STR shows U.S. hotel industry revenue per available room and average daily rate both grew 2% to 4% year over year, despite occupancy being flat to up 2%.
Four- and five-star hotels across Europe achieved a 3.9-percent boost in value last year, according to HVS’ 2018 European Hotel Valuation Index.
Swiss-Belhotel International and Al Salaam International Hotel have signed a deal to open the Swiss-Belinn Muscat in Oman next year.
Acquiring resorts in Europe—and beyond—remains a top priority for some investors, who said during a panel discussion at this week’s International Hotel Investment Forum that all of the sector’s fundamentals are pointing in the right direction.
At least 16 higher-end New York hotels have quietly begun imposing a mandatory $25 nightly "destination fee."
Marriott International’s Moxy Hotels, which launched in Milan in 2014, is slated to expand into more than 40 new European destinations within the next three years.
Magnuson Hotels is expanding into the UK, and CEO Tom Magnuson is promising owners there not another brand, but a platform.
The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 25 February through 3 March 2018, according to data from STR.
Mexico is more than just its major metropolises like Mexico City, Guadalajara and Monterrey. It’s also more than its resort destinations in Cancun and Los Cabos.
Hoteliers are well aware the industry isn’t usually on the leading edge when it comes to the adoption of new technology.
The Hard Rock Hotel at Universal Orlando has unveiled Future Rock Star suites.
Tech-forward hoteliers are introducing more creative ways to display digital signage in their properties, with the goal of not just sharing information but also emphasizing guest engagement, sources said.
Honeywell will start selling hotel room thermostats that can be controlled by Amazon's Alexa voice-activated technology.
AccorHotels Group set plans to expand its Raffles, Mercure, Novotel and Ibis hotel brands in India.
As a country and a culture, Mexico is uniquely positioned to thrive when it comes to hospitality, according to a group of hoteliers who have recently entered the market.
Carlson Hotels and its European master franchise, the Carlson Rezidor Hotel Group, announced its new identity as Radisson Hotel Group.
Destination Hotels has taken over management of L'Auberge de Sedona and the Orchards Inn in the resort destination of Sedona, Ariz.
The Crowne Plaza London -- Albert Embankment, billed as the first luxury hotel in London's South Bank, is poised to open in May.
The United Kingdom government’s negotiations over its break from the European Union appear to be going nowhere fast.
Radisson Hotel Group, the hotel company formerly known as Carlson Rezidor Hotel Group, has launched a new premium brand and overhauled its loyalty program.
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