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U.S. hotel construction pipeline rose by 10% in April 19'

2 monthes ago   |   By

As per STR's hotel construction pipeline data for the U.S., 1,575 hotel projects accounting for 203,890 rooms are in construction as of April 2019. This represented a 9.9 per cent year-over-year increase in the number of rooms in the final phase of the development pipeline. U.S. hotel construction pipeline data represents seven consecutive months of growth beginning with October 2018. The 9.9 per cent rise in April was the highest for any month since August 2017.
A majority of the country's construction activity continues to be focused in the upper midscale and upscale segments. The upper...
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Hawaii welcomed a record 9.9 million tourists last year and generated $2.08 billion in revenue

Hawaii welcomed a record 9.9 million tourists last year and generated $2.08 billion in revenue

2 monthes ago   |   By

Hawaii, one of the popular destination in U.S. has welcomed a record 9.9 million tourists in 2018 just 45,452 visitors shy of a 10 million benchmark that had been anticipated before headwinds emerged in the back half of last year.
It was another year of record-setting arrivals for Hawaii's visitor industry, which has realized growth over the last seven years. While the total spending results were higher than last year, the Hawaii Tourism Authority does not adjust its spending to account for inflation or include supplemental business expenditures.
The Hawaii Tourism Authority has released...
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