HOTEL NEWS
CoStar World News for Oct. 30Hyatt to expand Chinese portfolio; UK property investment surges near university; Principal targets French investors for new fund
CoStar World News for Oct. 23Turkish hotels face challenges despite tourism boom; UK commercial real estate lending surges; AI tech firm Mistral plans new Paris headquarters
Hilton touts third-quarter profitability amid weak travel environmentWhile revenue per available room fell 1.1% year over year for Hilton's hotels, the company's net income grew $77 million.
Marriott’s Oberg reflects on 40 years of hotel industry passion and hard workSet to retire in March, Marriott International's chief financial officer reflects on acquisitions, in-house brands and timeless advice.
European outbound hotel demand slides as inflation erodes Turkey’s price advantageAmid government claims of booming tourism revenue and occupancies, hoteliers say the Turkish hotel industry is volatile as operators face rising costs, high inflation and staffing challenges.
Hotel analysts expect focus on new brands, muted outlook in upcoming earnings callsInvestors want to know more about what's going on with consumer behavior and hotel demand, and some hotel REITs are facing pressure from activist investors who want to unlock more value.
Why hotel leaders think tech standardization will boost their business modelHotel executives are calling on the industry to catch up to its peers in technology innovations.
'Uncertainty is bad for business': Hotel executives express discontent with unpredictabilityHotel executives speaking at The Lodging Conference said the tides are turning in regard to the transaction market but frustration persists with rising operational costs and declining international travel.
Whitbread focuses on converting underperforming restaurants into additional hotel roomsExecutives at Whitbread, owner and operator of the Premier Inn hotel brand, expressed confidence that the company's hotels will offset any tax increases stemming from the U.K. government's upcoming budget.
CoStar World News for Oct. 16Kazakhstan hotels benefit from state tourism programs; Tritax buys Blackstone UK logistics property; France property 'increasingly operational,' KKR's Morelle says
Langham Hospitality Group shifts brand growth focus to hotel management deals, CEO saysBob van den Oord is planning for future expansion of the company's 160-year-old brand.
Featured
5 things to know
5 things to know
Headlines for Oct. 30
- Essendi sells hotels in Argentina to Cyprus’ ISWM Group
- Hurricane Melissa leaves devastation as it moves into open Atlantic Ocean
- PPHE Hotel Group reports robust third-quarter numbers in line with expectations
- US hotels performance continues to show negative trends
- US Federal Reserve cuts interest rates again
Analytics
Three truisms that may no longer be true
Analytics
Exclusive
Exclusive
Retail
Hotel ground lease cited as billion-dollar opportunity goes up for sale near New York’s Hudson Yards
Property could be redeveloped to maximize value, offering memo says
Retail
Thrill seekers can stay at these 10 historic haunts
People
Christian Charnaux returns to Hilton from Inspire Brands
People
Podcast
Analytics
Tell Me More hosts unpack Expedia's 2026 trends report
Analytics
5 things to know
5 things to know
Headlines for Oct. 29
- Melissa strongest hurricane ever to hit Jamaica
- Oasis tour boosts Southern Hemisphere forward bookings above 75%
- Scandic expects Dalata hotel operations acquisition to close in early November
- Malaysia’s YTL acquires Auckland Indigo hotel for $92.4 million
- Patrick Short rejoins TPG Hotels & Resorts and shares firm’s vision
Ownership
Deal is second largest hotel deal in New Zealand in 2025
Ownership
Opinions
A look at resilience, sustainability from Host Hotels & Resorts
Opinions
Earnings
Brands
Performance of Europe portfolio acts as counterweight to sluggish US hotel demand
Brands
Opinions
Planning should start at groundbreaking
Opinions
Ownership
Offer gives REIT investors 'significant' premium over share price
Ownership
Earnings
Brands
Hotel brand company saw 5% drop in rooms revenue in third quarter and now projects up to 3% decline for 2025
Brands
Podcast
Brands
Nature-first resort group plans openings in Yosemite and Sedona
Brands
Finance
Jardine Matheson, via division Bidco, to acquire final 11.96% of hotel group
Finance
Operations
Third-party operator has two Alltra-branded resorts in its new division with more on the way
Operations
Analytics
Outlook tempered due to displaced group travel
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Podcast
China
China's growing interest in winter sports has spurred planning for more international vacations
China
United Kingdom
British company's hotel portfolio in Germany has shown some softness, though executives project profitability
United Kingdom
China
Deal is for 50 hotels in primary and secondary Chinese cities
China
Italy
US guests and global investors are flocking to Italy, driving competition for deals
Italy
Uzbekistan
Hotels in Uzbekistan, Kazakhstan begin to see higher demand from international visitors
Uzbekistan
Austria
Design takes inspiration from Pan Am’s famed New York City airport hub
Austria
Spain
Medplaya's operating platform includes 15 hotels with all but one on Spain's Mediterranean coast
Spain
Egypt
As part of deal, Minor to debut Anantara hotel brand and operate seven Nile cruise boats
Egypt
Austria
Upscale hotels in northern and western Europe to be the focus
Austria
Canada
'Buy Canadian' movement benefits hoteliers across the country
Canada
France
Buyers are Bain Capital, Columbia Threadneedle and QuinSpark Investment Partners
France
Saudi Arabia
Most complex developments are being reevaluated or extended as Saudi officials try to diversify country's economy
Saudi Arabia
France
Head of LVMH pays €200 million for hotel near Monaco
France
During the company's third-quarter earnings call, MGM Resorts International executives spoke about how they responded to concerns over pricing in the Las Vegas market and their expectations for demand to stabilize and grow starting in the fourth quarter.
