Articles tagged “hotel development”

Egypt says it needs 250,000 more hotel rooms to be constructed if its to hit its tourism goals for the next decade.

Wyndham CEO Geoff Ballotti said recent "uncertainty could be relatively short-lived." He highlighted a potential boom from Trump administration spending on "big beautiful highways" and "big beautiful bridges."

H World grew to have more hotels and loyalty members than Western hotel giants by using better tech, pre-fab construction, and pre-paid discount cards for guests.

Hilton's latest results suggest travelers aren't hitting the brakes yet. The hotel giant maintained its optimistic outlook despite lingering economic uncertainties, particularly in the vital business travel segment.

Post-Covid, hotel chains in India were playing catch up with unprecedented surge in demand. That done, the industry is back to anticipatory expansion, but in unexplored regions this time.

Some hoteliers are freaking out about Trump's new tariffs. They're hoping the move is just negotiating theater.

Marriott's Four Point Flex expansion marks a belated, yet decisive, push into the European midscale market, aiming to rapidly capture a growing segment.

U.S. hotel executives say they're maintaining cautious optimism while vigilantly monitoring shifts in consumer confidence, government spending, and regional demand patterns.

Sonesta wants to be in the business of licensing hotel brands rather than owning hotel buildings, just like its larger, asset-light competitors.

Extended Stay America turned kitchenettes and weekly housekeeping into an over $6 billion business. Now everyone wants a piece. The model is usually resilient even during recessions.