Top Three Franchise Companies Account for 69% of Projects in the U.S. Hotel Construction Pipeline

In the recently released Q1’21 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest U.S. construction pipelines at the end of Q1’21 are Marriott International with 1,354 projects/178,290 rooms, followed by Hilton Worldwide with 1,248 projects/145,256 rooms, and InterContinental Hotels Group (IHG) with 807 projects/81,702 rooms

U.S. Market Recovery Monitor – 8 May 2021 – STR

The occupancy doldrums remained in place with U.S. occupancy falling to an eight-week low (56.7%) during 2-8 May 2021. Using STR’s total-room-inventory (TRI) methodology, which considers hotels that are temporarily closed, occupancy dropped to 54.2%.

Ramadan and Eid Al-Fitr Impact on Middle East Hotel Occupancy – STR

On Tuesday, 11 May, Muslims across the Middle East set their eyes to the sky in search of the crescent moon that would signal the end of Ramadan, the holy month of prayer and fasting. The moon, however, was not sighted, and the Supreme Court of Saudi Arabia announced Eid al-Fitr, or the breaking of the fast and end of Ramadan, will instead fall on Thursday, 13 May.

HVS Report – Associate Retention & Motivation In Hotels: Let’s Leave Pandemic Crisis Mode and Focus on Employee Satisfaction Again – By Neil J Flavin

The Pandemic’s negative effect on the hospitality industry, especially its ability to hire new associates, will be long felt even as we see signs of recovery. Many have left the industry for other opportunities considered more stable. The more leadership can recognize, motivate, and reward team members, the stronger the chances are of rebuilding and retaining staff for the long term.

Mondrian Shoreditch London Hotel to Open July 2021

Mondrian, a brand within the Accor group, today announced its expansion into Europe with Mondrian Shoreditch London. The lifestyle hotel, owned by The Reuben Brothers, will open its doors July 2021 following a major overhaul and complete redesign by London interior design studio Goddard Littlefair.