Growth in the single-currency bloc rose 2.2 percent in the second quarter, a sign the ECB's quantitative easing program is working.
Europe also reported 77,280 guestrooms under construction in July 2017, a 22.0-percent increase year-over-year.
The 153-room property sits along the Ashley River in downtown Charleston, S.C., adjacent to the Medical University of South Carolina.
Hoteliers are dogged by incremental costs, so here are some takeaways from Hotel ROI Midwest on holding onto your cash.
With a high gearing ratio, the hotel group could be halting trade to pay off debt.
The Butterfly on Hollywood hotel will be rebranded as Travelodge Central, Hollywood Road.
Egypt will get the largest sum of foreign investment for its economic reform program.
A Gaw Capital-controlled fund is in talks to purchase the Standard for $340 million.
California's Big Sur will be home to North America's first Alila Hotels & Resorts property.
Prince Mohammed's Public Investment Fund will invest in a new project and begin partnership deals between the kingdom and international companies.