Hotel News Resource
July, 19 2017
Strength in Global Economy Means Higher Travel Pricing in 2018
Strength in Global Economy Means Higher Travel Pricing in 2018
Air, Hotel and Ground Transportation All See Upticks on Back of Rising Inflation, Higher Oil Prices and Emerging Markets Read More
Construction Pipeline Central/South America
Central/South America Hotel Development Pipeline Under Contract Down 11.2 Percent YOY for June 2017
The Central/South America region reported 28,103 rooms in 175 hotel projects in construction in June, according to STR. The rooms total is a 2% decrease when compared to the same month in 2016. Read more
Construction Pipeline Caribbean/Mexico
Caribbean/Mexico Hotel Development Pipeline Under Contract Up 43.8 Percent YOY for June 2017
STR's June pipeline report shows the Caribbean/Mexico region reported 13,829 rooms in 86 hotel projects in construction for the month, which is a 15.4% year-over-year increase in the number of rooms. Read more
The U.S. Business Travel Economic Impact Report
U.S. Business Travel Spending Reached $424 Billion in 2016
U.S. Business Travel Spending Reached $424 Billion in 2016
Business Travel Responsible for $547 Billion in U.S. GDP in 2016, Creates Over 7.4 Million Jobs Read more
Travel Experience Incubator
Accenture Interactive, Marriott International and 1776 Launch the Travel Experience Incubator
Startups are invited to immediately apply to The Travel Experience Incubator Challenge. Selected startups will be invited to participate in The Travel Experience Incubator, a three-month, travel industry focused program with opportunities for paid piloting and investment at the program's conclusion. The incubator will kick off in September 2017 at 1776's Crystal City Campus in Arlington, Virginia. Read more
Hotel Development Arizona
Phoenix Days Inn Hotel Sold for $3.43 Million
Siegel Suites Further Expands Arizona Presence Read more
Hotel Development Bahrain
Dusitd2 Hotel Seef Manama to Open In Bahrain 2018
Thailand-based Dusit International has signed a hotel management agreement with Al Manzil Hospitality Group to operate the dusitD2 Seef Bahrain, a contemporary leisure and business hotel, scheduled to open in Manama, the country's capital, next year. Read more
Hotel Development Indiana
WoodSpring Hotels Continues Indianapolis-Area Expansion
WoodSpring Hotelshas entered into an agreement with Loftus Robinson Hotels to develop a hotel in the Indianapolis market. The hotel is planned to break ground in August 2017 with a planned 2Q18 opening. Read more
Hotel Development South Korea
Le Meridien Seoul Hotel to Open This September
Le Meridien Hotels & Resorts, part of Marriott International (NASDAQ: MAR) last week announced the signing of Le Meridien Seoul, set to be the first Le Meridien property in Korea. Read more

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In Brief...

Management Appointment Choice Hotels
Maria Uy Named Vice President, Treasurer for Choice Hotels

Management Appointment Four Seasons Hotels
Ben Shank Named General Manager for Four Seasons Hotel Philadelphia at Comcast Center

HSMAI Washington Chapter
HSMAI Washington DC Announces State of the Industry Program

Hotel Opening Bali
Hotel Indigo Bali Seminyak Beach Opens

Hotel Cancellation Fees
New Hotel Policies Mean a Late Cancellation Will Cost You - New York Times

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