Articles tagged “hotel pipeline”

News Blog

Extended-Stay Tops Other Hotel Types for U.S. Pipeline Growth in Second Quarter

U.S. hotel developers have more projects for extended-stay properties than any other type of hotel, whether measured by number of projects or room count, according to new data. In the second quarter, developers expanded their pipeline of extended-stay projects by 18% year-over-year to 2,083, said Lodging Econometrics, which collects and studies hotel development. The extended-stay…

Sean O'Neill | 8 months ago

Hotels

Wyndham Vs. Choice: Charting the Midscale Hotel Rivalry – New Skift Research

Wyndham and Choice are known for their franchise-based portfolios in the U.S. midscale and economy sectors. As other major brands explore expansion into this area, we offer an analysis of the current frontrunners with 20 key charts.

Pranavi Agarwal | 8 months ago

Wyndham Vs. Choice: Charting the Midscale Hotel Rivalry – New Skift Research

Hotels

Marriott Vs. Hilton: A Battle of Net Unit Growth

Marriott's scale and skew to slower growing segments has meant it has lagged behind its closest competitor Hilton on net unit growth for many years. Whilst its exposure to luxury historically disadvantaged growth, renewed interest in the development of luxury hotels post Covid will likely aid Marriott in bridging the unit growth gap with Hilton.

Pranavi Agarwal | 9 months ago

Marriott Vs. Hilton: A Battle of Net Unit Growth

Hotels

China to Power Global Hotel Development in 2023

China is set to be the biggest engine driving hotel development in 2023. Macau now has more five-star hotels than London. And more hotel news from worldwide.

Sean O'Neill | 1 year ago

China to Power Global Hotel Development in 2023

Hotels

Hilton Sees Signs of Pandemic’s Pent-Up Demand Moderating in 2023

The stunning year-over-year pace of growth that defined travel in 2022 is starting to slacken as consumers and business travelers succeed in catching up on trips lost in the pandemic and spending down their savings. That said, Hilton's fourth quarter revenue and profits were stellar.

Sean O'Neill | 1 year ago

Hilton Sees Signs of Pandemic’s Pent-Up Demand Moderating in 2023

Hotels

Hotels Stick to Upbeat Forecasts Even With Concerns Over Cooling Demand

They say smart people can hold two opposing ideas in their minds and still function. So hotel executives must be geniuses, as they watch bookings stay strong while economic worries rise.

Sean O'Neill | 2 years ago

Hotels Stick to Upbeat Forecasts Even With Concerns Over Cooling Demand

Hotels

Wyndham Hotels Emphasizes Boosting Rates Instead of Occupancy

Hoteliers used to obsess about putting "heads in beds." But Wyndham instead focuses on charging the highest hotel prices possible, or what we call a focus on "rates and dates." So far, in 2022, Wyndham's approach has paid off.

Sean O'Neill | 2 years ago

Wyndham Hotels Emphasizes Boosting Rates Instead of Occupancy

Hotels

Dominican Tourism Is Down But Not Out Following Sensational Visitor Death Headlines

What's done is done as it relates to the tourism dollars lost in the Dominican Republic this summer. The country is fighting perception at this point, but instead of blaming the media, it should look at local travel industry partners as a means to help regain consumer confidence.

Danni Santana, Skift | 5 years ago

Dominican Tourism Is Down But Not Out Following Sensational Visitor Death Headlines

Hotels

Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping?

With so many hotel rooms in the pipeline, a turnaround of slower revenue-per-room growth in New York City is not expected until after 2020. It's a classic supply-and-demand problem, making it a delicate balance to get pricing power back in a city where tourism remains hot.

Danni Santana, Skift | 5 years ago

Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping?

Hotels

Nobu Now Sees Lodging as Its ‘Speedboat’

With 18 hotels signed, opened, or under construction, Nobu Hotels is growing its hotel portfolio rapidly. But the chain is focused only on major global markets.

Danni Santana, Skift | 5 years ago

Nobu Now Sees Lodging as Its ‘Speedboat’