HFTP and HSMAI Renew Strategic Alliance
Hospitality Financial and Technology Professionals (HFTP) and the Hospitality Sales and Marketing Association International (HSMAI) have renewed their commitment to collaborate on
Aimbridge Enters 2022 With Nearly 50 Hotels Slated to Open
PLANO, TEXAS — Aimbridge Hospitality announced that the global hospitality company is entering 2022 with a premium portfolio and robust pipeline across all of its eight verticals
Cambria Hotels Breaks Ground on Six Properties in Major U.S. Markets
ROCKVILLE, Md. — Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc., continues to accelerate the brand’s expansion around the country by debut
Hilton Marks 2021 Development Milestones
MCLEAN, Va. — Hilton recently reported a record year of development, opening 414 properties and adding more than 67,100 rooms to its system in 2021. “After a year of recovery a
Uneven Recovery: STR and Tourism Economics Slightly Upgrade U.S. Hotel Forecast
LOS ANGELES — Underpinned by continued strengthening in average daily rate (ADR), STR and Tourism Economics have slightly upgraded the U.S. hotel forecast, just released at the A
AHLA Foundation Raises More Than $822,000 at 2022 Gala
LOS ANGELES — The American Hotel & Lodging Foundation (AHLA Foundation) raised more than $822,000 at its annual gala to fund programs aimed at growing a diverse industry wor
Marriott Shares Development Update and Trends at ALIS
On the eve of the Americas Lodging Investment Summit (ALIS) in Los Angeles, Marriott International announced a strong year of rooms growth and signings in 2021. The company also pr
Hyatt to Expand to 11 New Markets in the Americas
CHICAGO — Hyatt Hotels Corporation announced plans to accelerate its brand growth in the Americas region with a strong pipeline of expected hotel openings through 2023. Fueled by
AHLA’s 2022 State of the Industry Report Forecasts Uneven and Volatile Recovery
WASHINGTON, D.C. — The hotel industry will continue moving toward recovery in 2022, but the path will be uneven and potentially volatile, and full recovery is still several years
U.S. Hotel Construction Pipeline Declines Year Over Year in 2021
PORTSMOUTH, N.H. — At the close of Q4 2021, the total U.S. hotel construction pipeline stood at 4,814 projects totaling 581,953 rooms, down 8 percent by projects and 10 percent b