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CITIZENM BOSTON BACK Bay is now open in Boston. The 15-story, 399-room tower is the company's largest property to date and its second hotel in the city. The Netherlands-based citizenM, led by founder and chief brand officer Robin Chadha, currently operates 15 hotels in the U.S. Asian HospitalityLocated in the mixed-use Lyrik development in Back Bay, the hotel was designed by citizenM's long-time partner, concrete Amsterdam, with local firm Elkus Manfredi also contributing to the project, citizenM said in a statement. The hotel shares a campus with the new LEGO office and is near Fenway Park and Newbury Street. "We are thrilled to open the doors to our second Boston location, and what will be the largest hotel in our global portfolio," said Chadha. "Boston is known for its creative expression and captivating stories, and, likewise citizenM will spotlight locally inspired works of art and exciting opening campaigns with Boston citizens at the forefront. The Back Bay neighborhood is a historic area, featuring delicious eateries and bustling small businesses-we are excited to become part of this community and the Lyrik development. With our curated selection of artwork, rooftop bar and this prime location, citizenM Boston Back Bay will be the go-to spot for vibrant offerings and stunning city views."

U.S. HOTEL PERFORMANCE saw a significant increase in the first week of December compared to the previous week, with improvements in hotel occupancy, ADR and RevPAR, according to CoStar. Year-over-year results also reflected positive trends. Occupancy rose to 58.7 percent for the week ending Dec. 9, up from the previous week's 54.2 percent, reflecting a year-over-year decrease of 1.1 percent. ADR increased to $153.36, compared to the previous week's $144.88, showing a 4.5 percent uptick from the prior year. RevPAR also soared to $89.98, compared to the prior week's $78.54, indicating a 3.3 percent decrease from the corresponding period in 2022. Among the top 25 markets, Boston saw the largest year-over-year occupancy increase, surging by 4.1 percent to 72.7 percent. Helped by Miami Art Week and Art Basel, Miami reported significant increases in ADR, soaring 48.8 percent to $314.55, and RevPAR, jumping 67 percent to $262.16.