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  • ⚡ Marriott Unveils Details of Its Latest Hotel Concept

⚡ Marriott Unveils Details of Its Latest Hotel Concept

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⚡️ Top Hotel News

⚡Marriott International has unveiled details about its newest midscale hotel brand concept, "Project Mid-T," which aims to convert existing properties or repurpose office spaces rather than construct new buildings, in response to challenges posed by rising interest rates.

⚡SH Hotels & Resorts, founded by Barry Sternlicht, has announced plans to take over the Pan Pacific Hotel in Seattle and transform it into the sustainable 1 Hotel Seattle, set to open in 2025.

⚡STR president Amanda Hite presented data at the 46th annual NYU International Hospitality Industry Investment Conference on Monday, revealing a revised 2024 U.S. RevPAR growth forecast of 2% instead of the previous 4.1% projection, due to lower-than-expected demand, particularly in the first quarter.

⚡IHG Hotels & Resorts expands its Portuguese portfolio with nine new hotel and suite developments, including luxury and lifestyle brands, to support the country's industry growth.

⚡CleanCore Solutions partners with long-standing hotel operator Byrd Hotel Group to install its proprietary cleaning products across Byrd's locations.

⚡Hotel executives at the NYU conference expressed optimism for the year ahead despite acknowledging first-quarter challenges, as deal-making continues amid a moderating recovery.

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