Lodging Econometrics’ (LE’s) Q2 2024 Global Construction Pipeline Trend Report states that the total pipeline ascended to a record-high 15,453 projects with 2,395,726 rooms, up 6% by projects year-over-year (YOY) and 4% by rooms. Worldwide,
The federal government per-diem rate is made up of a lodging allowance, a meals allowance, and an incidental expense allowance. The per-diem lodging rates, which set the maximum amount a federal traveler can reimburse, are
While smoking still permitted on the gaming floor of almost every Las Vegas casino, finding rooms that allow smoking are getting harder to come by. Source
From the latest World Panel as part of the Thematic campaign with Revinate where I posed the question about what will be the most valuable metric for quantifying a hotel’s growth beyond RevPAR, there were
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced it has been selected to manage two properties in Augusta, Georgia. The Residence Inn by Marriott Augusta and the SpringHill Suites by Marriott Augusta are both owned by
In the highly competitive hospitality industry, hotel amenities play a crucial role in shaping the guest experience. They are not just mere add-ons but integral components that can elevate a guest’s stay from satisfactory to
Wyndham Hotels & Resorts has opened its second U.S. ECHO Suites property in Texas. The ECHO Suites Extended Stay by Wyndham Dallas Plano/Frisco is one of 25 ECHO Suites Gulf Coast Hotel Management plans to
Hyatt Hotels Corporation H disclosed plans to acquire Standard International for a base purchase price of $150 million, with up to an additional $185 million as more properties join the portfolio. The acquisition includes over
The flagship Maxx Wellbeing Center at the new Maxx Royal Resort Bodrum takes the hotel wellness concept to another level, offering a 360 degree approach to health and vitality. The state-of-the-art 5,750 sqm sanctuary of
