The property includes the refurbishment of the Art Deco former headquarters of Shanghai Power Company on Nanjing Road.

Tres Sirenas reopened in Rincon, Puerto Rico following 10 months of closure due to Hurricane Maria.

The new 16-story Orchid Tower was designed by Nichols Brosch Wurst Wolfe & Associates, with interiors by design studio Champalimaud.

Kike Sarasola, founder and president of Room Mate Hotels, expects all hotel chains to have an apartment division in fewer than five years.

The global pipeline has 5,988 hotels with 1,133,017 rooms currently under construction.

With visitor numbers up, global hotel companies are looking to build in Hungary's capital city.

The properties are spread across Texas, Rhode Island, California and Arizona, for brands such as Nylo Hotels, Hyatt and Hilton.

The new Chicago-based hotel- and restaurant-management company will focus on lifestyle hotels.

While hotel performance indicators are very positive, the state's hospitality sector still faces some challenges.