INDUSTRY NEWS

Lodging Magazine

By: Lodging Staff

PORTSMOUTH, New Hampshire—As seen in the Lodging Econometrics (LE) Q4 2021 United States Construction Pipeline Trend Report, the franchise companies with the largest U.S. construction pipelines at year-end 2021 are Marriott International with 1,345 projects/170,586 rooms, followed by Hilton Worldwide with 1,239 projects/141,053 rooms, and IHG with 761 projects/76,987 rooms. These three companies combined account for 69 percent of the projects and 67 percent of the rooms in the total U.S. construction pipeline.

Hotel News Now

By: Sean McCracken

LOS ANGELES — The desires to deliver positive experiences for guests and maintain profits have never been more at odds in the hotel industry than they are now, and executives speaking at the 2022 Americas Lodging Investment Summit said there's a simple reason for that.

CoStar News

 By: Ryan Ori

South Korea’s largest hotel group has paid $36 million for a 191-room Chicago property, where it plans to launch its lifestyle brand in the United States.

Lodging Magazine

By: Lodging Staff

WASHINGTON, D.C. — The hotel industry will continue moving toward recovery in 2022, but the path will be uneven and potentially volatile, and full recovery is still several years away, according to the American Hotel & Lodging Association (AHLA)’s 2022 State of the Hotel Industry Report. The report, which reveals shifts in consumer and business sentiment, was created in collaboration with AHLA Silver Partner Accenture and is based on data and forecasts from Oxford Economics and AHLA Platinum Partner STR.

Hotel News Now

By: Dana Miller

An increasing amount of Americans each month are voluntarily leaving jobs. The labor market for the hospitality industry, in particular, is becoming tighter as a result.

Hotel News Now

By: Dana Miller

Year-round use of outdoor spaces at hotels is becoming increasingly important for both guests and operators.

Hotel News Now

By: Bryan Wroten

An integral part of any hotel’s lifecycle, renovations are ramping up as hoteliers race to head off brand-required property improvement plans and complete updates to meet higher demand from guests.

Hotel News Now

By: Sean McCracken

While leisure travel has buoyed the hotel industry through the early stages of the recovery, many hoteliers are still hoping that 2022 sees a more broad-based return of demand, including a rebound in business transients and groups.

Hotel News Now

By: Bryan Wroten

U.S. hotel industry performance improved steadily in 2021 amid increased demand, especially from leisure travelers, but the industry's workforce has not rebounded at the same pace from pandemic lows.

Hotel News Now

By: Bryan Wroten

The roots of the U.S. hotel industry’s labor challenges first started growing with the layoffs and furloughs at the beginning of the pandemic, but it took until this year to fully grasp how big the workforce shortage could be and how it would affect the industry.