Rail Inn &...
Extended Stay America Announces Groundbreaking of New Select Suites Prototype
CHARLOTTE, North Carolina—Extended Stay America announced the groundbreaking of the first new construction Extended Stay America Select Suites prototype in Wildwood, Florida. The franchised...
Moxy Halifax Downtown Opens, Brand’s First Canadian Hotel
Moxy Hotels announced the opening of Moxy Halifax Downtown, marking the brand’s debut in Canada. Located in Halifax, a coastal city in Atlantic Canada,...
Post-Boom Period: Slowing U.S. Hotel Industry Performance Growth Hitting Development and Transactions
The U.S. hotel sector posted healthy performance growth during the first quarter of 2023 despite ongoing economic concerns presenting more hurdles for the leisure...
Parking Profits: As Occupancy Stalls, Hoteliers Increase Revenue From Drive-In Guests
Based on our February 2023 Hotel Horizons report, CBRE reports that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in...