Mandarin Oriental has announced an agreement to manage a new Mandarin Oriental hotel and branded residences in Brickell Key, Miami one of the city’s most prestigious neighbourhoods.
IHG Hotels and Resorts breaks ground on new Miami EVEN Hotels Property
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, recently celebrated the ceremonial groundbreaking of its new EVEN Hotels property in suburban Miami. Located within the vibrant and growing Miami community of the same name, EVEN Hotel Sweetwater – Doral is projected to open in time for the busy summer travel season in 2024.
Miami and Qatar markets led the world in hotel profit recovery in 2022
Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data release.
Tim Wyman appointed as Vice President of Development at Virgin Hotels Collection in Miami
Virgin Hotels Collection,the global luxury hospitality brand by Sir Richard Branson, today announces the appointment of Tim Wyman as Vice President of Development. In this crucial role, Wyman will identify new business, including management and investment opportunities, for Virgin Hotels Collection.
U.S. hotel results for week ending 14 May
U.S. hotel performance improved from the previous week.
U.S. hotel performance for April 2022
The U.S. hotel industry reported higher performance from previous months as well as all-time high room rates.
U.S. hotel profitability reached 28-month high in March
U.S. hotel gross operating profit per available room reached its highest level since November 2019.
Decline continues in U.S. hotel construction, but planning activity is up
Planning activity continues to rise nationally with markets like Miami, Phoenix and San Francisco showing increased interest from developers.
U.S. hotel results for week ending 19 March
Lifted by Spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019.
Miami and Dubai led the world in hotel profit recovery in 2021
Miami’s GOPPAR beat 2019 levels by 14 percentage points, while Dubai reached 95% of its pre-pandemic comparable.
