Truist Raises U.S. Hotel RevPAR Forecasts
Truist raised its already industry-high forecasts for mid and upper-end U.S. hotel RevPAR growth. A voco opened in California. Plus, more hotel deal and development news.
Artifact
Chicago Could Get a New Boutique Hotel
BofA Securities says the lodging sector beat Q1 earnings by about 5% on average, but high expectations muted investor reactions. Plus, more hotel deal and development news.
Alan Woinski and Kim Woinski |
New York City May Get Nine-Story Hotel
Artifact filed plans for a nine-story, 40-key hotel at 23-27 Allen Street in Manhattan. Last year, only one hotel opened in New York City.
Alan Woinski and Kim Woinski |