Earlier in the year, most publicly traded hotel companies downgraded their full-year 2025 outlook as tariffs were unveiled by the U.S. and sentiment from international travelers weakened.
A joint-venture acquisition of Ireland-based Dalata Hotel Group is now complete as Dalata has officially delisted its shares from Euronext Dublin and the London Stock Exchange.
Sunstone Hotel Investors executives addressed outside noise to pursue a sale of some assets or the entire company during its third-quarter earnings call.
The pieces are aligned for a potentially stronger fourth quarter and 2026, but the external factors weighing down the hotel industry have executives at Pebblebrook Hotel Trust approaching the short term more cautiously.
RLJ Lodging Trust executives celebrated relatively strong performance in urban markets — particularly San Francisco — but macroeconomic headwinds including the ongoing government shutdown weighed down performance for the real estate investment trust in the third quarter.
With Host Hotels & Resorts’ portfolio focused on higher-end hotels, the ongoing bifurcation of travel demand has allowed the company to raise its full-year outlook.
With net losses and declining hotel performance, Summit Hotel Properties executives touted well-managed spending, recently closed sales and growing market share while looking forward to major event opportunities in the new year on the real estate investment trust's third-quarter earnings call.
While travel fundamentals remain strong, the external factors pressing down on the hotel industry continue to create a drag on Apple Hospitality REIT’s hotels.
Hotel room revenues dropped more than 6% year over year in the third quarter for Park Hotels & Resorts, and company officials are lowering their fourth-quarter projections. But Park executives stress the company remains in a strong position financially.
With headwinds from a slowdown in travel and tough comparisons in Houston, Xenia Hotels & Resorts executives pointed to steady group performance as a reason for optimism for the remainder of the year.