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Ryman Hospitality Properties and Gaylord Opryland Resort celebrated the topping-off of their $131 million expansion, marking the completion of the building's structural phase. The project will add about 108,000 square feet of meeting and event space, including a new ballroom, breakout rooms, and pre-function areas. Construction will now move to interior work, with completion expected in 2027. The expansion strengthens Gaylord Opryland's position as one of the largest convention hotels in the U.S. Read more.

JLL has arranged the sale of the iconic Cheeca Lodge & Spa in Islamorada, Florida Keys. The luxury oceanfront resort is known for its private beach, marina, spa, and strong appeal among leisure travelers. The transaction reflects continued investor demand for high-end resort properties in destination markets despite ongoing economic uncertainty. Financial terms of the deal were not disclosed. Read more.

Salem's hotel market is expanding with several new properties either under construction or in development, adding hundreds of rooms to meet rising visitor demand. Local tourism officials say the additional capacity will help the city host larger events, attract more overnight travelers, and reduce room shortages during peak periods. The new hotels are also expected to support restaurants, retail businesses, and attractions by encouraging longer stays. City leaders view the projects as an investment in Salem's growing tourism economy and long-term economic development. Read more.

Early expectations that the FIFA World Cup would create a surge in hospitality hiring have not materialized. Recent U.S. employment data shows leisure and hospitality jobs declined in June, despite the tournament driving visitor traffic. Analysts say employers may be relying on existing staff, temporary scheduling changes, or waiting until later stages of the event before adding workers. The long-term economic impact is still being closely watched. Read more.

HVS has released its latest U.S. Hotel Development Cost Survey, examining construction costs across hotel segments. The report indicates that development costs have begun to stabilize after several years of sharp increases, although financing and labor remain major challenges. Luxury hotels continue to command the highest per-room development costs, while developers remain cautious about launching new projects. The survey serves as a key benchmark for hotel investors and developers planning future projects. Read more.

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