HOTEL NEWS
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.
Why this Los Angeles motel is the city's latest landmarkThe Hollywood Premiere's design recalls the romance of the mid-century road trip.
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 investmentsGovernment 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.
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.
Earnings
Pebblebrook's portfolio mix helped hotel REIT outperform industry in second quarterPebblebrook Hotel Trust CEO Jon Bortz said there's some sense of things settling in the near future, but as long as macroeconomic uncertainty remains, businesses and consumers will be hesitant. Podcast
How a real estate generalist found his niche in hotelsIn this Next Gen in Lodging podcast episode, Eternal Companies' Damon Healey shares his hospitality journey.Seattle looks to waterfront for rejuvenation as cruise activity nears recordThe Emerald City's $806 million revitalization spotlights a commercial development strategy playing out in North America.
Global Report
CoStar World News for July 31India partnership plans 15 hotel openings; UK law firm lease breaks regional rent record; Big sales boost French residential investmentHow The Peabody's lobby duck march makes Memphis hotel a 'bucket list' visitThe Peabody Memphis marches five ducks through its lobby every day, and this nearly 100-year tradition has ripple effects on so much of the hotel's success.
Podcast
Japan's growth is finally slowing, but performance remains strongElection results are not expected to change the trajectory in Japan, and revenue per available room growth is slated to slow in the second half of 2025 after a years-long hot streak.Economic concerns, political noise upset reciprocal travel demand for US and EuropeHotel industry experts say political noise around U.S. tariffs and trade deals and negative perception have dampened travel between the U.S. and the European Union.
California hotel sales drop over 7% in first half of yearForeclosure sales boosted some figures for California hotel sales during the first half of the year, but overall sales volume dropped again.
Podcast
Slow summer of lagging leisure bodes poorly for fallOn the latest episode of Tell Me More: A Hospitality Data Podcast, hotel data analysts unpack U.S. group demand and slow business travel trends.London business hub Canary Wharf evolves into destination for locals, hotel guestsLondon's Canary Wharf district is changing, with its owner intent on continuing its transformation into a mixed neighborhood of offices, restaurants, attractions and hotels.
Featured
5 things to know
5 things to know
Brands
Executives see economic, geopolitical noise settling
Brands
Earnings
Earnings
Ownership
Hotel REIT CEO expects incremental improvements through August, September
Ownership
Operations
Operator will renovate Scottsdale hotel as wellness destination
Operations
Earnings
Earnings
Brands
Company executives lowered full-year guidance despite second-quarter beat
Brands
Earnings
Earnings
Ownership
Hotel REIT misses mark for net income, outperforms on revenue
Ownership
5 things to know
5 things to know
People
New general managers in New York City and Dallas
People
Earnings
Earnings
Ownership
Company to sell up to $400 million in assets by year's end
Ownership
Brands
Take a look the Chicago-based hotel company's transformation since 2017
Brands
Opinions
AI is reshaping the traveler journey and redefining who owns the guest relationship
Opinions
Earnings
Earnings
Ownership
The REIT's revenues, hotel earnings 'increased significantly'
Ownership
Earnings
Earnings
Ownership
CEO points to ongoing recovery in Maui
Ownership
Finance
Thai owner KS Hotels has history with Park Hyatt in Cambodia and Thailand
Finance
Brands
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Brands
Opinions
Slower transaction market, economic uncertainty make for headwinds for dealmakers
Opinions
Earnings
Earnings
Brands
Market is 'fundamentally sound' despite recent concerns
Brands
Brands
Second half of 2025 might show softness thanks to last year's Olympics comp
Brands
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
CoStar News Hotels recaps the second day of the 2025 Hotel Data Conference.
Video
US hoteliers brace for performance declines as demand drop persists
During 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
Hyatt CEO says hotel company has hit 'inflection point' and is poised to quickly scale
The sale of 15 recently acquired resorts signifies the Chicago-based hotel company's asset-light transformation, said Hyatt President and CEO Mark Hoplamazian.
Earnings
Apple REIT execs encouraged by improving consumer sentiment
Though 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.
Earnings
Choice revises full-year RevPAR outlook down, citing demand softness across US
With the RevPAR of its U.S. hotel portfolio down 2.9% in the second quarter, Choice Hotels International lowered its full-year outlook but also purchased outright Choice Hotels Canada to consolidate its franchise model and boost expansion across Canada.
Hotel companies see new reach with guests via option to buy now, pay later
Buy-now-pay-later loans have been a part of the travel industry for years and continue to grow in popularity, leading more hotel companies to take notice.
Featured
5 things to know
5 things to know
Brands
Executives see economic, geopolitical noise settling
Brands
Earnings
Earnings
Ownership
Hotel REIT CEO expects incremental improvements through August, September
Ownership
Operations
Operator will renovate Scottsdale hotel as wellness destination
Operations
Earnings
Earnings
Brands
Company executives lowered full-year guidance despite second-quarter beat
Brands
Earnings
Earnings
Ownership
Hotel REIT misses mark for net income, outperforms on revenue
Ownership
5 things to know
5 things to know
People
New general managers in New York City and Dallas
People
Earnings
Earnings
Ownership
Company to sell up to $400 million in assets by year's end
Ownership
Brands
Take a look the Chicago-based hotel company's transformation since 2017
Brands
Opinions
AI is reshaping the traveler journey and redefining who owns the guest relationship
Opinions
Earnings
Earnings
Ownership
The REIT's revenues, hotel earnings 'increased significantly'
Ownership
Earnings
Earnings
Ownership
CEO points to ongoing recovery in Maui
Ownership
Finance
Thai owner KS Hotels has history with Park Hyatt in Cambodia and Thailand
Finance
Brands
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Brands
Opinions
Slower transaction market, economic uncertainty make for headwinds for dealmakers
Opinions
Earnings
Earnings
Brands
Market is 'fundamentally sound' despite recent concerns
Brands
Brands
Second half of 2025 might show softness thanks to last year's Olympics comp
Brands
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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