Hotel developer scores 15-property deal to open Hyatt Studios across key US markets
Caliber to take the concept to Arizona, Colorado, Nevada, Texas and Louisiana
Scottsdale, Arizona-based real estate developer Caliber Hospitality Development will be working with Hyatt Hotels Corp. to open 15 new Hyatt Studios locations in the United States.
Hotel Indigo's next era of global growth includes resorts, conversions
IHG's boutique-style brand is doubling its footprint
Originally launched in 2004, Hotel Indigo, now evolved as an upper-upscale boutique brand, is unrecognizable two decades later from its midscale, prototypical beginnings.
Sunstone counts on conversions, renovations to bolster business in 2025
REIT adjusts outlook following resort reopening delay, market volatility
After consequential delays, the Andaz Miami Beach has reopened after sweeping renovations to the 287-key hotel — and Sunstone Hotel Investors is betting big on the hotel delivering...
RLJ Lodging's urban-centric hotel portfolio maintains business amid rocky conditions
Hotel REIT posts solid first quarter, adjusts outlook for year
RLJ Lodging Trust's urban-centric portfolio will help the real estate investment trust navigate the rocky waters of macroeconomic uncertainty, executives said on the company's firs...
5 things to know for May 2
Today's headlines: US jobs grew more than expected in April but unemployment unchanged; Tristan Capital Partners to buy EasyHotel; Decline predicted for US inbound international travel in 2025; Latest earnings calls reveal conservative outlooks from hotel CEOs; Lake Tahoe hotel to be renamed in $160 million renovation
Editor's Note: Some linked articles may be behind subscription paywalls.
Hyatt hopeful amid strong first quarter, 'modestly' adjusts outlook
Brand drops full-year RevPAR growth expectations to 1% to 3%
Without ignoring the current macroeconomic challenges, Hyatt Hotels Corp. CEO and President Mark Hoplamazian explained on the company's first-quarter earnings call Thursday that Hy...
Summit expects to power through softening demand following mixed first quarter
Hotel REIT readies for recent renovations to round up returns
Alarm bells aren't quite going off at real estate investment trust Summit Hotel Properties, with CEO John Stanner describing conditions as a "modest pullback in demand" on the comp...
5 things to know for April 30
Today's headlines: US economy contracts in first quarter; Travel to US holds up despite economic woes; Major Chinese markets see signs of hotel demand pickup; Hawaii to raise hotel tax to combat climate change's impact; TripAdvisor reveals top global hotels
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for April 29
Today's headlines: Canadians deliver win to Liberal Party; Hilton CEO shares muted outlook amid uncertainty; LA County workers strike begins; Hospitality software platform to be sold in $1.1 billion deal; Power restored in Europe, investigation into outage ongoing
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for April 28
Today's headlines: Flight prices descend as travel demand wanes; Marriott announces $355M acquisition; European power outage impacts travel, transportation; Hyatt extends acquisition offer of Playa Hotels & Resorts; New Maui hotel makes its debut
Editor's Note: Some linked articles may be behind subscription paywalls.
Outlook reductions, demand disruptors could highlight first-quarter calls for hotel companies
Expect talk of uncertain market, demand softening and stock repurchasing on public company calls
Public hotel companies are set to report their first-quarter earnings beginning this week, but investors on the call won't be tuning in to hear what's happened this year so far — t...
5 things to know for April 25
Today's headlines: Pope's funeral spikes travel interest to Rome; Southwest Airlines pulls 2025 outlook in earnings call; Accor address US trade war in quarterly earnings; California passes Japan in reaching world’s fourth-highest GDP; New train route to connect 2 Gulf Coast cities
Editor's Note: Some linked articles may be behind subscription paywalls.
Driftwood Capital closes 18-hotel, $1.2 billion consolidation deal
The transaction includes properties in Texas, Florida and other high-growth markets
Driftwood Capital has closed a $1.2 billion portfolio consolidation deal that includes a portfolio of 18 hotels with 4,203 rooms across 10 states.
US travelers, airports brace for Real ID impact
New requirement to take effect on May 7
A long-awaited U.S. travel document rule is weeks away from being enforced, and the travel industry must prepare accordingly for resulting challenges.
Atwell Suites finds traction in China, conversion market as young brand comes of age
Launched in 2019, the IHG brand has 50 hotels in its pipeline
After its launch in 2019, Atwell Suites has come into its own, providing accommodations for the modern traveler and finding particular traction in a region the brand's parent compa...
Why economic uncertainty breeds 'hesitation' in all corners of the hotel industry
Amid obstacles, Vision Hospitality Group's Mitch Patel takes hospitality business back to basics
For more than 25 years, Vision Hospitality Group, a hotel management and development company based in Tennessee, has been building hotels, weathering its fair share of storms amid ...
US inbound international travel takes 12% hit as economists postpone pre-pandemic recovery to 2029
As potential recession looms, Americans might shift their travel plans to domestic locations
Whatever hopes the travel industry had in a full recovery to 2019 levels of travel bookings this year have officially been dashed, according to one economist.
Renovations revive 114-year-old Grand Galvez, signaling new era
The 'Queen of the Gulf' plays host to set-jetters and vacationers alike in Texas
An over 100-year-old hotel referred to as the “Queen of the Gulf” has never had more of its original splendor than now thanks to its current ownership — so much so that it had Holl...
Evolving extended-stay market leans toward longer booking windows with shorter hotel stays, exec says
Ryan Rivett of My Place eyes opportunities with changing tides
ATLANTA — The extended-stay hotel market looks a little different these days.
Hotel Equities taps new development partner, expects luxury segment to continue to grow
CEO Brad Rahinsky expects headwinds to calm, high-end opportunities to rise
ATLANTA — Buoyed by a recently announced partnership with a hotel developer, Hotel Equities is seeing major opportunities in the luxury and upper-upscale segments as it looks for i...