RevPAR at INR 5,088 up 15.1 percent on a YoY basis while occupancy was at at 72 percent for Q3FY25, said the release.RevPAR at INR 5,088 up 15.1 percent on a YoY basis while occupancy was at at 72 percent for Q3FY25, said the release.
Lakeshore Hotel Partners is planning to build a mixed use development in downtown Muskegon, Michigan called Harbor 31 LLC that would include: housing, retail and an Element Hotel by Marriott. Tax incentives were recently approved for the project which is being also being developed by Harbor 31 LLC.
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Developers are proposing to build a new Hyatt Place Hotel at 1200 Main Street in Half Moon Bay, San Mateo County, California. Located at 1200 Main Street the hotel would contain 102 guestrooms included in two guest room buildings, the main lobby, a meeting room, and a pool. On top of the guest bicycle fleet, secure parking will be included for 30 bicycles. The L-shaped surface lot will have space for 148 cars. AXIS/GFA Architecture + Design is responsible for the designs. RGJC South LLC is the developing the hotel.
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KPC Development Co has begun construction of the Kali Hotel, Hollywood Park in Inglewood, California. The $300 million, 13-story, 300 guest room Kali Hotel is located on Stadium Drive opposite Hollywood Park’s artificial lake from SoFi Stadium, the hotel will be a part of Marriott’s Autograph Collection, and is to include 34 suites intended to cater to sports and entertainment figures. Plans call for a rooftop bar, three restaurants, a pool deck, a fitness center, 20,000 square feet of meeting space, and subterranean parking for 315 vehicles. Lamar Johnson Collaborative, is designing the project. The development team also includes design firm Sixteenfifty Creative Intelligence and builder Clayco.
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The latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that Dallas is leading the nation’s hotel construction pipeline with a record-breaking 204 projects totaling 23,669 rooms. Atlanta follows with its own record of 168 projects (19,431 rooms), while Nashville (130 projects/17,029 rooms), Phoenix (record 130 projects/16,824 rooms), and the Inland Empire (122 projects/12,234 rooms) complete the top five markets.The latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that Dallas is leading the nation’s hotel construction pipeline with a record-breaking 204 projects totaling 23,669 rooms. Atlanta follows with its own record of 168...
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Choice Hotels International, Inc. (NYSE: CHH), one of the largest hotel companies in the world, and Westgate Resorts, the industry’s premier resort developer, announced today that 21 Westgate properties are now available to book on ChoiceHotels.com. In addition, they can also be reserved with points on the award-winning rewards program, Choice Privileges. The hotels will join Choice’s upscale offerings, which include the Radisson, Cambria and Ascend Hotel Collection brands, providing guests unique experiences with every stay.Choice Hotels International, Inc. (NYSE: CHH), one of the largest hotel companies in the world, and Westgate Resorts, the industry’s premier resort developer, announced today...
The Iconic Downtown Destination is Reimagined with Polished Design, Elevated Guest Rooms, a Vibrant New Bar, and Bold Restaurant Concepts Inspired by the Brand’s Revitalized Culinary VisionThe Iconic Downtown Destination is Reimagined with Polished Design, Elevated Guest Rooms, a Vibrant New Bar, and Bold Restaurant Concepts Inspired by the Brand’s Revitalized Culinary Vision
On the positive side of the MLK Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 18 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.On the positive side of the MLK Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 18 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
CHMWarnick, the leading hotel asset management and owner advisory services company to the hospitality investment community, announced today the launch of Proph+IT™, an innovative business intelligence platform designed to revolutionize how hotel owners and operators collect, analyze, and respond to performance data to improve investment returns.CHMWarnick, the leading hotel asset management and owner advisory services company to the hospitality investment community, announced today the launch of Proph+IT™, an innovative business intelligence platform designed to revolutionize how hotel owners and operators collect, analyze, and respond to performance data to improve investment returns.