Development: Page 7

  • Construction site
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    sandsun via Getty Images
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    2024 Outlook

    6 hotel executives share their 2024 development outlooks

    Leaders at Hilton, Marriott, IHG and more detail what trends will drive hotel development this year and how their portfolios are poised to expand.

    By • Jan. 9, 2024
  • New York City skyline with urban skyscrapers at sunset
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    ventdusud via Getty Images
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    Hot hotel markets to watch in 2024

    Atlanta, Dallas, New York City and Miami are hotel markets worth watching. Here’s why.   

    By • Jan. 8, 2024
  • A hotel room at Mollie Aspen
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    Retrieved from HayMax Hotels on January 05, 2024
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    Luxury boutique hotel Mollie Aspen opens

    The hotel will cater to the growing number of travelers seeking experiential accommodations in the Colorado mountain destination.

    By • Jan. 5, 2024
  • Night time rendering shows four shiny glass towers, with the tallest one in the background, with a massive screen in the foreground.
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    Retrieved from AO Architects on December 22, 2023
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    Skyscraper proposed for Oklahoma City lodging, entertainment district

    The residential tower would join a 480-key Hyatt Dream hotel in a mixed-use project that is set to break ground.

    By Julie Strupp • Jan. 3, 2024
  • A rendering of the Sunseeker Resort features a white facade along the waterfront.
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    Retrieved from Sunseeker Resort on January 03, 2024
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    Budget airline Allegiant opens South Florida resort

    The airline operator entered the hospitality space with Sunseeker Resort Charlotte Harbor, a 785-room property on Florida’s Gulf Coast.

    By • Jan. 3, 2024
  • Exterior of Building with Choice Hotel logo
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    Retrieved from Choice Hotels International on April 06, 2023
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    Choice Hotels’ Suburban Studios opens 100th location

    The brand is rapidly expanding as developer demand for hotel conversions, particularly in the extended stay space, remains heightened.

    By • Dec. 21, 2023
  • A rendering of the Kimpton Claret Hotel set to open in Denver in 2024.
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    Retrieved from Kimpton Hotels & Restaurants on December 20, 2023
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    IHG’s Kimpton expands in Denver with spring hotel opening

    The 190-key Kimpton Claret Hotel, underway in the Belleview Station neighborhood, will be the second brand property in the city.

    By • Dec. 20, 2023
  • People in suits hold shovels as they pose for a photo.
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    Courtesy of Cordish Companies
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    Cordish Companies breaks ground on $270M casino resort in Louisiana

    The 550-room Live! Casino & Hotel will be the first land-based casino in the Shreveport-Bossier market.

    By • Dec. 18, 2023
  • Justin Timberlake, in a suit, throws dice while surrounded by onlookers.
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    Courtesy of Getty Images for Fontainebleau Las Vegas
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    Fontainebleau Las Vegas officially opens

    The 3,644-room resort, casino and shopping complex has been 15 years in the making.

    By • Dec. 15, 2023
  • The sail-shaped Burj al Arab hotel in Dubai as seen at night from a pool.
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    The image by Marco Becerra is licensed under CC BY 2.0
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    Dubai’s Jumeirah Group exploring US hotel opportunities

    Changing luxury travel demand is driving the hotel chain's expansion.

    By • Dec. 15, 2023
  • An aerial view of the Miami skyline.
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    felixmizioznikov/iStock/Getty Images Plus via Getty Images
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    Deep Dive // Hot Markets

    Market Spotlight: Miami

    Despite decreased year-over-year hotel performance, the market shows promise with RevPAR outpacing 2019 levels, business travel ramping up and a growing luxury pipeline.

    By • Dec. 13, 2023
  • A rendering of the Signia by Hilton Indianapolis.
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    Retrieved from Hilton on December 11, 2023
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    Signia by Hilton hotel coming to Indianapolis in 2026

    Similar to other Signia projects underway, the 800-room property will cater to business and group travelers.

    By • Dec. 11, 2023
  • Aerial view of a theme park rendering, featuring brightly colored water features, rides and buildings.
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    Courtesy of Universal Destinations & Experiences
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    Construction starts on $550M theme park resort in Frisco, Texas

    Universal Kids Resort includes a 300-room hotel, rides and shops.

