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Wyndham reports record-high pipeline

Hotel Business

30, reported a record-high development pipeline of 1,930 hotels. Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. economy brands gained market share of 100 basis points in the third quarter. Approximately 58% of the pipeline is international.

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IHG to launch new midscale brand; reports H1 results

Hotel Business

During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. market alone. Q2 RevPAR was up 9.9% compared to the same period of 2019. .”

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Hotel development surge: Thousands of new projects poised to break ground

Hotel Business

Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. The widespread distribution of these projects across numerous markets, coupled with the strong presence of established brands, suggests a confident outlook for the hospitality industry. Lodging Econometrics’ (LE) Q2 2024 U.S.

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Radisson reports strong growth across brands

Hotel Business

Radisson Hotel Group continued to lead on its growth and expansion plan in the first half of 2023 focused on strategic geographical expansions and a new brand architecture with the addition of the art’otel brand, which offers a unique value proposition to owners and guests that blends art with a lifestyle experience.

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Radisson Hotel Group grows presence in Africa with seven signings

Hotel Management

The latest signings will see a new market entry in Gambia and the introduction of the first Radisson Collection in Nigeria and Egypt, the first Radisson RED hotel in Nigeria, and the introduction of the Radisson brand to Kenya. Radisson Blu Hotel Abuja CBD will be the first Radisson Blu hotel in Nigeria’s capital city.

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Exclusive: Outrigger ‘bullish’ on beach community investment in Oceania, Asia Pacific

Hotel Management

Outrigger Resorts and Hotels is looking forward “ with eyes wide open ” , according to President and CEO, Jeff Wagoner, with the business vigilant in its efforts to retain and build market share. Here, Wagoner discusses the obstacles and opportunities ahead.

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Wyndham names Amit Sripathi chief development officer

Hotel Business

During his tenure, he helped expand the Wyndham portfolio from 14 to 25 brands including ECHO Suites Extended Stay by Wyndham. Together with the best franchise sales team Wyndham has ever assembled, we will help even more owners discover the power of partnering with Wyndham and experiencing our Owner-First approach.”