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U.S. Construction Pipeline Finally Gains Some Traction

U.S. Construction Pipeline Finally Gains Some Traction

After being locked in a bottoming formation for nine quarters, the U.S. construction pipeline increased in 2013 to 3,020 projects with 382,958 rooms. This represents a year-over-year (YOY) increase of 10 percent by projects and 12 percent by rooms and ...

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Sheraton to Open 35 New Hotels in the Next 12 Months

Sheraton to Open 35 New Hotels in the Next 12 Months

SEATTLE—Starwood Hotels and Resorts Worldwide Inc. has announced from the Sheraton Hotels General Manager Summit in Seattle that its largest brand is poised for record-breaking growth over the next 12 months with 35 new hotels expected to open. Nearly half ...

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Mexico’s Hoteles City Sees Robust Pipeline Growth

Mexico’s Hoteles City Sees Robust Pipeline Growth

MEXICO CITY—Hoteles City Express, a limited-service hotel chain in Mexico, announced that in the last twelve months it opened 13 new hotels; 12 of which are strategically located in urban locations along the principal business, logistics, commercial and industrial corridors ...

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Four Seasons Outlines Portfolio Growth

Four Seasons Outlines Portfolio Growth

TORONTO—With more hotels, resorts and private residences being added to its pipeline, Four Seasons continues to expand its global footprint while introducing the brand to new travellers around the world. “The success of Four Seasons has been built on our ...

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Marriott Begins 2014 with Fastest-Growing New-Construction Pipeline

Marriott Begins 2014 with Fastest-Growing New-Construction Pipeline

BETHESDA, Md.—At the America’s Lodging Investment Summit (ALIS) in Los Angeles, Marriott International Inc. announced that it had the fastest-growing new-construction pipeline in the industry, worldwide, in 2013, based on information published by Smith Travel Research. In addition, Marriott reported ...

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