Economy Hotel

Choice Hotels International reported systemwide net room growth of 3.3% and a net income increase of 16% for 2024 as part of its fourth quarter and full-year 2024 earnings.... Read More

Breaking news about deals, development, data and more.... Read More

Award program highlights design that prioritized energy efficiency, waste reduction, healthier materials, and contributions to local communities.... Read More

The 54-unit project was completed in May but was put up for bulk sale after its developer, Shvo, defaulted on more than $200 million in loans last September.... Read More

News CBRE research shows improved performance is buoying appetite for investment with approximately 45% looking to increase their purchasing volume in 2025 by more than 10%. ... Read More

New project announcements reached a yearly high in the fourth quarter, while conversions also increased by 26%, according to Lodging Econometrics.... Read More

A strategic shift in standards can significantly reduce compensation-related losses, improve bottom line. ... Read More

Breaking news about deals, development, data and more.... Read More

The seller will continue to operate the hotels and plans call for adding more than 120 hotels in the next 10 years, including a move to the U.S. ... Read More

At an ALIS DESIGN+ panel, execs discuss best practices for getting ROI from new developments, conversions, or brand-mandated PIPs.... Read More

Here’s a roundup of the top hotel executive moves of the past week.... Read More

Latest news: Gaw Capital defaults on loan; US hotel profits grew; Sonder-Marriott deal false Latest news: Gaw Capital defaults on loan; US hotel profits grew; Sonder-Marriott deal Breaking news about deals, development, data and more. Breaking news about deals, development, data and more.... Read More

Among the noteworthy quotes from stories of the past week, JLL's Dan Peek talked about equity's conviction to lean into the hotel market.... Read More

Breaking news about deals, development, data and more.... Read More

Hyatt had an acquisitive 2024 following deals for Standard and Bahia Principe (not to mention its recent $2.6 billion Playa deal). The company also says it will sell an additional $2 billion in assets by the end of 2027.... Read More