U.S. Hotel Pipeline Expands but Cost Concerns Mount

U.S. Hotel Pipeline Expands but Cost Concerns Mount

[ad_1] The variety of U.S. resort building tasks within the growth pipeline on the finish of the second quarter was about 9 p.c larger than one yr prior, in accordance with a brand new report from Lodging Econometrics. Whereas the corporate expects development to...
InterContinental to open new hotel in Bucharest

InterContinental to open new hotel in Bucharest

[ad_1] IHG Resorts & Resorts is to open a brand new InterContinental property within the Romanian capital Bucharest in January 2023.The opening will mark a swift return of the InterContinental model to Romania after the administration contract to handle its...
London hotel rates reach new monthly record

London hotel rates reach new monthly record

[ad_1] London resort charges reached their highest ever degree in June at greater than £200 because the resurgence in journey gained extra momentum.Figures from resort knowledge specialist STR discovered that the common each day price (ADR) for properties within the...
European hotel bookings exceed pre-Covid levels

European hotel bookings exceed pre-Covid levels

[ad_1] European company lodge bookings surpassed pre-pandemic ranges in June because the restoration has accelerated prior to now two months. The newest quarterly figures from HotelHub, which gives reserving expertise for TMCs and their prospects, discovered that...