    By Julie Strupp • Dec. 8, 2023
  • Rendering of the planned All Net Arena & Resort
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    Courtesy of Cuningham
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    Financing woes put potential Vegas arena, resort project on hold

    The $5 billion entertainment and hotel complex joins a number of other Sin City projects struggling with construction funding.

    By Sebastian Obando • Dec. 8, 2023
  • Bowie House opened in Fort Worth, Texas.
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    Retrieved from Auberge Resorts Collection on December 06, 2023
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    Bowie House luxury hotel opens in burgeoning Fort Worth

    The Auberge Resorts Collection property will cater to a significant uptick in tourism and visitor spending in the Texas city.

    By • Dec. 6, 2023
  • A rendering shows the exterior of CitizenM's hotel set to open in Miami in 2024.
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    Permission granted by Alex Abarbanel-Grossman
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    CitizenM expands in US with 3 luxury hotel openings

    The hotels, set to open in Boston, Miami and Austin, Texas, next summer, are part of the European company’s larger growth strategy across the Americas.

    By • Dec. 5, 2023
  • New York City skyline
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    StockByM via Getty Images
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    LuxUrban adds 2 boutique hotels to growing NYC portfolio

    In addition to the hotels, the company expects to add 1,500 rooms nationwide by early 2024.

    By • Dec. 4, 2023
  • A nighttime view of a city skyline, with streaks of light from the highway in the foreground.
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    The image by Maciek Lulko is licensed under CC BY 2.0
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    Deep Dive // Hot Markets

    Market Spotlight: Atlanta

    One of the nation’s biggest construction pipelines and a robust meetings and events industry are keeping Atlanta’s hotel market thriving.

    By • Dec. 1, 2023
  • A rendering shows the exterior of a Hyatt Studios hotel prototype.
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    Retrieved from Hyatt on August 17, 2023
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    Hyatt breaks ground on inaugural Hyatt Studios hotel

    The Mobile, Alabama, property marks a “milestone” for Hyatt as it expands within the upper midscale extended stay space, a first for the company in the Americas.

    By • Dec. 1, 2023
  • The skyline of Columbus, Ohio, seen behind a river.
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    The image by jpmueller99 is licensed under CC BY 2.0
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    Hollywood Casino Columbus breaks ground on hotel

    The development is part of gaming company Penn Entertainment’s ongoing expansions nationwide.

    By • Nov. 29, 2023
  • A rendering of the Aloft Lake Nona.
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    Retrieved from Marriott International on November 27, 2023
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    Marriott’s Aloft to open hotel in sports destination near Orlando

    Upon opening, the Lake Nona property will be the closest hotel to the world’s largest tennis facility.

    By • Nov. 27, 2023
  • Flags of different countries hanging outside of a building
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    Wirestock via Getty Images
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    Hotel investors optimistic about 2024 despite current sluggishness: JLL

    The global lodging industry is expected to attract increased investment over the next year, with 70% of investors predicting interest rates will either remain the same or decrease.  

    By Michele Laufik • Nov. 21, 2023
  • A rendering of the future Hard Rock Hotel tower on a sunny day.
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    Courtesy of Hard Rock International
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    Hard Rock Hotel to open in Southern California

    The 427-room property will be the first new-build full-service hotel to open in Long Beach, California, in 30 years.

    By • Nov. 15, 2023
  • A rendering of a Choice Hotels Everhome Suites extended stay hotel.
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    Retrieved from Choice Hotels International on November 15, 2023
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    Choice Hotels continues extended stay push in California

    Choice Hotels is developing nine Everhome Suites properties across Southern California, expanding on leaps it made in the segment in the third quarter.

    By • Nov. 15, 2023
  • Stock image of hotel room
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    onurdongel via Getty Images
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    Hospitality industry trends that drove Q3 performance growth

    While Hilton, Marriott and Hyatt posted record pipeline growth in Q3, Choice focused on its public bid to buy Wyndham. And in Las Vegas, resorts highlighted ongoing labor woes.

    By • Nov. 14, 2023