STR: U.S. Hotel Construction Declines but Planning Activity is Up
HENDERSONVILLE, Tennessee—While a steady hotel construction decline continues nationally, volume in New York City and Nashville represents a significant percentage of those markets’ existing supply. Additionally, planning activity continues to rise nationally with markets like Miami, Phoenix, and San Francisco showing increased interest from developers, according to STR. U.S. Hotel Construction Pipeline March 2022 (percentage change in comparison with March 2021): In Construction: 154,881 rooms (down 15.7 percent) Final Planning: 177,756 rooms (down 16.8 percent) […]
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This Week’s Comings & Goings
Sage Hospitality Group announced the appointment of Daniel del Olmo as president and chief executive
UNLV William F. Harrah College of Hospitality Integrates Yipy Platform Into Its Curriculum
SALT LAKE CITY, Utah—Yipy announced that the University of Nevada, Las Vegas (UNLV) William F. Har
DiamondRock Hospitality Announces Upcoming Retirement of Chairman William W. McCarten
BETHESDA, Maryland—DiamondRock Hospitality Company announced that Chairman William W. McCarten wil
