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U.S. hotel pipeline down 8.2%, but growth continues in New York City

The total active U.S. hotel development pipeline comprises 3,095 projects totaling 325,407 guestrooms, an 8.2% decrease from a year ago, according to the latest STR/McGraw Hill Construction Dodge Pipeline Report.

Riu to open all-inclusive resort in Bulgaria

The all-inclusive Riu Dolce Vita resort in the tourism zone of Golden Sands, about 20 km from Varna. The 290-key property will be Riu’s fifth in Bulgaria.

Prognostication & Pricing: Relying on Only a Few Statistics is a Poor RevPAR Strategy

By Jean Francois Mourier, CEO of REVPAR GURU