HOTEL NEWS
Brookfield acquires Generator Hostels’ European assets for €776 millionAfter eight years of ownership, Queensgate Investments has sold to Brookfield Asset Management its 15 European hotels for a price of €776 million ($869 million).
Hospitality sector in Iran shows resilience in the face of sanctions and economic crisisThe last few years have been tough for Iranian hoteliers, but things have started to improve despite tensions in the Middle East and barriers to travel and investment in the country.
Global hotel brand companies are bullish on long-term opportunities in Latin America, CaribbeanMajor global hotel brands aren't shying away from expansion plans in Latin America and the Caribbean. Instead, they're shoring up their local financing partnerships and betting on long-term fundamentals.
Hoteliers question requirements, accuracy of national French hotel rating systemAccording to a recent report, 60% of French hotels earned extra hotel-ranking stars without improving services under a “minimalist” national rating system.
Earnings
Expedia taps new tech tool following tepid first quarterDespite soft domestic travel, Expedia sees bright spots in AI innovation, B2B growth and new airline partnerships with Southwest and Ryanair.Earnings
Choice Hotels execs champion versatility in guest mix amid economic uncertaintyChoice Hotels International decreased its full-year outlook slightly, but executives speaking during its first-quarter earnings call said the company's versatile guest mix has it well-positioned to continue strong performance through any economic uncertainty.Earnings
IHG Hotels & Resorts CEO hints macroeconomic volatility has already easedIHG Hotels & Resorts is confident it has the tools to weather any macroeconomic wobble, and executives said the recent reduction in political noise is encouraging business and tempering concerns regarding its full-year outlook.Four Seasons rides wave of 'set jetters' with spring campaignAs the latest season of the popular HBO show 'The White Lotus' aired, Four Seasons guests had ways to enjoy their own TV-worthy experiences.
Global Report
CoStar World News for May 8Hotel deal ranks among Denmark’s largest; UK defaults rise; Robotized warehouse comes to life under Paris boulevardEarnings
Ashford Hospitality Trust grapples with DOGE cuts hurting government travelThe hospitality REIT plans to invest in nine hotels this year and is pivoting its sales strategy.Hoteliers look to new Canadian government policies for added business travelA hotel trade association also plans to seek funding to promote domestic vacations rather than in the United States..
Podcast
Hotel Indigo's next era of global growth includes resorts, conversionsIHG Hotels and Resorts is on a mission to double its Hotel Indigo portfolio and open boutique-style hotels around the world. Earnings
Sunstone counts on conversions, renovations to bolster business in 2025On its first-quarter earnings call, Sunstone Hotel Investors celebrated the reopening of Andaz Miami Beach, which REIT execs hope will deliver revenue for the rest of the year.Hotel Equities, Springboard Hospitality join together in strategic mergerHotel Equities and Springboard Hospitality have merged their operations, combining their portfolios of branded select-service and full-service hotels and independent, lifestyle hotels and resorts.
Developers use branded condos to finance luxury hotels as some lenders back offThe demand isn't slowing for residences with names including Dolce & Gabbana and Mercedes-Benz.
Earnings
Marriott lowers its full-year outlook slightly over softening hotel demand concernsDuring Marriott International's first-quarter 2025 earnings call, company executives explained their downward revision of their full-year RevPAR growth expectations. Earnings
Apple Hospitality REIT still buying and selling amid 'challenging' transactions marketApple Hospitality REIT CEO Justin Knight says the company's hotels are actively shifting their business mix away from government business. Earnings
Park Hotels remains steadfast in asset sale goal despite challenging marketPark Hotels & Resorts executives say performance in the first quarter for the hotel-focused REIT was better than expected, and it will continue to sell off at least $300 million in non-core assets this year. Earnings
RLJ Lodging's urban-centric hotel portfolio maintains business amid rocky conditionsDespite posting a solid first quarter, RLJ Lodging Trust has adjusted its outlook for year.Featured
5 things to know
5 things to know
Opinions
Experts share how to leverage this tool for optimizing hospitality financials
Opinions
Operations
ICE raids a cause of concern for some hospitality employers
Operations
Earnings
Earnings
Brands
Hospitality industry continues to wait and see how Trump's policies shake out
Brands
People
Former president and chief operating officer of TPG Hotels succeeds Sloan Dean
People
5 things to know
5 things to know
HNN Blog
HNN Blog
Opinions
Costs and barriers will go up
Opinions
Ownership
Other hotel owners, lenders looking for expertise, exec says
Ownership
Podcast
Podcast
Ownership
Don't underestimate 'the little guy,' exec says
Ownership
Analytics
Top 25 US hotel markets post big losses, but Philadelphia and Boston stand out
Analytics
Retail
Competitors have sweetened deals on different fronts
Retail
$100 million renovation expected to be completed in December
Sale
Owners had tried to hang on to the Signia by Hilton, the city's largest hotel
Sale
Finance
Aspen Hospitality and Four Seasons veteran Alinio Azevedo leads the charge
Finance
Brands
The Standard has maintained its 'cultural relevancy' and adds to Hyatt's portfolio, CEO says
Brands
Ownership
Thailand’s TCC Group makes second offer for control of 14-hotel Frasers
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Bahamas
Redevelopment of Grand Lucayan Resort will create a destination for cruisegoers
Bahamas
The brand has not been notably scaled in Europe despite management strategies
Singapore
The former Six Senses-branded hotel sold for $61.5 million
Singapore
Iran
International visitor arrivals to Iran are rising, but obstacles to recovery remain
Iran
France
Claims abound that hotels can get increases in ratings for little effort
France
United Kingdom
Budget hotel chain on growth spurt in France, Spain
United Kingdom
Denmark
Sampension, AKF buy Comwell Copenhagen Portside Dolce by Wyndham for 1 billion Danish kroner
Denmark
France
Essendi places emphasis on sustainability, quality and portfolio value
France
France
The sector has demonstrated both operational and financial resilience
France
India
Acquisition capital will downsize debt
India
Portugal
Deal will debut Super 8 brand in both countries
Portugal
Indonesia
Moratorium lifted on island's hotel development
Indonesia
France
Archer Hotel Capital's portfolio comprises seven properties, including Renaissance Paris Vendôme
France
United Kingdom
Legendary rock bands announce single shows in Edinburgh and Birmingham
United Kingdom
Across her 30 novels, Elin Hilderbrand has introduced her readers to both the island and a 134-year-old hotel.
