HOTEL NEWS
Global Report
CoStar World News for Aug. 14Government investment boosts Egypt’s hotel business; Foreign investors take bigger share of UK real estate deals; French retail property sales gain momentum
Hoteliers prepare to take on a bumpy futureCoStar News Hotels recaps the second day of the 2025 Hotel Data Conference.
Video
US hoteliers brace for performance declines as demand drop persistsDuring the first day of the 2025 Hotel Data Conference, industry analysts presented a more muted U.S. hotel forecast amid a demand plateau as business travel hasn't returned to peak levels.Earnings
Apple REIT execs encouraged by improving consumer sentimentThough Apple Hospitality REIT has lowered its performance expectations for 2025, executives during the company's second-quarter earnings call spoke about positive signs for the industry.Sports-anchored San Diego project looks to score business from nearby Gaylord mega resortDevelopers are aiming to bring a tennis training facility, water polo academy and stadium to a site near the Chula Vista waterfront.
Earnings
Sunstone sees major market variation in second-quarter performanceSunstone Hotel Investors' second-quarter performance varied heavily by market, thanks to slower leisure and government demand segments and other headwinds.Earnings
Summit's demand outlook stabilizes after weaker second quarterDuring the hotel real estate investment trust's second-quarter 2025 earnings call, Summit Hotel Properties CEO Jonathan Stanner spoke about demand stabilizing and showing signs of incremental improvement in the months ahead.Global Report
CoStar World News for Aug. 7Spanish firm buys majority stake in Greek hotelier; Blackstone prices UK’s largest CMBS sale since financial crisis; Climate risks could weigh on Europe investmentsKS Hotels & Resorts to acquire Park Hyatt MelbourneKS Hotels & Resorts has acquired the 245-room Park Hyatt Melbourne for approximately AU$205 million, the largest hotel transaction in Australia in 2025.
Earnings
International hotel performance buffers Marriott against weaker US, Canada numbersDuring the company's second-quarter earnings call, Marriott International executives spoke about higher expectations for fourth-quarter performance as international hotel demand outpaces U.S. and Canada. Government initiatives, devalued currency help Egypt’s hotel industry flourishHotel development continues to ramp up in Egypt, where hoteliers are bracing for a twofold growth in the number of foreign tourists by 2028. But the African nation is dealing with challenges such as currency devaluation, administrative barriers and climate change.
Earnings
Park Hotels & Resorts leverages portfolio renovations, development instead of acquisitionsThe real estate investment trust's executives say they're on track to sell up to $400 million in asset value by year's end.Earnings
Xenia sees outsize gains in second-quarter performanceXenia Hotels & Resorts CEO Marcel Verbaas said "both revenues and hotel EBITDA increased significantly compared to the same period last year" on the company's second-quarter earnings call.How Hyatt evolved its business strategy through acquisitions and new brandsIn order to get the full picture of where Hyatt is today, it's important to take a closer look at each of the recent major milestones the company has reached.
Earnings
Leisure demand, higher rates drive performance for Host HotelsDuring the company's second-quarter earnings call, Host Hotels & Resorts CEO Jim Risoleo said the REIT benefited from the ongoing recovery in Maui that helped bring in more leisure demand. Ashford extends loan tied to its 'most valuable' hotelsAshford CEO said the loan extension offers the REIT runway to secure long-term financing at a lower interest rate in future.
Accor warns of foreign-exchange hits despite half-year earnings gainsIn its first half of the year, Accor's hotel metrics improved, but executives anticipate tougher comparisons in the second half of 2025 due to last year's Summer Olympics.
