U.S. hotel performance remained relatively flat from the previous week.
Marriott gains full marks on Corporate Equality Index
Marriott International received for the ninth consecutive year a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index.
Record high counts for franchise companies
The franchise companies with the largest U.S. construction pipelines at year-end 2021 are Marriott International.
HBAA has become beam
beam is now the new name of the trade association for the business events, accommodation and meetings sector formerly known as the HBAA.
Marriott reports on development progress in 2021
Company added a record 86,000 gross rooms and 517 properties in 2021, achieving net rooms growth of approximately 4 percent for the full year.
Middle East hotel RevPAR recovery highest among global regions
The Middle East hotel industry reported RevPAR that was 85.6% of the pre-pandemic comparable, the highest among the global regions.
Canada hotel RevPAR 54% recovered in 2021
Despite stronger performance in the second half of 2021, Canada’s hotel industry reported revenue per available room (RevPAR) that was just 54.1% of the pre-pandemic comparable.
Dallas leads U.S. hotel construction pipeline
At the close of the fourth quarter of 2021, Dallas leads the U.S. markets in the number of pipeline projects with 152 projects/18,180 rooms.
Hilton prepares for a new era of travel
Hospitality leader expanded its footprint, opening more than one hotel a day, and introduced new brands in coveted destinations during a year of constant change.
STR, TE slightly upgrade latest U.S. hotel forecast
Underpinned by continued strengthening in ADR, STR and Tourism Economics have slightly upgraded the U.S. hotel forecast.
