North America
Global Travel Investment Still 22.5% Below 2019 Levels
Pebblebrook Hotel Trust warns of 3Q impact from Tropical Storm Hillary. CoStar's July 2023 report shows mixed U.S. hotel performance. Global travel deal activity down -35.7%.
Travel & Tourism investment grows 11.1% in 2022, below 2019 levels. WTTC forecasts 11.5% growth in 2023, warns of challenges from interest rate hikes.
Ashford converts hotel, St. Joe builds new property. Personnel changes across industry, Alberto Pirozzini joins Pellicano Hotels as COO.