US is 'next logical step' in IHG's rollout of Ruby Hotels brand, exec says
IHG Hotels & Resorts' Ruby Hotels brand will undertake new-build, conversion and adaptive-reuse projects as it begins its expansion into the U.S.
Hoteliers welcome Fed's second rate cut of the year
U.S. hoteliers are glad to see the Federal Reserve cut rates for the second time this year, but when announcing the decision, Fed Chairman Jerome Powell warned against thinking a December rate is a sure thing.
New president of TPG Hotels & Resorts shares vision for hospitality operator
Dallas-based third-party management company TPG Hotels & Resorts hired Patrick Short as president and chief operating officer on Oct. 9.
Hotel investors in Asia-Pacific eager for deals while performance underwhelms
In a podcast interview, STR's Jesper Palmqvist shares his observations from the recent HICAP conference in Singapore about how hotel investors are looking at deal opportunities in the Asia-Pacific region.
With construction largely halted, investors focus on improving existing hotels
New-build hotel properties are hard to come by in today's development environment, so owners and operators are turning to renovations and repositionings of existing buildings to drive value.
Featured
5 things to know
5 things to know
Headlines for Oct. 30
- Essendi sells hotels in Argentina to Cyprus’ ISWM Group
- Hurricane Melissa leaves devastation as it moves into open Atlantic Ocean
- PPHE Hotel Group reports robust third-quarter numbers in line with expectations
- US hotels performance continues to show negative trends
- US Federal Reserve cuts interest rates again
Analytics
Three truisms that may no longer be true
Analytics
Exclusive
Exclusive
Retail
Hotel ground lease cited as billion-dollar opportunity goes up for sale near New York’s Hudson Yards
Property could be redeveloped to maximize value, offering memo says
Retail
Thrill seekers can stay at these 10 historic haunts
People
Christian Charnaux returns to Hilton from Inspire Brands
People
Podcast
Analytics
Tell Me More hosts unpack Expedia's 2026 trends report
Analytics
5 things to know
5 things to know
Headlines for Oct. 29
- Melissa strongest hurricane ever to hit Jamaica
- Oasis tour boosts Southern Hemisphere forward bookings above 75%
- Scandic expects Dalata hotel operations acquisition to close in early November
- Malaysia’s YTL acquires Auckland Indigo hotel for $92.4 million
- Patrick Short rejoins TPG Hotels & Resorts and shares firm’s vision
Ownership
Deal is second largest hotel deal in New Zealand in 2025
Ownership
Opinions
A look at resilience, sustainability from Host Hotels & Resorts
Opinions
Earnings
Brands
Performance of Europe portfolio acts as counterweight to sluggish US hotel demand
Brands
Opinions
Planning should start at groundbreaking
Opinions
Ownership
Offer gives REIT investors 'significant' premium over share price
Ownership
Earnings
Brands
Hotel brand company saw 5% drop in rooms revenue in third quarter and now projects up to 3% decline for 2025
Brands
Podcast
Brands
Nature-first resort group plans openings in Yosemite and Sedona
Brands
Finance
Jardine Matheson, via division Bidco, to acquire final 11.96% of hotel group
Finance
Operations
Third-party operator has two Alltra-branded resorts in its new division with more on the way
Operations
Analytics
Outlook tempered due to displaced group travel
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Podcast
China
China's growing interest in winter sports has spurred planning for more international vacations
China
United Kingdom
British company's hotel portfolio in Germany has shown some softness, though executives project profitability
United Kingdom
China
Deal is for 50 hotels in primary and secondary Chinese cities
China
Italy
US guests and global investors are flocking to Italy, driving competition for deals
Italy
Uzbekistan
Hotels in Uzbekistan, Kazakhstan begin to see higher demand from international visitors
Uzbekistan
Austria
Design takes inspiration from Pan Am’s famed New York City airport hub
Austria
Spain
Medplaya's operating platform includes 15 hotels with all but one on Spain's Mediterranean coast
Spain
Egypt
As part of deal, Minor to debut Anantara hotel brand and operate seven Nile cruise boats
Egypt
Austria
Upscale hotels in northern and western Europe to be the focus
Austria
Canada
'Buy Canadian' movement benefits hoteliers across the country
Canada
France
Buyers are Bain Capital, Columbia Threadneedle and QuinSpark Investment Partners
France
Saudi Arabia
Most complex developments are being reevaluated or extended as Saudi officials try to diversify country's economy
Saudi Arabia
France
Head of LVMH pays €200 million for hotel near Monaco
France
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