U.S. Hotel Construction Volume Falls to 20-Quarter Low
CoStar said the volume of US hotel rooms under construction decreased year over year for a sixth consecutive month, down by almost 12%.
Spark by Hilton
6 Playa Hotels Are Rebranded to Hyatt
Hyatt rebranded six of Playa's hotels to Hyatt flags, with Hilton losing four properties in the process, and more hotel development news.
U.S. Could Lose $12.5 Billion in International Visitor Spending This Year
WTTC research shows sharp drops in U.S. international visitors, with arrivals from Germany plunging 28% in concerning tourism trend.
Hilton Plans India Footprint Expansion and Introduces New Brands
Hilton plans to double its Indian presence, bringing Waldorf Astoria, Conrad, and LXR brands while DoubleTree remains its largest footprint.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.
CBRE Projects U.S. RevPAR Growth of 2% This Year
CBRE predicts steady RevPAR growth of 2.0% in 2025, driven by urban market strength, increased travel, and economic recovery.
Hilton Promises 75 New Hampton Properties in India
Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment.
U.S. Hotel Project Development Pipeline Reaches All-Time High
The Q4 2024 Global Hotel Construction Pipeline Trend Report shows a record-high global hotel construction pipeline, led by the U.S. and China, and forecasts continued growth through 2026.
Mint House Acquires Locale to Push Residential Hospitality
Mint House’s acquisition of Locale brings its short-term rental portfolio to 13 markets across the U.S.
Hilton's Huge Expansion in 2024
In 2024, Hilton achieved 7.3% net unit growth by adding nearly 1,000 hotels and strengthening its global pipeline, while expanding its brand portfolio with new lifestyle and luxury offerings worldwide.