hotel growth

Marriott Planning Expansion Across African Continent

KIGALI, RWANDA — Marriott International continues its expansion across the African continent with news of signings in Cape Town, Nairobi, Cairo and Mauritius, it was announced earlier this month. “We officially opened the Kigali Marriott Hotel (on Oct. 4), under the patronage of His Excellency, The Honourable Prime Minister Murekezi, and we announce six new deals across Africa, which when … Read More about Marriott Planning Expansion Across African Continent

The Robey to Open in Chicago in November

BERLIN — The Robey, featuring 69 guestrooms, is planning to open in downtown Chicago in November, it was announced last month. Situated at the six corners of Damen, Milwaukee and North Avenue, The Robey’s 69 rooms are split across 12 floors. Rooms and suites range from 215 to 258 square feet, and all feature a shower and a king-size bed, apart from the Landmark Queen room that features a … Read More about The Robey to Open in Chicago in November

U.S. Hotel Revenue Growing, but Slowing

ATLANTA — U.S. hotel revenue is slowing down, while expenses are on the rise, according to CBRE Hotels America's Research's 2016 edition of Trends in the Hotel Industry, released May 24. According to the report, operating performance continued to improve in 2015, but at a much slower pace. Trends is the firm's annual survey of operating statements from thousands of hotels across the … Read More about U.S. Hotel Revenue Growing, but Slowing

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