Featured
5 things to know
5 things to know
Analytics
Houston and Las Vegas markets showed the biggest declines
Analytics
Opinions
The hotel industry golden age is always six months away
Opinions
Brands
Empowering hotel staff more important than ever for revenue-generating opportunities
Brands
Analytics
Understanding context behind the numbers vital for hoteliers from market to market, analyst says
Analytics
Ownership
Former owner Samjeong collapsed following Busan hotel fire, deaths
Ownership
5 things to know
5 things to know
Analytics
US hotels show drop in group demand, international travel
Analytics
Operations
Why offering BNPL loans is about 'opening the aperture,' generating new business
Operations
Earnings
Earnings
Brands
Online travel agency increased full-year outlook as other travel companies cut
Brands
Earnings
Opinions
Wording, required fields and form placement matter
Opinions
Earnings
Earnings
Brands
Sale of 15 recently acquired resorts denotes company's asset-light transformation
Brands
Earnings
Earnings
Ownership
CEO expects improvement in fourth quarter from easier comparisons, updated hotels
Ownership
Brands
The three hotel firms operate 154 hotels, nearly all in India
Brands
Earnings
Earnings
Brands
Brand company consolidates franchising model with purchase of remaining stake in Choice Hotels Canada
Brands
Hospitality
Plans to overhaul Blackstone-owned skyline fixture land ahead of pending sale agreement
Hospitality
Development
Hollywood Premiere's design recalls the romance of the the mid-century road trip
Development
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Egypt
Climate change might be highest hurdle in North Africa
Egypt
Spain
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Spain
Greece
Performance varies market by market in Mediterranean country
Greece
Ireland
The Irish company previously rejected an offer worth €1.27 billion
Ireland
South Africa
Brands, property owners and operators must collaborate to achieve return on investment
South Africa
Spain
The resort last changed hands in 2021 in a portfolio with additional hotels
Spain
Congo
Lenders shy away from large swaths of the continent due to risk and uncertainty
Congo
Japan
Ishin has 17 urban hotels in its portfolio
Japan
South Africa
Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
South Africa
Hungary
Ownership consortium headed by Hungarian prime minister’s son-in-law
Hungary
Singapore
Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
Singapore
United Kingdom
Approximately 225 hotels being used by migrants, down from more than 400 in 2023
United Kingdom
Philippines
New hotels in The Philippines will be affiliated with Radisson Hotel Group brands
Philippines
Australia
Banks set performance targets with green loans
Australia
Spain
The budget brand is open to franchising
Spain
The Garden District Hotel and its sister property, The Blackbird Hotel, feature uniquely designed escapes for tourists and locals alike.
Hotel distribution strategies must evolve to match consumer behavior
Experts speaking at the 17th annual Hotel Data Conference said the rise in consumer-facing artificial intelligence marks a shift in how guests find hotel and brand information.
Podcast
Southern Europe hotel performance continues to shine
STR's William Anns talks about the impact of the Oasis tour and other major events in Europe on latest EMEA podcast.
Earnings
Hotel industry leaders present rocky but optimistic outlook for rest of 2025
Signs point to a tough third quarter but a brighter end to the year.
Post-COVID hotel occupancy recovered, plateaued more quickly than previous cycles
STR Senior Director of Analytics Isaac Collazo compared the U.S. hotel recoveries in two, six-year periods following the Great Recession and the COVID-19 pandemic, which behaved quite differently.
Podcast
Hotel revenue managers have held strong on pricing, says industry expert
The hotel industry at large seems to learned its lesson on weathering demand shocks, said Sage Hospitality Group's Priya Chandnani.
Featured
5 things to know
5 things to know
Analytics
Houston and Las Vegas markets showed the biggest declines
Analytics
Opinions
The hotel industry golden age is always six months away
Opinions
Brands
Empowering hotel staff more important than ever for revenue-generating opportunities
Brands
Analytics
Understanding context behind the numbers vital for hoteliers from market to market, analyst says
Analytics
Ownership
Former owner Samjeong collapsed following Busan hotel fire, deaths
Ownership
5 things to know
5 things to know
Analytics
US hotels show drop in group demand, international travel
Analytics
Operations
Why offering BNPL loans is about 'opening the aperture,' generating new business
Operations
Earnings
Earnings
Brands
Online travel agency increased full-year outlook as other travel companies cut
Brands
Earnings
Opinions
Wording, required fields and form placement matter
Opinions
Earnings
Earnings
Brands
Sale of 15 recently acquired resorts denotes company's asset-light transformation
Brands
Earnings
Earnings
Ownership
CEO expects improvement in fourth quarter from easier comparisons, updated hotels
Ownership
Brands
The three hotel firms operate 154 hotels, nearly all in India
Brands
Earnings
Earnings
Brands
Brand company consolidates franchising model with purchase of remaining stake in Choice Hotels Canada
Brands
Hospitality
Plans to overhaul Blackstone-owned skyline fixture land ahead of pending sale agreement
Hospitality
Development
Hollywood Premiere's design recalls the romance of the the mid-century road trip
Development
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Egypt
Climate change might be highest hurdle in North Africa
Egypt
Spain
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Spain
Greece
Performance varies market by market in Mediterranean country
Greece
Ireland
The Irish company previously rejected an offer worth €1.27 billion
Ireland
South Africa
Brands, property owners and operators must collaborate to achieve return on investment
South Africa
Spain
The resort last changed hands in 2021 in a portfolio with additional hotels
Spain
Congo
Lenders shy away from large swaths of the continent due to risk and uncertainty
Congo
Japan
Ishin has 17 urban hotels in its portfolio
Japan
South Africa
Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
South Africa
Hungary
Ownership consortium headed by Hungarian prime minister’s son-in-law
Hungary
Singapore
Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
Singapore
United Kingdom
Approximately 225 hotels being used by migrants, down from more than 400 in 2023
United Kingdom
Philippines
New hotels in The Philippines will be affiliated with Radisson Hotel Group brands
Philippines
Australia
Banks set performance targets with green loans
Australia
Spain
The budget brand is open to franchising
Spain
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