322 hotels and 67,680 rooms are expected to open throughout Europe, the Middle East and Africa in 2012, according to Lodging Econometrics. A three-year topping-off period is expected for new openings through 2012.

According to travel agency Hogg Robinson Group, Moscow is the most expensive city in the world when it comes to ADR, followed by Geneva and Hong Kong.

Starwood says the "Gulf Region Responders" offer is aimed at making travel easier for cleanup crews, relief workers, fishermen, and others toiling to contain the Gulf oil spill.

The recession hasn't been kind to developers, but Portman Holdings honed in on its two core focuses that still seem to work.

I had the pleasure of touring the new Trump SoHo New York last week. The property, which opened in April, is an impressive addition to the fashionable and artistic New York district.

Asia Pacific's emergence as a global player in hospitality is set to continue with sales from this region forecast to contribute approximately $3.7 billion or 29 percent of global sales.

The future of timeshare, fractional ownership and residences aligning with hotels is promising, despite setbacks in recent years.

LE is forecasting a still moderately high 202 hotels/31,804 rooms to enter as new supply, but then expects a drop off to 169 hotels/27,774 rooms in 2011. As the pipeline continues to contract, new hotel openings will fall further in 2012 and remain low through mid-decade.

New hotel openings in Europe peaked in 2008 and are declining. New hotel openings in the Middle East and Africa are expected to reach cyclical highs over the next two years, according to Lodging Econometrics.

Condo-hotel recovery will require smarter developers and buyers along with a strong hotel recovery.