Hotel construction has slowed in the Memphis area and across the U.S. due to economic uncertainty and a lower return on investment. The number of planned hotel rooms in the Memphis metro area has ...

Hilton has reported fewer room occupancies at its hotels this year as U.S. travel slumps - with Americans hesitant to spend, and foreigners looking to visit elsewhere. The hotel giant cut its forecast ...

IHG’s one million-room milestone is impressive. So is the pace of conversions. But revenue pressure in key regions can’t be ignored. InterContinental Hotels Group (IHG) crossed one million open hotel ...