The global hospitality sector entered 2026 on a remarkably bright note, with Marriott, Hilton, and MGM Resorts all reporting record net revenues and widespread RevPAR (Revenue Per Available Room) growth for the first quarter.
Marriott International expanded its Asian luxury footprint today by signing a landmark partnership with Cangio Tourist City Corporation to bring two flagship brands to Ho Chi Minh City.
Data released today by STR and CoStar reveals that U.S. hotel occupancy reached 67.7% for the week ending April 25, the highest level recorded so far in 2026.
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.