Moxy: Moxy Hotels has planned two new properties in Japan. Moxy Tokyo Kinshicho and Moxy Osaka Honmachi are both set to open in late 2017.
Study: More details have been revealed around Study’s plan for a 185-room hotel at the University of Chicago, several blocks west of the planned Obama library. The hotel will include 2,200-square-feet of meeting space, a 1,500-square-foot fitness center and an 85-seat restaurant and bar.
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Hawaii RevPAR: According to CBRE, RevPAR growth for the State of Hawaii as of Q1 2017 was at 6.5%, outpacing national levels (3.4%) as well as the rate achieved by the top 25 markets tracked by STR (2.4%). While overall demand, as indicated by total visitation to Hawaii, has increased by 2.3% during Q1 2017 compared to the same period in 2016, other factors including a contraction in supply and the willingness of visitors to spend more on lodging (up 12.9% for Q1 2017) have also contributed to the strong results.
PREM: The PREM Group will expand its operations in The Netherlands within the next 18 months with the addition of two new venues: the Premier Suites Plus Rotterdam this summer and the Premier Suites Plus Amsterdam in the winter of 2018.