HOTEL NEWS
Global Report
CoStar World News for July 10Spanish hotel deal sets national record; Rugby World Cup winner joins JLL’s UK team; Paris office leasing wanes
Snapshots
Four Seasons complex designed to respect historic neighbors — while towering above themArchitects looked to make the Boston tower not detract from buildings at Christian Science Plaza.Hotel owners want better communication from on-property expertsRevenue, sales leaders need to understand different ownership groups' goals and preferred key performance indicators.
The US hotel deals with big price tags from the first half of 2025CoStar News Hotels rounds up some of the largest individual and portfolio hotel transactions.
Blackstone Real Estate to buy Sunseeker Resort Charlotte Harbor for $200 millionBlackstone Real Estate will buy the 785-key Sunseeker Resort Charlotte Harbor from Allegiant Travel Co., which intends to pay down debt and improve its balance sheet with the proceeds from the sale.
Video
Outrigger CEO sees hope in Hawaii, AsiaThe state of Hawaii is expected to see a dip in Canadian travelers this summer, but Jeff Wagoner believes overall numbers will be up.How a London general manager plays on dual-branded hotels' connections and individualityDavid Hayden, a general manager of the dual-branded Mercure London Earls Court and Ibis London Earls Court, shares best practices for efficiently operating two hotels that share the same building.
Hoteliers in Africa devise novel financing options to increase openingsHoteliers across Africa are finding new ways to finance development across the continent, though lenders still shy away from certain regions due to risk and uncertainty.
Largest hotel deal in Spanish history, Mare Nostrum Resort Tenerife sells for €430 millionIn the largest single-asset hotel deal in Spanish history, local owner Spring Hotels Group has acquired the 1,037-room Mare Nostrum Resort Tenerife from Brookfield Asset Management. The deal catapults Spain’s 2021 half-year transactions volume to 10% above the same period last year.
How hotel companies can better incentivize younger employeesGoals tied to real work functions and tangible benefits, including career pathways and flexibility, for hitting them are key to engaging younger hotel employees.
Why hotel managers need to prioritize owner relationships right nowJason Rabidoux of Davidson Hospitality Group shares how he's navigating the "quite a bit more muted" RevPAR market conditions across the U.S. hotel industry.
Valor Hospitality grows management portfolio across Africa with franchising focusValor Hospitality executives Euan McGlashan and Tony Romer-Lee discuss the company's hotel growth aspirations across new markets in Africa.
Podcast
Challenges and opportunities abound for hoteliers in ThailandThe country remains a luxury travel destination but faces geopolitical headwinds.Here's how official bids for New York’s casino licenses stack upThese major developers and operators are competing for the right to run gaming operations in the nation's biggest market.
Video
Hotel transactions could see uptick in late 2025, JLL's Kevin Davis saysThe executive predicts an increase in deals as investors adjust to market conditions.US, Canada hotel performance picks up as summer season beginsThe Juneteenth holiday and declines in Las Vegas and Houston had notable impacts.
This San Diego building shows why some offices can become hotels — and others can'tDeveloper J Street and Hyatt are planning a $250 million dual-brand hospitality complex as developers try to make workspaces into new uses.
Podcast
How the hotel industry can keep properties safe and inclusive for guestsIn this Pride Month episode of the Next Gen in Lodging podcast, host Chris Henry and guests discuss how the hotel industry has remained more committed to inclusion than other sectors.How one hotelier is cultivating charm in historic Colorado hotelsClay Bales and his company, TCB Hospitality, are breathing new life into century-old structures, starting with The Rathbone Hotel in Montrose, Colorado.
