With over $250 million in total capital investments and improvements by Caesars Entertainment in the Atlantic City market, the new Coastal Tower at Harrah's Resort is set to unveil the first phase of its room product by early 2019
Occupancies may have peaked, with flattening or slight declines on the near horizon. Room rate growth remains the key to above inflationary RevPAR increases through 2019.
Libertador Hotels, Resorts & Spas announced the opening of the 164-room Aloft Lima. This will be the first Aloft hotel in Peru and the property will feature Aloft's signature bold and design, unique live music programming and features such as SPG Keyless entry.
Practical guide on best practices for leveraging BI in hospitality now available for complimentary access