Among the Top 25 Markets, PGA Championship host St. Louis, Missouri-Illinois, registered the largest increases in each of the three key performance metrics: occupancy (+10.0% to 80.6%), ADR (+13.7% to US$122.89) and RevPAR (+25.1% to US$99.06).
Auckland will welcome a flagship InterContinental hotel in 2022 with IHG and Precinct Properties, the largest city centre real estate owner in New Zealand, signing an agreement to open InterContinental Auckland.
Hilton Garden Inn, Hiltons (NYSE: HLT) has opened 10 new properties, including firsts for the brand in France and Zambia.
Originally launched in 1912 for the Olympics, Strand Stockholm quickly established a reputation as a local hotspot beloved of the stars, such as Swedish actors Greta Garbo and Ingrid Bergman. A particular popular part of the hotel was the Sea Salon, today the Sea Salon Suite, which boasts remarkable views of the Royal Dramatic Theater.