Articles tagged “hotel pipeline”

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

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

Danni Santana, Skift

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.

4 weeks ago

Nobu Now Sees Lodging as Its ‘Speedboat’

Nobu Now Sees Lodging as Its ‘Speedboat’

Danni Santana, Skift

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.

1 month ago

Hyatt Feels Pinch From Lower Group Business in Its Hometown of Chicago

Hyatt Feels Pinch From Lower Group Business in Its Hometown of Chicago

Danni Santana, Skift

Hyatt’s second-quarter performance was another step in the right direction for the brand. But were it not for a slowdown in its U.S. and Chinese markets, it would have been better.

2 months ago