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HOTEL NEWS

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 investment
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.
Indianapolis market gains steam ahead of pivotal convention center hotel openingIndianapolis' hotel supply continues to grow at a rapid pace, and the success of its convention center reopening and subsequent 800-room hotel opening could define the market moving forward.
Global Report
CoStar World News for July 24Weather, global conflicts test Greek hotels; London offices capitalize on rising demand; Seine River area emerges as French logistics hub
Podcast
Early planning, collaboration required to tackle hotel procurement hurdlesTariffs add to the challenging environment for hoteliers buying furniture, fixtures and equipment.
DiamondRock closes on $1.5 billion refinancingDiamondRock Hospitality completed a refinancing and extension of its maturities to grow its credit facility by $300 million to $1.5 billion.
AI, collaboration the key drivers of change for hotel sales and marketingExperts stress consistency to prepare for AI search.
JD Power: Smart TVs, engagement through apps boost satisfaction for hotel guestsIn the new J.D. Power 2025 North America Third-Party Hotel Management Guest Satisfaction Benchmark, two technologies — smart TVs and hotel apps — stand out for good investments in improving guest satisfaction.
Podcast
Soft summer demand among hotel topics of the month for CoStar Hotels podcastsTopics covered in CoStar News Hotels podcasts over the last month span the globe and range from a demand slowdown for the summer months to how hoteliers can prepare for ICE raids.
Earnings
Tariff impact and hotel sales: What hospitality analysts are hearing ahead of earnings seasonSentiment in the hotel industry is mixed heading into the second-quarter earnings season, with brands boasting more optimism than real estate investment trusts.
Thinking inside the box: How hotel designers innovatively employ guest psychologyHotel designers are increasingly using guest psychology to inform their design decisions in hotel rooms and shared spaces.
The largest US hotels by room count to open in the first half of 2025A look back at the largest hotel openings by room count so far in 2025.
Weather, global conflicts test Greece's resiliency as a popular tourism destinationHoteliers at several Greek islands have seen waves of tourism demand but fear declines due to the effects of climate change and another refugee crisis.
Global Report
CoStar World News for July 17African hotel franchising gains momentum; UK looks to ban upward-only commercial rent reviews; French logistics leasing rebounds
Podcast
Extended-stay hotels maintain equilibrium amid brand, investor interestThe Highland Group's Mark Skinner says performance trends in the segment mirror those seen in the larger hotel industry, reversing trends observed during the pandemic.
Renegade Hotels looks to bring lifestyle culture to select-service hotelsBoutique and lifestyle hotel management firm Rebel Hotel Company's new division, Renegade Hotels, will apply its approach to operations to select-service hotels.

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Featured
    5 things to know
    5 things to know
    Headlines for Aug. 1
    1. Markets react to new US tariff announcement
    2. US consumer spending, inflation rose in June
    3. Leisure demand, Maui recovery help drive Host’s second-quarter performance
    4. Latest US employment numbers show mixed results
    5. Norwegian Cruise Line reports record advance ticket sales
    Finance
    Ashford extends loan tied to its 'most valuable' hotels
    CEO: Loan extension offers REIT runway to secure financing at lower interest rate
    Finance
    Opinions
    Looking for the truth in Nashville
    Next week's Hotel Data Conference is an important vibe check
    Opinions
    Operations
    How The Peabody's lobby duck march makes Memphis hotel a 'bucket list' visit
    Historic hotel's 92-year tradition makes splash with guests, drives business
    Operations
    Ownership
    California hotel sales drop over 7% in first half of year
    Foreclosure sales prop up dollar volume
    Ownership
    5 things to know
    5 things to know
    Headlines for July 31
    1. A look at the state of Trump tariff policy as deadline nears
    2. Currency exchange a headwind for Accor
    3. MGM Resorts sets revenue records
    4. Pebblebrook hails portfolio mix for second-quarter outperformance
    5. US interest rates remain unchanged despite pressure
    Podcast
    Podcast
    Ownership
    How a real estate generalist found his niche in hotels
    Eternal Companies' Damon Healey shares his hospitality journey
    Ownership
    Podcast
    Podcast
    Analytics
    Japan's growth is finally slowing, but performance remains strong
    Elections not expected to change trajectory; revenue per available room to slow in second half of 2025
    Analytics
    Ownership
    Spanish REIT Azora acquires majority share of Greece’s Donkey Hotels
    Donkey Hotels' portfolio includes 563-room InterContinental Athenæum Athens
    Ownership
    Podcast
    Podcast
    Analytics
    Slow summer of lagging leisure bodes poorly for fall
    Tell Me More podcasters unpack flat group demand, overall slow business travel
    Analytics
    Opinions
    How to balance brand standards with franchisee flexibility
    The best brands prioritize communication and empower operations teams
    Opinions
    Exclusive
    Exclusive
    People