Trinity Investments sells JW Marriott Phoenix Desert Ridge to Ryman Hospitality for $865 million
Trinity Investments bought the 950-room hotel from Blackstone in 2019 for $602 million and invested $100 million into a renovation, which was completed in 2023.
What the UK's proposed tighter immigration rules could mean for hoteliers
Businesses in the United Kingdom, including hotels, have faced a tougher road to recruiting workers since the U.K. left the European Union in 2020. Now a series of proposed immigration reforms could make recruitment and hiring non-U.K. workers even more difficult.
Caribbean hoteliers seek more regional sources for travel demand, construction materials
Travelers and materials sourced within the region have become increasingly important to the long-term health of Caribbean tourism amid challenges in the U.S.
What a stalled NLRB means for hotel industry employers
Short staffing in the U.S. National Labor Relations Board is affecting the flow of legal decisions, but labor attorney Robert Bernstein said at the Hospitality Law Conference that staying aware of what may happen next is critical for hotel and restaurant owners.
An update on the US labor law changes hoteliers can expect
During the Hospitality Law Conference, labor attorney Andria Ryan explained the latest developments in U.S. labor laws and regulations.
Featured
5 things to know
5 things to know
Opinions
Experts share how to leverage this tool for optimizing hospitality financials
Opinions
Operations
ICE raids a cause of concern for some hospitality employers
Operations
Earnings
Earnings
Brands
Hospitality industry continues to wait and see how Trump's policies shake out
Brands
People
Former president and chief operating officer of TPG Hotels succeeds Sloan Dean
People
5 things to know
5 things to know
HNN Blog
HNN Blog
Opinions
Costs and barriers will go up
Opinions
Ownership
Other hotel owners, lenders looking for expertise, exec says
Ownership
Podcast
Podcast
Ownership
Don't underestimate 'the little guy,' exec says
Ownership
Analytics
Top 25 US hotel markets post big losses, but Philadelphia and Boston stand out
Analytics
Retail
Competitors have sweetened deals on different fronts
Retail
$100 million renovation expected to be completed in December
Sale
Owners had tried to hang on to the Signia by Hilton, the city's largest hotel
Sale
Finance
Aspen Hospitality and Four Seasons veteran Alinio Azevedo leads the charge
Finance
Brands
The Standard has maintained its 'cultural relevancy' and adds to Hyatt's portfolio, CEO says
Brands
Ownership
Thailand’s TCC Group makes second offer for control of 14-hotel Frasers
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Bahamas
Redevelopment of Grand Lucayan Resort will create a destination for cruisegoers
Bahamas
The brand has not been notably scaled in Europe despite management strategies
Singapore
The former Six Senses-branded hotel sold for $61.5 million
Singapore
Iran
International visitor arrivals to Iran are rising, but obstacles to recovery remain
Iran
France
Claims abound that hotels can get increases in ratings for little effort
France
United Kingdom
Budget hotel chain on growth spurt in France, Spain
United Kingdom
Denmark
Sampension, AKF buy Comwell Copenhagen Portside Dolce by Wyndham for 1 billion Danish kroner
Denmark
France
Essendi places emphasis on sustainability, quality and portfolio value
France
France
The sector has demonstrated both operational and financial resilience
France
India
Acquisition capital will downsize debt
India
Portugal
Deal will debut Super 8 brand in both countries
Portugal
Indonesia
Moratorium lifted on island's hotel development
Indonesia
France
Archer Hotel Capital's portfolio comprises seven properties, including Renaissance Paris Vendôme
France
United Kingdom
Legendary rock bands announce single shows in Edinburgh and Birmingham
United Kingdom
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