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Intelligence

Canadian hotel development reaches historic heights

By Lodging Econometrics (LE)

The latest Lodging Econometrics (LE) data from Q3 2024 reveals unprecedented growth in Canada's hotel development pipeline, with key indicators suggesting an expansion phase is underway. The total pipeline has reached a…

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Hyatt and Grupo Piñero to form joint venture

Hyatt Hotels Corporation has announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term strategic joint venture, headquartered in Palma de Mallorca, Spain—which will manage Bahia Principe-branded…