| 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...  |
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| 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... |
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| 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... |
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| 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,... |
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| 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... |
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| 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... |
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| December 2020 overview: Over 100,000 new hotel rooms set to open (Dec 1, 2020) |
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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... |
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| 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... |
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| 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... |
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| 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... |
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