HOTEL NEWS
Hoteliers share where they're getting the best use out of AIGuest-facing artificial intelligence tools such as chatbots are already making a tangible impact in the U.S. hotel industry.
With three more luxury hotel deals pending, Braemar moves closer to sale goalThe portfolio of luxury properties will trade for a combined $437.5 million.
Remington Hospitality targets full-service hotels to grow third-party management portfolioHotel operator Remington Hospitality is ahead of pace for the year, and its CEO said summer leisure demand is already "fully baked."
Egyptian infrastructure, government initiatives underpin luxury hotel pushTourists and hotel investors both show plenty of interest in Egypt, and experts agree that the country has room to grow despite its constant battle with being perceived as an unstable market.
Guests remember 'how we make them feel,' Fairmont and Raffles CEO saysAccor's Omer Acar shares his views on how luxury hotel guests' expectations are changing and how his brands are adapting to their needs.
Caribe Hospitality sees branded, select-service hotels as path forward in Caribbean and Latin AmericaThe Costa Rica-based ownership company has invested in and is enjoying the benefits of sustainability-minded designs and practices.
Madrid-based Blasson expands hotel portfolio with Four Seasons SevilleFour Seasons Hotels & Resorts is to open its third Spanish hotel, one in Seville, in association with owner Blasson Property Investments, a Spanish investment firm that is steadily adding luxury hotels to its mixed real-estate portfolio.
Pivoting hotel procurement strategy in the wake of war in the Middle EastManesh Balani, managing director of Dubai-based procurement firm Orsini SPI, joined “The Upgrade: EMEA Hospitality News” podcast to discuss how the U.S.-Iran war forced his company to adapt its strategy for meeting the supply needs of its hotel clients in the region.
Inside a hotelier's labor of love to restore a nearly 100-year-old Texas hotelThe Faust Hotel returned to service after a $10 million renovation as New Braunfels, Texas, continues to expand.
Faced with heavy US sanctions, Spanish hotel firms Iberostar and Meliá exit CubaSeveral Spain-based hotel companies with global portfolios have opted to withdraw from Cuba amid concerns with partnerships with Cuban state-owned Grupo de Gaviota.
Hotel execs delve into strategy pivots to adapt to changing conditionsLower World Cup travel demand and newer AI capabilities mean hoteliers have to stay on their toes to try to achieve the best outcome.
Consumer spending, strong labor market lift full-year expectations for hotel industryAncillary revenue generators such as food and beverage, golf, and spa and wellness have attributed to better-than-expected U.S. hotel performance.
CoStar World News for June 4Singapore hotel to get new owner; Global conflict reduces UK property price expectations; France attracts data center, logistics investment
Featured
5 things to know
5 things to know
Ownership
REIT to sell the hotel for $279 million
Ownership
Sale
Detroit company has deals to acquire Mississippi site, take full ownership of Atlantic City property
Sale
Video
People
Exec says operator is leaning into experiential travel geared toward younger generations
People
Analytics
Rate-driven growth intensifies as tournament begins
Analytics
5 things to know
5 things to know
People
Past acquisitions set up company to grow further in Latin America
People
Ownership
After years of challenges, publicly traded hotel REIT sector seeing some upside
Ownership
Multifamily
Firm still holds three noteworthy properties
Multifamily
Video
Ownership
Bid-ask gap continues to narrow
Ownership
Operations
The ultra-modern Koenigshof replaces a property that defined the city for 160 years
Operations
Ownership
REIT plans to sell two to three more hotels to pay off $480 million termination fee
Ownership
Brands
Commercial hospitality platform sees opportunity in Belize, Turks and Caicos
Brands
People
Investors want more clarity from Pat Pacious' successor
People
Brands
Live experiences will only increase in importance to Las Vegas market, chief financial officer says
Brands
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
United Kingdom
Investors drawn to rising middle classes’ propensity for trips, experiences
United Kingdom
United Arab Emirates
It's the first prominent hotel deal in UAE since the latest war in Iran began
United Arab Emirates
Egypt
Country bridging Middle East and Africa battles with perception as unstable market
Egypt
Cuba
Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
Cuba
United States
Costa Rica-based owner finds value in sustainability efforts
United States
Italy
Italian real estate firm debuts in UK hotel market
Italy
Podcast
Saudi Arabia
Project flexibility, government initiatives crucial to overcome global supply disruption
Saudi Arabia
United Kingdom
Andalusian hotel will be Four Seasons’ third Spanish hotel
United Kingdom
United Kingdom
UKHospitality predicts 574 hotels will close across the country in 2026
United Kingdom
United Kingdom
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
United Kingdom
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
United States
Tourist demand for Europe remains strong but is shifting
United States
The German hotel industry, sources say, is not going through wholesale distress, more so a correction that is providing hoteliers, investors and lenders an opportunity in what remains Europe’s largest economy.
Lenders leverage alternative hotel financing to fill in the gaps
Hotel developers are finding more ways to use EB-5 and CPACE debt options for their projects.
Rebel Hotel Company targets growth in ultra luxury
The strategy shift reflects investor interest in smaller, higher-end hotels.
Hotel experts express confidence in capital market trends
The most favorable hotel investment opportunities are in upscale and lifestyle properties, experts say.
Colonial-era hotels give guests a taste of history as America turns 250
These four U.S. inns are giving guests centuries-old experiences.
The wait for lower cost of debt continues for US hoteliers
The Federal Open Markets Committee voted to hold the federal funds rate steady as inflation has accelerated.
Featured
5 things to know
5 things to know
Ownership
REIT to sell the hotel for $279 million
Ownership
Sale
Detroit company has deals to acquire Mississippi site, take full ownership of Atlantic City property
Sale
Video
People
Exec says operator is leaning into experiential travel geared toward younger generations
People
Analytics
Rate-driven growth intensifies as tournament begins
Analytics
5 things to know
5 things to know
People
Past acquisitions set up company to grow further in Latin America
People
Ownership
After years of challenges, publicly traded hotel REIT sector seeing some upside
Ownership
Multifamily
Firm still holds three noteworthy properties
Multifamily
Video
Ownership
Bid-ask gap continues to narrow
Ownership
Operations
The ultra-modern Koenigshof replaces a property that defined the city for 160 years
Operations
Ownership
REIT plans to sell two to three more hotels to pay off $480 million termination fee
Ownership
Brands
Commercial hospitality platform sees opportunity in Belize, Turks and Caicos
Brands
People
Investors want more clarity from Pat Pacious' successor
People
Brands
Live experiences will only increase in importance to Las Vegas market, chief financial officer says
Brands
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
United Kingdom
Investors drawn to rising middle classes’ propensity for trips, experiences
United Kingdom
United Arab Emirates
It's the first prominent hotel deal in UAE since the latest war in Iran began
United Arab Emirates
Egypt
Country bridging Middle East and Africa battles with perception as unstable market
Egypt
Cuba
Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
Cuba
United States
Costa Rica-based owner finds value in sustainability efforts
United States
Italy
Italian real estate firm debuts in UK hotel market
Italy
Podcast
Saudi Arabia
Project flexibility, government initiatives crucial to overcome global supply disruption
Saudi Arabia
United Kingdom
Andalusian hotel will be Four Seasons’ third Spanish hotel
United Kingdom
United Kingdom
UKHospitality predicts 574 hotels will close across the country in 2026
United Kingdom
United Kingdom
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
United Kingdom
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
United States
Tourist demand for Europe remains strong but is shifting
United States
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