    Startup hotel brand company Landingplace Hotels sees opportunity by maximizing flexibility
    Company launches with midscale brands in extended-stay, select-service segments
    People
    Sale
    Park Hotels & Resorts puts second big Chicago property on market
    REIT looks to sell 403-room Midland Hotel, part of broader disposition strategy
    Sale
    Earnings
    Earnings
    Brands
    Wyndham execs tout new openings as room revenue drops in second quarter
    Hotel brand company says breakup with Super 8 master franchisor in China possible
    Brands
    Brands
    Accor to enter Las Vegas in Treasure Island management deal
    Casino hotel to boost Accor Americas' room count by 4%
    Brands
    Earnings
    Earnings
    Brands
    Hilton CEO remains optimistic for year despite 'noisier than expected' second quarter
    Revenue per available room dropped 0.5%
    Brands
    Ownership
    Why hotel deals under $50 million are leading the US transactions market
    Economic uncertainty both a driver and obstacle to hotel sales
    Ownership
    Brands
    Hospitality Industry Stock Tracker
    Here’s a Live Overview of What’s Happening in the Market Today
    Brands
    International News
      Greece
      Weather, global conflicts test Greece's resiliency as a popular tourism destination
      Performance varies market by market in Mediterranean country
      Greece
      Ireland
      Pandox, Eiendomsspar to acquire Ireland’s Dalata Hotel Group for €1.4 billion
      The Irish company previously rejected an offer worth €1.27 billion
      Ireland
      South Africa
      Experts say Africa is ready for wave of hotel franchising, but companies must be flexible
      Brands, property owners and operators must collaborate to achieve return on investment
      South Africa
      Spain
      Largest hotel deal in Spanish history, Mare Nostrum Resort Tenerife sells for €430 million
      The resort last changed hands in 2021 in a portfolio with additional hotels
      Spain
      Congo
      Hoteliers in Africa devise novel financing options to increase openings
      Lenders shy away from large swaths of the continent due to risk and uncertainty
      Congo
      Japan
      APA Hotels acquires fellow Tokyo-based hotel firm Ishin Group
      Ishin has 17 urban hotels in its portfolio
      Japan
      South Africa
      Valor Hospitality grows management portfolio across Africa with franchising focus
      Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
      South Africa
      Hungary
      BDPST Group acquires Marriott Budapest for €115 million
      Ownership consortium headed by Hungarian prime minister’s son-in-law
      Hungary
      Singapore
      Singapore debuts first new Raffles hotel since 1887
      Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
      Singapore
      United Kingdom
      UK government to end use of hotels to house asylum seekers by 2029
      Approximately 225 hotels being used by migrants, down from more than 400 in 2023
      United Kingdom
      Philippines
      SM Hotels, hotel division of Filipino firm SM Prime, to open seven hotels by 2029
      New hotels in The Philippines will be affiliated with Radisson Hotel Group brands
      Philippines
      Australia
      Australia's hotel owners increasingly turn to sustainability-linked loans
      Banks set performance targets with green loans
      Australia
      Earnings
      Leisure demand, higher rates drive performance for Host Hotels
      By Bryan Wroten
      During the company's second-quarter earnings call, Host Hotels & Resorts CEO Jim Risoleo said the REIT benefited from the ongoing recovery in Maui that helped bring in more leisure demand.
      Despite a nearly flat week, US hotel performance improved after two weeks of declines
      Despite declines in hotel revenue per available room in Houston and Los Angeles, the Las Vegas market popped during the week of July 20-26 thanks to several major concerts.
      Despite declines in hotel revenue per available room in Houston and Los Angeles, the Las Vegas market popped during the week of July 20-26 thanks to several major concerts.
      Earnings
      MGM Resorts CEO points to improved Las Vegas outlook in 2026
      During the company's recent earnings call, MGM Resorts International President and CEO Bill Hornbuckle addressed concerns about demand in the Las Vegas market and pointed to a strong events and convention calendar later this year and in 2026.
      During the company's recent earnings call, MGM Resorts International President and CEO Bill Hornbuckle addressed concerns about demand in the Las Vegas market and pointed to a strong events and convention calendar later this year and in 2026.
      Accor warns of foreign-exchange hits despite half-year earnings gains
      In its first half of the year, Accor's hotel metrics improved, but executives anticipate tougher comparisons in the second half of 2025 due to last year's Summer Olympics.
      In its first half of the year, Accor's hotel metrics improved, but executives anticipate tougher comparisons in the second half of 2025 due to last year's Summer Olympics.
      Earnings
      Pebblebrook's portfolio mix helped hotel REIT outperform industry in second quarter
      Pebblebrook 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.
      Pebblebrook 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.
      Economic concerns, political noise upset reciprocal travel demand for US and Europe
      Hotel 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.
      Hotel 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.
