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HOTEL NEWS

Hotel development in India booms as access to smaller cities growsIndian development of infrastructure and connectivity, notably in secondary and tertiary cities, is sparking aggressive growth push from the branded hotel sector as companies take advantage of an undersupplied space.
Earnings
Hilton sees strong underlying performance amid macroeconomic 'noise'Hilton's revenue per available room increased 3.9% year-over-year in the second quarter.
Optimism for hotel deals builds for second half of 2026Hold strategies, debt costs and interested capital among the drivers for sales.
Costs still surging, but London hotel operators enjoy upsideTo counter higher expenses, hoteliers focus on guest programming and providing value vis-à-vis average daily rate increases to maximize profitability.
Podcast
World Cup created some unforeseen benefits for hoteliers across the USThe latest episode of "Tell Me More: A Hospitality Data Podcast" brought some unforeseen surprises to light surrounding this summer's hotel performance around the 2026 FIFA World Cup.
Summer of sports in New York City encapsulates tailgate tourism trendFans seek experiences outside of bank-breaking game tickets, and the hospitality industry has been able to benefit.
Earnings
Wyndham execs express optimism for full year despite international weaknessEurope and Latin America weighed down the global hotel company's second-quarter results.
Earnings
Analysts wait to see how optimistic hotel companies will be following strong first half of 2026Significant outlook improvements could boost stocks for publicly traded hotel brands and real estate investment trusts.
Route 66 motels offer retro stays along the Mother RoadThese historic properties still dot the 100-year-old Main Street of America.

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Featured
    5 things to know
    5 things to know
    Headlines for Aug. 7
    1. Kensico Properties refinances Manhattan hotel
    2. Judge approves settlement from 2019 Hard Rock New Orleans collapse
    3. Recap from first day of Hotel Data Conference
    4. First Hospitality assumes management of five hotels
    5. US employers cut 23,000 jobs in July
    Sale
    Sunstone raises outlook as hotel values rebound
    Blackstone deal gives hospitality REIT fresh capital for share repurchases, investments
    Sale
    Earnings
    Earnings
    Ownership
    Summit Hotels CEO: Second-quarter success about 'more than the World Cup'
    Business, group travel see rebound for summer
    Ownership
    Ownership
    After missed opportunity, Mast Capital buys Islands of Islamorada Resort in favored Keys market
    Villa owners will have opportunity to offer nightly rentals
    Ownership
    Brands
    Accor and InterGlobe to invest in six Indian hotel firms
    The two partners cancel a planned merger with Treebo
    Brands
    5 things to know
    5 things to know
    Headlines for Aug. 6
    1. Accor, InterGlobe plan deals with six Indian hotel firms
    2. On back of record rooms opening, Choice upgrades full-year outlook
    3. US hotels post full sweep of positive metrics
    4. Only 20% of Cypriot hotels licensed as deadline looms
    5. Peninsula Hotels’ parent to renovate Hong Kong and Tokyo properties
    Opinions
    Guest experience begins well before check-in
    Hoteliers should be mindful of their digital presence
    Opinions
    Earnings
    Earnings
    Brands
    Marriott raises full-year outlook on outperformance, hotel demand expectations
    CEO says brand company in ongoing discussion with owners upset over loyalty reimbursements
    Brands
    Ownership
    The US hotels deals market is getting more competitive, DiamondRock CEO says
    Hotel REIT is seeing stronger bids from private equity and may still be a net seller in 2026
    Ownership
    Brands
    Parent company of Peninsula Hotels plans major renovations at Tokyo, Hong Kong properties
    Return to profitability drives firm's reinvestment in its portfolio
    Brands
    Opinions
    Are AI-powered RFP responses really good for hotel group sales?
    While the new tech might help hotel salespeople respond quicker, their pitches might not stand out
    Opinions
    Earnings
    Earnings
    Brands
    Hyatt sees second quarter buoyed by high-end guests
    CEO Mark Hoplamazian expects busy rest of the year for rooms growth
    Brands
    Earnings
    Earnings
    Ownership
    Major events, strong travel demand gave Pebblebrook pricing confidence in second quarter
    Resorts portfolio and San Francisco hotels drove big results
    Ownership
    Opinions
    AI is quietly destroying the hotel leadership pipeline
    Don’t automate away the training ground where hospitality leaders are supposed to learn the business
    Opinions
    Earnings
    Earnings
    Brands
    Robust Accor half-year hotel performance dampened by continued Middle East declines
    Accor’s hotel count nearing 7,500 including development pipeline
    Brands
    Earnings
    Earnings
    Brands
    Events, convention-related demand drive record results for MGM Resorts in second quarter
    Special committee evaluating acquisition bid from People Inc.
