Hyatt Place Hotel opens at The Brewery

/in /by

A second hotel opened Tuesday at The Brewery mixed use development at the former Pabst brewery complex in downtown Milwaukee.

The six-story, 150-room Hyatt Place Hotel is located at 800 W. Juneau Ave., on the east portion of the historical neighborhood.

Hotel developers took advantage of being located near the new Milwaukee Bucks arena. The hotel’s sixth floor has raised ceilings in the hallways and rooms as well as raised shower heads for athletes who choose to stay there.

View full article.

US RevPAR growth continues in May; ADR pace slows

/in /by

May was yet another month of positive revenue-per-available-room growth for the U.S. hotel industry, which marks 99 months of consecutive RevPAR growth in this cycle, according to data from STR, parent company of Hotel News Now.

For the most part, the story for this month is consistent with the trends for the first four months of 2018: record-high occupancy, strong demand growth and slowing construction trends. One clear difference was lower average-daily-rate growth in May, which based on the pace from the prior months we would have expected to be higher.

View full article.