The condominium development with Grupo Los Pueblos is slated to open in 2027 ORLANDO, Fla., May 16, 2024 /PRNewswire/ — Today, Margaritaville, the global lifestyle brand, and Grupo Los Pueblos, the leading developer in the Republic of Panama, announced a new, beachfront condo destination in Playa Caracol. Set to debut in mid-2027, Margaritaville Beach Resort & Residences Playa Caracol will…
New Freed Developments project will feature first-ever Freed Hotel and the first Katsuya Restaurant by Sam Nazarian’s Disruptive Group by sbe in Canada Freed Hotel will feature exclusive artwork by Takashi Murakami titled “Together with the Flower Parent and Child” TORONTO, Feb. 12, 2024 /CNW/ – Visionary real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University….
AAA booking data shows international trips, cruises, and cooler weather destinations are most popular WASHINGTON, DC (Aug. 21, 2023) – As summer winds down, many Americans are heading out of town. AAA booking data for flights, hotels, rental cars, and cruises shows Labor Day weekend travel is up over last year: domestic bookings are up…
New research highlights hotel industry’s significant economic impact WASHINGTON (May 18, 2023) – American hotels support 8.3 million American jobs, which is equivalent to nearly one in 25 U.S. jobs, according to an economic analysis released today by the American Hotel & Lodging Association and Oxford Economics. The study, which includes a breakdown of the hotel industry’s economic impact…
Hotels on hiring spree to meet demand as occupancy nears 2019 levels Click here for state-by-state hotel tax revenue projections Click here for state-by-state hotel employment projections Click here for state-by-state hotel occupancy projections WASHINGTON (Feb. 21, 2023) – Hotel-generated state and local tax revenue will reach new heights nationally ($46.71 billion) and in states across the nation this year, according to…
Combined company will deliver best-in-class multifamily and hospitality management platform January 30, 2023 (San Francisco, CA) – Sentral, the leading full-service management company offering any length of stay, today announced its acquisition of Align Residential, the dynamic national management firm specializing in innovative residential experiences. The acquisition expands the number of Sentral communities to 40, and the company’s network…
2023 AHLA State of the Industry forecasts opportunities, challenges WASHINGTON (Jan. 30, 2023) – The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the…
2023 forecasted to achieve 10 percent organic growth compared to 2019 ARLINGTON, Va. — Jan. 25, 2023 — Knowland, the world’s leading provider of data-as-a- service insights on meetings and events for hospitality, released the quarterly update to its U.S. Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25) realizing strong…
Expected to grow portfolio to 30 properties by 2027 BETHESDA, Md., Dec. 7, 2022 /PRNewswire/ — Under the new leadership of Josh Fluhr, Senior Vice President and Global Managing Director, EDITION Hotels is driving global expansion with the portfolio expected to double in size to 30 properties by 2027. The luxury lifestyle brand also unveils the evolution of its groundbreaking concept…
AHLA Introduces Hotel Booking Index Rating to Gauge Hotel Industry Outlook WASHINGTON (Nov. 7, 2022) – The share of holiday travelers who plan to stay in hotels is up this year, and hotels are the top lodging choice among those certain to travel for leisure in the next three months, according to a new national Hotel Booking…
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