Industry News

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

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

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

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

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

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

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

BOCA RATON, Fla. — Cendyn and Pegasus announced that the companies have closed their previously announced merger agreement. This merger provides hoteliers with a platform to maxi

HOUSTON, Texas, and LITTLETON, Colorado—WCI Technologies announced a partnership with DISH Wireless to market 5G services to enterprises. This collaboration expands upon a busine

Today’s entertainment landscape has evolved significantly over the past decade as advancements in technology have facilitated the rise of more connected devices, streaming servic