Podcast
Sonesta embarks on new stage of growth as parent company continues to sell down assetsSonesta International Hotels Chief Development Officer Brian Quinn said after closing real estate sales, his company will shift focus to franchise opportunities.Video
Why the Springboard, Hotel Equities merger is different than other hotel dealsCEO Ben Rafter said the entrepreneurialism and varied strength of Springboard Hospitality and Hotel Equities makes the combined company different than other mergers built around synergies and corporate cuts.Featured
5 things to know
5 things to know
Headlines for July 15
- Ireland's Dalata Hotel Group agrees to €1.4 billion takeover bid
- New York’s Waldorf Astoria to reopen after eight-year renovation
- Zara billionaire Ortega acquires Paris hotel for €97 million
- Eid festival in Abu Dhabi sees performance hit 16-year highs
- Arora acquires fellow UK airport-hotel specialist Bloc
Finance
Autograph Collection Hotel Banke Opera changes hands for €1.07 million per key
Finance
Ownership
Sunseeker Resort Charlotte Harbor bought by Blackstone Real Estate
Ownership
Analytics
Holiday’s shift to Friday made room for business travelers and groups earlier in the week
Analytics
Opinions
Major players that are active in Spain aren't global hotel brands
Opinions
5 things to know
5 things to know
Opinions
The Social Hub opens two Italian gardens at its newest hotels
Opinions
Revenue Management
Three disciplines largely merging into larger commercial teams
Revenue Management
Sale
Discounted foreclosure of Oakland Marriott City Center adds to region's hotel woes
Sale
Executive points to steady leisure demand, plans to expand portfolio in Northeast
Analytics
US hotel performance down year over year from July 3-5
Analytics
Opinions
One bump in the road and I'm on to the next one
Opinions
Earnings
Earnings
Brands
Baird Hotel Stock Index increases 3.7%, but lags growth of S&P 500
Brands
Ownership
CEO previously stated he expects REIT to sell one to two hotels this year
Ownership
Revenue Management
Hotels can leverage OTA data and technology for revenue, sales and marketing
Revenue Management
Brands
Real estate portfolio includes 15 all-inclusive resorts
Brands
Finance
Program designed to connect hotel investors with lenders in fractured financing environment
Finance
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
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
Ireland
Irish hotel firm has been under strategic review and open to offers
Ireland
Singapore
Mixed-use development contains a 634-room JW Marriott hotel
Singapore
Exclusive
Exclusive
France
Accor’s Gaurav Bhushan to chair new Accor-InterGlobe platform
France
After a few months of wrangling, Dalata Hotel Group has accepted an offer from Pandox AB and Eiendomsspar AS for 100% its shares that now values the of the Irish hotel firm at €1.4 billion.
Hotel industry in Africa adapts to meet travelers' desires
Hotel firms in Africa are adapting swiftly to new and changing demands of guests and travelers who visit the continent for the first time.
Why hotel deals under $50 million are leading the US transactions market
Economic uncertainty this year has slowed hotel deals in the U.S., but would-be buyers are still actively looking for opportunities with hotels priced under $50 million.
Giri Hotels rides wave of growth but stays close to home
The Northeastern management group keeps business in the family.
California hotel openings pick up the pace in first half of 2025
The latest California hotel development survey shows a year-over-year increase in openings, with the new Gaylord Pacific Resort significantly adding to the room count.
Podcast
Labor attorney urges hoteliers to prepare for arrival of ICE agents
In a podcast interview, immigration and hospitality industry attorney Jessica Cook explains what hoteliers need to know about ICE raids and arrests and how they should create response plans for their hotel staff.
Featured
5 things to know
5 things to know
Headlines for July 15
- Ireland's Dalata Hotel Group agrees to €1.4 billion takeover bid
- New York’s Waldorf Astoria to reopen after eight-year renovation
- Zara billionaire Ortega acquires Paris hotel for €97 million
- Eid festival in Abu Dhabi sees performance hit 16-year highs
- Arora acquires fellow UK airport-hotel specialist Bloc
Finance
Autograph Collection Hotel Banke Opera changes hands for €1.07 million per key
Finance
Ownership
Sunseeker Resort Charlotte Harbor bought by Blackstone Real Estate
Ownership
Analytics
Holiday’s shift to Friday made room for business travelers and groups earlier in the week
Analytics
Opinions
Major players that are active in Spain aren't global hotel brands
Opinions
5 things to know
5 things to know
Opinions
The Social Hub opens two Italian gardens at its newest hotels
Opinions
Revenue Management
Three disciplines largely merging into larger commercial teams
Revenue Management
Sale
Discounted foreclosure of Oakland Marriott City Center adds to region's hotel woes
Sale
Executive points to steady leisure demand, plans to expand portfolio in Northeast
Analytics
US hotel performance down year over year from July 3-5
Analytics
Opinions
One bump in the road and I'm on to the next one
Opinions
Earnings
Earnings
Brands
Baird Hotel Stock Index increases 3.7%, but lags growth of S&P 500
Brands
Ownership
CEO previously stated he expects REIT to sell one to two hotels this year
Ownership
Revenue Management
Hotels can leverage OTA data and technology for revenue, sales and marketing
Revenue Management
Brands
Real estate portfolio includes 15 all-inclusive resorts
Brands
Finance
Program designed to connect hotel investors with lenders in fractured financing environment
Finance
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
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
Ireland
Irish hotel firm has been under strategic review and open to offers
Ireland
Singapore
Mixed-use development contains a 634-room JW Marriott hotel
Singapore
Exclusive
Exclusive
France
Accor’s Gaurav Bhushan to chair new Accor-InterGlobe platform
France
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