Hotels operating in the MICE market have traditionally been obsessed with processes and churning out proposals. But for hoteliers to Find and Grow the MICE segment, first you need to understand data and market trends to define your identity in this sector.
CBRE Hotels is inviting offers to acquire the fee&simple interest in the La Quinta Inns & Suites in Alexandria, Louisiana, an underperforming hotel with significant upside potential.
The Canyon Club, a luxury residential resort community, is set for construction on 60 waterfront acres in the Texas Hill Country on Lake Travis. The community will feature 25 homes, including traditional and 3D&printed vacation properties, with many luxury amenities and personalized services.
The year 2024 marked a significant rebound in global hotel investment, driven predominantly by robust growth in cross&border transactions. The hotel investment landscape was characterized by region&specific trends, with the Asia&Pacific region continuing to offer promising opportunities. Despite potential risks such as geopolitical factors and inflationary pressures, the global hotel investment outlook for 2025 remains positive.
Despite economic pressures, most Americans are maintaining their travel plans, albeit with some adjustments, according to a recent survey by Squaremouth.
Wyndham Hotels & Resorts and Soliteight Hotel Projects SA have announced plans to bring the Super 8 brand to Spain and Portugal, aiming to open 40 new hotels over the next decade.
Despite the Easter holiday shift, the U.S. hotel industry presented mixed results, with slight decreases in occupancy but modest increases in the average daily rate (ADR) and revenue per available room (RevPAR).