Articles tagged “hotel pipeline”

Marriott has proudly opened its 9,000th property. Hilton has debuted its 8,000th. We put these milestones into perspective by creating a five-year growth scorecard for all the major hotel groups.

Hite sees STR's must-read reports on hotel performance as a foundation for creating the Bloomberg Terminal of travel lodging.

A forthcoming report from JLL Hotels & Hospitality reveals that the state's top 10 lodging markets have consistently outperformed national averages for revenue growth.

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.

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.

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.

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.

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.

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.

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.