    Brands
    Finance
    Accor signs definitive sale agreement for its stake in Essendi
    The hotel industry giant has reached an agreement with the consortium formed by Blackstone and Colony IM for up to €975 million
    Finance
    Brands
    Hospitality Industry Stock Tracker
    Here’s a Live Overview of What’s Happening in the Market Today
    Brands
    International News
      Spain
      Petra refinances Spanish hotel portfolio worth €500 million
      Sites had been acquired in 2023 on behalf of Adia
      Spain
      Saudi Arabia
      Alibad Capital to manage new fund in Saudi Arabia, develop two Marriott hotels in Medina
      Project has total investment of $393 million, includes 295 branded residential units
      Saudi Arabia
      Vietnam
      Accor set sights on further 5,300 Vietnam hotel rooms in Sun Group deal
      By hotel count, Vietnam is Accor’s third-largest market in Asia
      Vietnam
      Russia
      Russia's hotel openings pace declines significantly
      High borrowing costs and construction delays stymie growth of hospitality sector
      Russia
      Australia
      Redcape to acquire three hotels in New South Wales
      Deal is one of the largest single freehold hotel transactions in Australian history
      Australia
      Sweden
      Scandic secures flexibility with new financing framework
      New debt capacity allows for expansion, including taking over Dalata operations
      Sweden
      Spain
      Eurazeo exits Spain’s FST Hotels
      Grape Hospitality continues management of three Spanish properties involved in deal
      Spain
      India
      India's hotels attract investment from outside the travel industry
      Investors drawn to rising middle classes’ propensity for trips, experiences
      India
      Cuba
      Faced with heavy US sanctions, Spanish hotel firms Iberostar and Meliá exit Cuba
      Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
      Cuba
      Podcast
      Podcast
      Saudi Arabia
      Pivoting hotel procurement strategy in the wake of war in the Middle East
      Project flexibility, government initiatives crucial to overcome global supply disruption
      Saudi Arabia
      United States
      European tourism robust but increasingly fragmented
      Tourist demand for Europe remains strong but is shifting
      United States
      Hoteliers confident in stable US demand trends despite persistent cost increases
      By Terence Baker
      CoStar News Hotels recaps the Hotel Data Conference with takeaways from the event.
      Earnings
      'Outsized rate growth' in first half of year, expected stability in second lead Host to raise outlook
      The hotel REIT has nearly completed its renovation program of its Hyatt Hotels Corp.-branded properties and is making progress on its Marriott International-branded ones.
      The hotel REIT has nearly completed its renovation program of its Hyatt Hotels Corp.-branded properties and is making progress on its Marriott International-branded ones.
      Earnings
      Choice shifts priorities to net unit growth under interim CEO
      The hotel brand company increased its full-year 2026 outlook across several metrics.
      The hotel brand company increased its full-year 2026 outlook across several metrics.
      Earnings
      Expedia Group continues B2B growth, acquires AI platforms
      Online travel agency Expedia Group achieved a 6% increase in booked room nights in the second quarter.
      Online travel agency Expedia Group achieved a 6% increase in booked room nights in the second quarter.
      Podcast
      The good and bad of China's travel outlook
      Analysts are increasingly worried over domestic travel weakness in China the world's second most populous country.
      Analysts are increasingly worried over domestic travel weakness in China the world's second most populous country.
      Distress helps drive California hotels deals pace in first half of year
      The relative higher cost of debt combined with lower property valuations is expected to keep the hotel deals rolling in 2026.
      The relative higher cost of debt combined with lower property valuations is expected to keep the hotel deals rolling in 2026.
