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STR: U.S. Hotel Results for Week Ending 26 December (Jan 2, 2021)
U.S. weekly hotel occupancy fell to its lowest level since early May, according to STR's latest data for the week of Christmas. 20-26 December 2020 (percentage change from comparable week in 2019): Occupancy: 32.5% (-33.0%) Average daily rate... Read More
Driftwood Capital Acquires 248-key Hilton Hotel in Dallas (Dec 22, 2020)
Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, announced today that it has acquired the Hilton Dallas Southlake Town Square, a 248-key, five-story hotel located in... Read More
Wyndham Launches Wyndham Dubai Deira (Dec 15, 2020)
Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,000 hotels across 90 countries, today announced its continued expansion in Dubai with the opening of the 290-room upscale Wyndham® Dubai Deira. Located... Read More
21 New Hilton Properties to Visit in 2021 (Dec 11, 2020)
An unprecedented year is finally nearing its end, and people across the world are hopeful that 2021 will usher in a return to normalcy - not just in our daily routines but our travel plans. COVID-19 has touched all of our lives in large and small ways,... Read More
Accor presents new hotels opening in Australia and New Zealand in 2021 (Dec 9, 2020)
From the launch of the Mövenpick brand in Australia, to the first internationally recognised five-star hotel to be built in Adelaide in 30 years – Sofitel Adelaide, and two brand new The Sebel properties, 2021 will be a strong year of new hotel... Read More
Crowne Plaza Bangkok Rama 9: IHG expands Crowne Plaza brand in Thailand (Dec 3, 2020)
InterContinental Hotels Group (IHG®) has signed a landmark franchise agreement with real estate experts, Siamese Asset to expand its world-renowned Crowne Plaza brand in Bangkok. The new Crowne Plaza Bangkok Rama 9 hotel will open in 2025in a prime... Read More
December 2020 overview: Over 100,000 new hotel rooms set to open (Dec 1, 2020)
The TOPHOTELPROJECTS construction database reveals that more than 100,000 rooms will go live in December, with APAC and North America accounting for two-thirds of the total. 483 hotels with 103,534 keys will open around the world this month, our... Read More
Downtown Dallas hotel high-rise starts next week (Dec 2, 2020)
Developers are breaking ground next week on a new downtown Dallas luxury hotel. Plano-based Sam Moon Group is building the 283-room JW Marriott hotel on Ross Avenue across the street from the Trammell Crow Center office skyscraper. The 15-story luxury... Read More
Ace Hotel Toronto Now Planned to Open in 2021 (Nov 13, 2020)
Though there is a pandemic raging on, planning for a post-COVID future means that a number of new hotel properties are under construction across Toronto, gearing up to accommodate a return to normal following the relaxation of travel restrictions. Among the... Read More
Light at the end of the tunnel: International tourism is slowly restarting (Nov 12, 2020)
Laos opened its borders for Mainland Chinese visitors, who need to show a negative test and have to stay 48 hours in quarantine and the first batches of holidaymakers arrived in Thailand, Japan announced to open for Chinese non-leisure visitors later this... Read More
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