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U.S. Hotel Industry Shows Mixed Performance in February 2025: CoStar Report
2025-03-20 17:53:51| Hotel Resource
The U.S. hotel industry saw a marginal increase in occupancy, average daily rate (ADR), and revenue per available room (RevPAR) in February 2025 compared to the previous year.
Category:
Hospitality
LATEST NEWS
Groundbreaking Ceremony Commences for Transformative $1.4 Billion Live! Casino & Hotel in Petersburg
2025-03-20 16:53:22| Hotel Resource
The groundbreaking ceremony for the Live! Casino & Hotel Virginia in Petersburg marks the commencement of an ambitious $1.4 billion project that is anticipated to bring in billions of dollars in economic benefits, create thousands of jobs, and set a new benchmark for gaming, hotels, and entertainment in the Commonwealth.
Category:
Hospitality
360 Million Nobu Hotel, Restaurant, and Residences Manchester Development Announced
2025-03-20 16:53:22| Hotel Resource
Nobu Hospitality, in collaboration with property developer Salboy, has revealed plans for a major development in Manchester. The development, Viadux 2, signifies a significant 360 million property investment in Manchester's city center, pending positive planning approval this spring. It will introduce a hotel, a restaurant, and the UK's first Nobu&branded residences.
Category:
Hospitality