Trinity Investments sells JW Marriott Phoenix Desert Ridge to Ryman Hospitality for $865 million
Sale follows $100 million renovation
Trinity Investments has sold the JW Marriott Phoenix Desert Ridge Resort & Spa to real estate investment trust Ryman Hospitality Properties for $865 million.
Caribbean hoteliers seek more regional sources for travel demand, construction materials
Regional travel fees for Caribbean citizens in the spotlight
CORAL GABLES, Florida — The Caribbean's proximity to the United States makes it particularly vulnerable to ripple effects caused by trade, tariffs and tourism changes on the mainla...
Driftwood Capital’s new luxury and lifestyle division to seek hotel deals domestically and overseas
Aspen Hospitality and Four Seasons veteran Alinio Azevedo leads the charge
CORAL GABLES, Florida — Driftwood Capital is zeroing in on luxury and lifestyle hotels and branded residences. To oversee its new management, investment and development platform, t...
Global hotel brand companies are bullish on long-term opportunities in Latin America, Caribbean
Strong intra-regional travel and local financing partners keep region attractive
CORAL GABLES, Florida — Hotel brand leaders are all-in on expansion in Latin America and the Caribbean, where they're accustomed to taking a long-term view.
Apple Hospitality REIT still buying and selling amid 'challenging' transactions market
Government travel pullback affected the real estate investment trust's demand
Despite what Apple Hospitality REIT CEO Justin Knight called a “challenging” transactions market, the hospitality-focused real estate investment trust is in buy-and-sell mode, thou...
Caribbean, Latin American hoteliers confident in their resilience amid challenges from the US
Travelers from Canada, Europe bolster CALA region's outlook
CORAL GABLES, Florida — Resilience has always been the name of the hotel game in Latin America and the Caribbean, driven by unpredictable and devastating hurricanes, shaky governme...
The two 'U-words' I'm hearing now
The second is not what you'd expect
Two “U-words” are making the rounds of the global hotel circuit right now. I think you can guess the first one?
Beware of recency bias, hotel analysts say
Tell Me More podcast hosts give some clarity amid uncertainty
The hosts of Tell Me More: A Hospitality Data Podcast, tried to get through their latest episode without saying the "U" word — uncertainty.
Hotel News Now's new era as CoStar News begins
What's in a name? The people behind it
By now you may have noticed some of the changes we're making here at Hotel News Now, the first being just that — our name.
IHG Hotels & Resorts grows high-end brands and conversions globally
Chief Development Officer Americas Julienne Smith shares updates on Regent, Voco, Ruby brands and more
From the luxury Regent brand's U.S. revival to the acquisition of an "urban-micro" hotel brand, IHG Hotels & Resorts is on a global growth streak.
Storytelling is the North Star at Olympia Hospitality's boutique hotels
History, sense of place boost boutique hotel appeal for today's travelers
John Schultzel loves the branding exercise.
US-Canada tensions spell travel chaos
Hotels never benefit from uncertainty
We're keeping a close eye on Canada these days from the HNN newsroom.
Summit Hotel Properties completes $275 million term loan refinancing
Proceeds will go toward paying down senior notes debt
Hotel real estate investment trust Summit Hotel Properties closed on a $275 million senior unsecured term loan it will use to repay debt.
Wyndham CEO Geoff Ballotti shares why he's bullish on economy, midscale segments
Lower-end hotels are 'a very resilient piece of our country's hotel industry,' executive says
ATLANTA — Economy hotel demand in the U.S. has suffered in the last year, but Wyndham Hotels & Resorts CEO Geoff Ballotti has confidence in the segment's short- and long-term healt...
Positive change for women is a marathon, not a sprint
We're here for a lot longer than just this month
We're nearly to the end of March, wrapping up this year's Women's History Month.
While Wall Street hesitates, Main Street hotel investors make deals
Smaller owner-operators are finding and seizing opportunities to build, transact
ATLANTA — Whether it's a good time to buy in the hotel industry depends on what street you're standing on.
Hotel data analysts drill down into market uncertainty ahead of forecast revision
Tell Me More podcast hosts reinforce the importance of focusing the data
ATLANTA — The effects of geopolitical uncertainty on the hotel industry are playing out in real time.
Wall Street investors not quite ready to return to US hotel deals
High cost of capital, shaky consumer confidence keeping big private equity on the sidelines
ATLANTA — Large private equity investors in hotels are confident they’ll return in force to hospitality — just not right now.
Economy stands center stage for hospitality industry with conflicting outlooks
Hotel owners with development projects should budget for tariffs
ATLANTA — On the second day of the Hunter Hotel Investment Conference, experts presented contrasting thoughts on where the United States economy is, how external factors are affect...
Hotel executives preach patience as industry braces for volatility
US policy changes headline uncertainty as hoteliers consider possibility of recession
ATLANTA — Hotel transactions pace remains mostly inert. Trade wars could threaten international inbound travel demand to the U.S. And now thought leaders in the hotel industry aren...