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CBRE Forecasts Steady Growth for U.S. Hotel Market in 2025

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – CBRE has released its projections for the U.S. hotel market in 2025, forecasting continued steady growth driven by strong performance in urban locations. The company anticipates a 2% increase in Revenue Per Available Room (RevPAR) growth, fueled by a 23 basis point (bps) improvement in occupancy and a 1.6% rise in Average Daily Rate (ADR). This growth trajectory suggests a sustained recovery for the lodging industry, with projected 2025 RevPAR 16.6% higher than pre-pandemic levels in 2019.

Urban Locations Lead the Charge

JLL Report Highlights Continued Growth for Select-Service and Extended-Stay Hotel Segments

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – JLL’s Hotels & Hospitality Group has released its U.S. Select-Service and Extended-Stay Hotel Outlook 2025 report, offering insights into recent market trends and the sector’s potential as a strong investment opportunity.

Record-Breaking Performance and Demand Surge

The report reveals significant growth in the select-service and extended-stay hotel sector. RevPAR reached a record high of $78 in 2024, exceeding 2019 levels by 14 percent. Demand also saw a substantial increase, with a surge of 232,000 room nights year-over-year, nearly recovering to pre-pandemic levels. This strong performance is attributed to the sector’s evolution into a unified market, effectively catering to the changing preferences of modern travelers with a diverse range of amenities.

Attractive Investment Proposition

National Landing Hotel Unveils Multi-Million Dollar Renovation and Rebranding

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – The National Landing Hotel Crystal City in Arlington, Va., formerly known as the Marriott Crystal City at Reagan National Airport, is undergoing a significant transformation. A multi-million dollar renovation and rebranding project is underway, with completion expected this May. The newly rebranded National Landing Hotel will feature modernized guest rooms, upgraded public spaces, and a refreshed exterior.

Revitalizing Crystal City's Hospitality Landscape

Mandarin Oriental Breaks Ground on Ultra-Luxury Residences and Resort in Grand Cayman

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Mandarin Oriental Hotel Group is making its grand entrance into the Caribbean with the groundbreaking of the Mandarin Oriental Residences, Grand Cayman. This landmark project, a collaboration with Melkonian Capital Management and RAL Companies, marks the brand’s first new-build resort and residential development in the region. Construction is officially underway, with completion anticipated in early 2028.

Luxury Living Redefined: Beach House and Ocean House Residences

Investors Key in on Select-Service, Extended-Stay Hotels. JLL Writes Why.

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – With RevPAR hitting a record $78 in 2024 — 14% above 2019 levels — and demand surging by 232,000 room nights year-over-year (almost fully recovering from 2019), the select-service and extended-stay sector is showing its might in the lodging market, according to a latest study by JLL.

Growth Reflects Shifting Traveler Preferences

Growth reflects shifting traveler preferences favoring longer stays, remote work setups and an improved work-life balance. “Bleisure” travelers, blending business and leisure, are increasingly drawn to these properties, which offer in-room kitchenettes and recreational spaces that cater to both comfort and convenience.

In 2025, the demand for select-service and extended-stay properties is projected to surpass pre-pandemic levels, reaching an estimated 1.02 billion room nights — 16% above the long-term average since 2001.

Tedy Bruschi: A Champion on a Heart Health Journey

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Tedy Bruschi can talk football all day long. He did it as a linebacker (and three-time world champion) for the New England Patriots, and now he does it for a living as a commentator for ESPN.

Football and Heart Health: A Shared Passion

If you ask him for his favorite football statistic, he’ll probably tell you “366.” It’s a number that belongs to Bruschi, in fact. And it means a lot to him because it relates to the other subject he can talk about all day: heart health.

A Stroke Survivor's Inspiring Comeback

Bruschi is a stroke survivor. His first stroke threatened to end his playing career. Instead, he made an inspiring comeback, from a hospital bed all the way back to the gridiron. This remarkable journey has made him a powerful advocate for heart health awareness.

Joining the HeartMates Program

Mercury's 2024: A Year of Product Launches and Vision Realization

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Mercury, a financial technology company, has released its annual letter reflecting on a year of significant growth and innovation in 2024. CEO and co-founder Immad Akhund shared insights into the company's progress towards its vision of a more comprehensive and integrated banking experience for businesses and individuals.

Expanding the Definition of Banking

ASUS Revolutionizes Smart Healthcare with Generative AI: Empowering Patients and Transforming Senior Care

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – Generative AI (Gen AI) is transforming industries, and healthcare is at the forefront of this revolution. ASUS, a leading technology company, is playing a pivotal role in the era of Smart Healthcare 4.0, leveraging Gen AI to enhance patient care, personalize user experiences, and improve efficiency. This article explores how ASUS is empowering patients through innovative products like the Zenbo Junior II home companion robot, the ASUS HealthHub remote care solution, and the ASUS VivoWatch smart health wearable.

Revolutionizing Senior Care with Zenbo Junior II: The Ultimate Home Companion

ASUS Revolutionizes AI Development with the NUC 15 Pro Mini PC

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – ASUS today announced the ASUS NUC 15 Pro mini PC, a compact powerhouse designed for a wide range of development needs, from AI model training to data visualization. Featuring the latest Intel® Core™ Ultra (Series 2) processors, DDR5 6400MHz memory, and the Intel Arc™ GPU, the NUC 15 Pro delivers outstanding speed and efficiency. Additionally, advanced Intel WiFi 7 offers ultrafast connectivity for seamless collaborations. The NUC 15 Pro offers an unbeatable combination of performance and innovative design to elevate workflows.

AI-Optimized Performance for Cutting-Edge Development

ASUS ZenScreen Duo OLED MQ149CD Redefines Portable Productivity

SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – ASUS today announced the availability of the ZenScreen Duo OLED MQ149CD, a revolutionary portable monitor featuring dual OLED screens. This innovative device offers users an expanded workspace, equivalent to a 20-inch monitor, through two stunning 14-inch displays. The ZenScreen Duo OLED MQ149CD connects seamlessly via a single USB-C connection, simplifying setup and enhancing portability.

Dual 14" OLED Panels for Enhanced Visuals