      Featured
        5 things to know
        5 things to know
        Headlines for Aug. 7
        1. Kensico Properties refinances Manhattan hotel
        2. Judge approves settlement from 2019 Hard Rock New Orleans collapse
        3. Recap from first day of Hotel Data Conference
        4. First Hospitality assumes management of five hotels
        5. US employers cut 23,000 jobs in July
        Sale
        Sunstone raises outlook as hotel values rebound
        Blackstone deal gives hospitality REIT fresh capital for share repurchases, investments
        Sale
        Earnings
        Earnings
        Ownership
        Summit Hotels CEO: Second-quarter success about 'more than the World Cup'
        Business, group travel see rebound for summer
        Ownership
        Ownership
        After missed opportunity, Mast Capital buys Islands of Islamorada Resort in favored Keys market
        Villa owners will have opportunity to offer nightly rentals
        Ownership
        Brands
        Accor and InterGlobe to invest in six Indian hotel firms
        The two partners cancel a planned merger with Treebo
        Brands
        5 things to know
        5 things to know
        Headlines for Aug. 6
        1. Accor, InterGlobe plan deals with six Indian hotel firms
        2. On back of record rooms opening, Choice upgrades full-year outlook
        3. US hotels post full sweep of positive metrics
        4. Only 20% of Cypriot hotels licensed as deadline looms
        5. Peninsula Hotels’ parent to renovate Hong Kong and Tokyo properties
        Opinions
        Guest experience begins well before check-in
        Hoteliers should be mindful of their digital presence
        Opinions
        Earnings
        Earnings
        Brands
        Marriott raises full-year outlook on outperformance, hotel demand expectations
        CEO says brand company in ongoing discussion with owners upset over loyalty reimbursements
        Brands
        Ownership
        The US hotels deals market is getting more competitive, DiamondRock CEO says
        Hotel REIT is seeing stronger bids from private equity and may still be a net seller in 2026
        Ownership
        Brands
        Parent company of Peninsula Hotels plans major renovations at Tokyo, Hong Kong properties
        Return to profitability drives firm's reinvestment in its portfolio
        Brands
        Opinions
        Are AI-powered RFP responses really good for hotel group sales?
        While the new tech might help hotel salespeople respond quicker, their pitches might not stand out
        Opinions
        Earnings
        Earnings
        Brands
        Hyatt sees second quarter buoyed by high-end guests
        CEO Mark Hoplamazian expects busy rest of the year for rooms growth
        Brands
        Earnings
        Earnings
        Ownership
        Major events, strong travel demand gave Pebblebrook pricing confidence in second quarter
        Resorts portfolio and San Francisco hotels drove big results
        Ownership
        Opinions
        AI is quietly destroying the hotel leadership pipeline
        Don’t automate away the training ground where hospitality leaders are supposed to learn the business
        Opinions
        Earnings
        Earnings
        Brands
        Robust Accor half-year hotel performance dampened by continued Middle East declines
        Accor’s hotel count nearing 7,500 including development pipeline
        Brands
        Earnings
        Earnings
        Brands
        Events, convention-related demand drive record results for MGM Resorts in second quarter
        Special committee evaluating acquisition bid from People Inc.
        Brands
        Finance
        Accor signs definitive sale agreement for its stake in Essendi
        The hotel industry giant has reached an agreement with the consortium formed by Blackstone and Colony IM for up to €975 million
        Finance
        Brands
        Hospitality Industry Stock Tracker
        Here’s a Live Overview of What’s Happening in the Market Today
        Brands
        International News
          Spain
          Petra refinances Spanish hotel portfolio worth €500 million
          Sites had been acquired in 2023 on behalf of Adia
          Spain
          Saudi Arabia
          Alibad Capital to manage new fund in Saudi Arabia, develop two Marriott hotels in Medina
          Project has total investment of $393 million, includes 295 branded residential units
          Saudi Arabia
          Vietnam
          Accor set sights on further 5,300 Vietnam hotel rooms in Sun Group deal
          By hotel count, Vietnam is Accor’s third-largest market in Asia
          Vietnam
          Russia
          Russia's hotel openings pace declines significantly
          High borrowing costs and construction delays stymie growth of hospitality sector
          Russia
          Australia
          Redcape to acquire three hotels in New South Wales
          Deal is one of the largest single freehold hotel transactions in Australian history
          Australia
          Sweden
          Scandic secures flexibility with new financing framework
          New debt capacity allows for expansion, including taking over Dalata operations
          Sweden
          Spain
          Eurazeo exits Spain’s FST Hotels
          Grape Hospitality continues management of three Spanish properties involved in deal
          Spain
          India
          India's hotels attract investment from outside the travel industry
          Investors drawn to rising middle classes’ propensity for trips, experiences
          India
          Cuba
          Faced with heavy US sanctions, Spanish hotel firms Iberostar and Meliá exit Cuba
          Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
          Cuba
          Podcast
          Podcast
          Saudi Arabia
          Pivoting hotel procurement strategy in the wake of war in the Middle East
          Project flexibility, government initiatives crucial to overcome global supply disruption
          Saudi Arabia
          United States
          European tourism robust but increasingly fragmented
          Tourist demand for Europe remains strong but is shifting
          United States
          Categories