Development: Page 3
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4 conversion-focused hotel brands expanding in 2024
As hotel conversions remain a desirable alternative to new construction, Marriott, IHG, Choice and Hilton are plotting growth for brands in the space.
By Jenna Walters • Aug. 1, 2024 -
Luxury, group travel in Las Vegas drove Q2 gains for MGM
The resort operator said room rates on the books in Sin City are higher for the third quarter as well, but Formula 1 in Q4 is “off to a soft start.”
By Jenna Walters • Aug. 1, 2024 -
Choice Hotels continues upscale push with 4 Cambria openings
Properties in New York, Delaware, New Hampshire and Colorado aim to further solidify the hotel company’s standing among upscale competitors.
By Michele Laufik • July 31, 2024 -
Midscale extended stay brand YourSpace enters competitive segment
The new brand broke ground on its inaugural hotel in Chesapeake, Virginia, joining larger players like Marriott and Hyatt in the fast-growing space.
By Jenna Walters • July 30, 2024 -
Shinola hotel part of $300M redevelopment coming to Indianapolis
Alongside Boxcar Development, the Detroit-based luxury watch brand is planning a 170-key hotel in the city’s downtown.
By Jenna Walters • July 26, 2024 -
Wyndham’s pipeline hits record high in Q2, ‘lots of deals’ on horizon
CEO Geoff Ballotti said hotel owners are “more receptive” to deals, including for the company’s Echo Suites extended stay brand, after Choice ended its acquisition pursuit.
By Jenna Walters • July 25, 2024 -
Marriott aims to build loyalty with branded residential growth
The hotel company launched an owner recognition program as its branded residential portfolio and pipeline see significant expansion.
By Jenna Walters • July 23, 2024 -
US hotel construction activity hits 2024 peak: STR
In June, the volume of U.S. hotel rooms under construction was the highest it’s been since February 2023, according to data from CoStar.
By Noelle Mateer • July 19, 2024 -
Deep Dive // Hot Markets
Market Spotlight: Phoenix
Sports tourism and a flourishing manufacturing sector are driving hotel performance gains as well as investor and developer activity in the metro area.
By Jenna Walters • July 16, 2024 -
Bally’s changes hotel plans at 30-acre Chicago casino project
The 500-key tower will move to the southern end of the development and be completed in a single phase.
By Jenna Walters • July 15, 2024 -
$2.5B tower completed in Times Square
The 47-story building houses the first-ever Tempo by Hilton hotel, which opened last summer, as the NYC neighborhood sees strong hotel demand.
By Matthew Thibault • July 12, 2024 -
Marriott opens dual-brand hotel in Colorado
With the combination SpringHill Suites and TownePlace Suites, Marriott joins a growing list of hotel companies betting on the dual-brand concept.
By Noelle Mateer • July 12, 2024 -
JW Marriott brand expands amid company’s luxury push
With JW Marriott hotels underway in Reston, Virginia, and downtown Detroit, Marriott continues to make the luxury segment a “top priority.”
By Jenna Walters • July 12, 2024 -
Wyndham opens first Echo Suites, plots extended stay growth
The Spartanburg, South Carolina, hotel will be followed by other brand openings this year, as Wyndham looks to capitalize on increased demand generated by infrastructure projects.
By Jenna Walters • July 11, 2024 -
Extended stay brand LivAway Suites expands in Maine, Utah
The growing flag will open in areas with notable job growth, as employees lean on extended stay hotels for temporary housing.
By Noelle Mateer • July 10, 2024 -
DJ to open ‘music-focused’ experiential hotel in Miami
Kygo’s global live events business will replace Shuckers Waterfront Grill & Hotel with the 118-suite Palm Tree Club, merging the energy of a music festival with laid-back hospitality.
By Jenna Walters • July 1, 2024 -
Hyatt Regency Chicago wraps $150M renovation, awaits further upgrades
The guest rooms and two ballrooms were revamped, and more changes are on the horizon for the city’s largest hotel.
By Jenna Walters • June 28, 2024 -
Dream Golf extends resort collection to East Texas
The 2,400-acre Wild Spring Dunes will feature accommodations, home sites and multiple golf courses.
By Noelle Mateer • June 20, 2024 -
HITEC host city Charlotte saw strong conversion activity in Q1
A significant portion of the North Carolina market’s hotel development pipeline comprised conversions in the quarter, according to Lodging Econometrics.
By Jenna Walters • June 20, 2024 -
Highgate opens first adults-only hotel on Oahu
The boutique Romer House Waikiki will target the travelers-without-kids demographic on the island, according to Highgate Hawaii President Kelly Sanders.
By Jenna Walters • June 17, 2024 -
IHG’s Kimpton to restore Hawaii’s Coco Palms resort
The property will be IHG Hotels & Resorts’ first hotel in Hawaii belonging to its growing luxury and lifestyle portfolio.
By Noelle Mateer • June 14, 2024 -
Choice Hotels bets on extended stay with Everhome opening, development
With Everhome Suites Lexington North in Kentucky, the midscale brand has four properties open and dozens more in the pipeline.
By Jenna Walters • June 12, 2024 -
Hard Rock’s Reverb brand is heading to Arizona
The 195-room, $60 million Reverb by Hard Rock Scottsdale — a music-focused property designed to foster creativity and connection — will open in 2026.
By Noelle Mateer • June 6, 2024 -
Marriott development execs talk new US midscale brand Project Mid-T
Marriott’s Noah Silverman and Diana Plazas-Trowbridge share details about the newly launched transient, conversion-focused brand.
By Jenna Walters • June 5, 2024 -
SBE unveils details for ‘smart lifestyle’ brand Project HQ
Project HQ will open its first U.S. location in Detroit, with plans to expand further across the Sun Belt in a bid to attract millennial, Gen Z and Latinx audiences.
By Noelle Mateer • June 3, 2024