Dalian Wanda Group is selling off its Australian hotel projects to China-backed developer AWH Investment Group in a USD$913 million-deal.

Jan Freitag, SVP of lodging insights for HNN’s parent company STR, has presented some new research looking at the impact of currency fluctuations on room rates in gateway markets.

The performance of Ukraine’s hotel industry improved for the second consecutive year in 2017.

If you own a hotel and want to trim operating costs, finding ways to cut down on utilities and energy use should be top-of-mind. It was for Jacques D’Rovencourt, GM of the 1,200-room Hilton Americas-Houston, who had the hotel install a water-recycling system.

With the purchase and repositioning of the Hotel Ketchum in Ketchum, Idaho, HayMax Capital and its management arm, HayMax Hotels, have further increased their footprint in the independent hotel space.

Hotel Ritz Madrid, the 108-year-old property that was one of the original European hotels opened under famed hotelier Cesar Ritz, will close Feb. 28 for a $121 million renovation, and will reopen late next year.

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 14-20 January 2018, according to data from STR.

Host Hotels & Resorts is reportedly looking to sell the W Hotel in Midtown Manhattan, New York City, to Capstone Equities and HEI Hotels & Resorts.

The hotel industry is confident that the GOP tax cuts passed last month will spur an increase in leisure and corporate demand as well as hotel development.

At the Americas Lodging Investment Summit (ALIS), U.S. and Canadian hotel trade groups announced programs to address a hospitality labor shortage.

STR reported that Europe’s hotel industry saw a significant boost across all key performance metrics during 2017. Occupancy rose 2.4 percent to 71.9 percent, driving a 3.1-percent increase in ADR to €110.51 and a 5.6-percent increase in RevPAR to €79.46.

Ahead of The International Hotel Investment Forum in Berlin, where they are both scheduled to speak, Day and Kett looked at the future of Europe's hotels, and discussed where they expect the big development regions for 2018 to be.

Occupancy in the overall region dropped 1.1 percent to 65 percent. ADR declined 4.5 percent to $164.33 as RevPAR dropped 5.6 percent to $106.89 in response.

Growth in revenue per available room for hotels in the United States has contracted since 2015 after consistently exceeding the rate of inflation for the previous five-year period, according to a recent analysis from Moody’s Investors Service.

Carlson Rezidor Hotel Group is expanding its portfolio in Costa Rica with the country's first Radisson Blu branded hotel.

Recent hotel design has been transfixed on the idea of diminishing the size of guestrooms while expanding public spaces, most notably lobbies and F&B-sprinkled workspaces, according to sources.

The news about Wyndham Worldwide’s planned $1.95-billion acquisition of La Quinta Holdings’ hotel franchise and management businesses is only days old, leaving many questions up in the air.

Dubai Holding subsidiary Jumeirah Group launched a new brand in Zabeel House by Jumeirah.

The first phase of the Ritz-Carlton Reserve at Caroline Bay in Bermuda is scheduled to be completed this summer.

Data from STR, parent company of HNN, shows the Asia/Pacific region reported positive year-over-year hotel performance for November 2017.