The hospitality industry is enjoying its longest expansion and healthiest growth in decades, yet, are the owners happy?
In May, U.S. hotels reported occupancy rose 0.7% year over year to 68.2%, ADR increased 2.6% to $129.90 and RevPAR rose 3.3% to $88.59.
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InterContinental Hotels Group (IHG) today announces the development of three Hotel Indigo properties in the state of Washington - Hotel Indigo Vancouver Downtown, Hotel Indigo Everett and Hotel Indigo Spokane. All three properties are expected to open before the second quarter of 2020.