New data released today by CoStar and STR reveals that U.S. hotel construction has decreased for the 15th consecutive month, with total rooms under construction down 5.4% year-over-year.
In a move that has sent ripples through the global hospitality market, the Jumeirah Burj Al Arab officially closed its doors today to begin a comprehensive 18-month restoration.
The luxury hospitality landscape reaches a new pinnacle today with the grand opening of Bulgari Resort Ranfushi in the Maldives' Raa Atoll.
In a major consolidation of the luxury market, Hyatt Hotels Corporation completed the final phase of its integration with Mr & Mrs Smith, a leading travel club and boutique hotel platform.
The Maldivian Government and Soneva Jani today debuted the world’s first "Blue Carbon" certified resort, a pioneering project designed to be climate-resilient and carbon-negative.
Hilton officially debuted its new Apartment Collection brand today through a strategic partnership with Placemakr, beginning with flagship properties in Atlanta and Salt Lake City.