      Featured
        5 things to know
        5 things to know
        Headlines for Aug. 1
        1. Markets react to new US tariff announcement
        2. US consumer spending, inflation rose in June
        3. Leisure demand, Maui recovery help drive Host’s second-quarter performance
        4. Latest US employment numbers show mixed results
        5. Norwegian Cruise Line reports record advance ticket sales
        Finance
        Ashford extends loan tied to its 'most valuable' hotels
        CEO: Loan extension offers REIT runway to secure financing at lower interest rate
        Finance
        Opinions
        Looking for the truth in Nashville
        Next week's Hotel Data Conference is an important vibe check
        Opinions
        Operations
        How The Peabody's lobby duck march makes Memphis hotel a 'bucket list' visit
        Historic hotel's 92-year tradition makes splash with guests, drives business
        Operations
        Ownership
        California hotel sales drop over 7% in first half of year
        Foreclosure sales prop up dollar volume
        Ownership
        5 things to know
        5 things to know
        Headlines for July 31
        1. A look at the state of Trump tariff policy as deadline nears
        2. Currency exchange a headwind for Accor
        3. MGM Resorts sets revenue records
        4. Pebblebrook hails portfolio mix for second-quarter outperformance
        5. US interest rates remain unchanged despite pressure
        Podcast
        Podcast
        Ownership
        How a real estate generalist found his niche in hotels
        Eternal Companies' Damon Healey shares his hospitality journey
        Ownership
        Podcast
        Podcast
        Analytics
        Japan's growth is finally slowing, but performance remains strong
        Elections not expected to change trajectory; revenue per available room to slow in second half of 2025
        Analytics
        Ownership
        Spanish REIT Azora acquires majority share of Greece’s Donkey Hotels
        Donkey Hotels' portfolio includes 563-room InterContinental Athenæum Athens
        Ownership
        Podcast
        Podcast
        Analytics
        Slow summer of lagging leisure bodes poorly for fall
        Tell Me More podcasters unpack flat group demand, overall slow business travel
        Analytics
        Opinions
        How to balance brand standards with franchisee flexibility
        The best brands prioritize communication and empower operations teams
        Opinions
        Exclusive
        Exclusive
        People
        Startup hotel brand company Landingplace Hotels sees opportunity by maximizing flexibility
        Company launches with midscale brands in extended-stay, select-service segments
        People
        Sale
        Park Hotels & Resorts puts second big Chicago property on market
        REIT looks to sell 403-room Midland Hotel, part of broader disposition strategy
        Sale
        Earnings
        Earnings
        Brands
        Wyndham execs tout new openings as room revenue drops in second quarter
        Hotel brand company says breakup with Super 8 master franchisor in China possible
        Brands
        Brands
        Accor to enter Las Vegas in Treasure Island management deal
        Casino hotel to boost Accor Americas' room count by 4%
        Brands
        Earnings
        Earnings
        Brands
        Hilton CEO remains optimistic for year despite 'noisier than expected' second quarter
        Revenue per available room dropped 0.5%
        Brands
        Ownership
        Why hotel deals under $50 million are leading the US transactions market
        Economic uncertainty both a driver and obstacle to hotel sales
        Ownership
        Brands
        Hospitality Industry Stock Tracker
        Here’s a Live Overview of What’s Happening in the Market Today
        Brands
        International News
          Greece
          Weather, global conflicts test Greece's resiliency as a popular tourism destination
          Performance varies market by market in Mediterranean country
          Greece
          Ireland
          Pandox, Eiendomsspar to acquire Ireland’s Dalata Hotel Group for €1.4 billion
          The Irish company previously rejected an offer worth €1.27 billion
          Ireland
          South Africa
          Experts say Africa is ready for wave of hotel franchising, but companies must be flexible
          Brands, property owners and operators must collaborate to achieve return on investment
          South Africa
          Spain
          Largest hotel deal in Spanish history, Mare Nostrum Resort Tenerife sells for €430 million
          The resort last changed hands in 2021 in a portfolio with additional hotels
          Spain
          Congo
          Hoteliers in Africa devise novel financing options to increase openings
          Lenders shy away from large swaths of the continent due to risk and uncertainty
          Congo
          Japan
          APA Hotels acquires fellow Tokyo-based hotel firm Ishin Group
          Ishin has 17 urban hotels in its portfolio
          Japan
          South Africa
          Valor Hospitality grows management portfolio across Africa with franchising focus
          Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
          South Africa
          Hungary
          BDPST Group acquires Marriott Budapest for €115 million
          Ownership consortium headed by Hungarian prime minister’s son-in-law
          Hungary
          Singapore
          Singapore debuts first new Raffles hotel since 1887
          Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
          Singapore
          United Kingdom
          UK government to end use of hotels to house asylum seekers by 2029
          Approximately 225 hotels being used by migrants, down from more than 400 in 2023
          United Kingdom
          Philippines
          SM Hotels, hotel division of Filipino firm SM Prime, to open seven hotels by 2029
          New hotels in The Philippines will be affiliated with Radisson Hotel Group brands
          Philippines
          Australia
          Australia's hotel owners increasingly turn to sustainability-linked loans
          Banks set performance targets with green loans
          Australia
          Categories

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