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June 9, 2025
Scottsdale, Arizona, demonstrates investor appetite for high-end hotels
Hotel transactions through May 2025 reveal that U.S. sales activity for single property deals above $200 million declined 36% compared to last year, reaching just over $1 billion in sales.
June 9, 2025
Labor costs surge in LA hotels as $30 hourly wage floor advances
The Los Angeles City Council’s approval in May of a $30 minimum wage by July 2028 for hotel workers comes amid an already steep climb in labor costs across the city’s hospitality sector, new data shows.
June 9, 2025
Why the West Coast is ripe for hotel brand takeovers
As ground-up hotel development faces sustained headwinds, conversions have emerged as a key strategy for growth. However, the opportunity for conversions varies significantly by market, often depending on the mix of branded versus independent properties. An analysis of the top 25 U.S. markets reveals a clear pattern: Markets with a higher share of independent hotels tend to offer greater potential for conversions into branded flags.
June 9, 2025
Hyatt, Playa deal nears the finish line
Playa Hotels & Resorts is clearing the final hurdles before Hyatt Hotels Corp. can acquire it, with the $2.6 billion deal potentially closing within a week.
June 9, 2025
How hotel brand leaders are thinking about the economy and where they'll invest next
NEW YORK — Executives from the hospitality industry's largest brand companies gathered for a lively discussion about the biggest issues for the hotel business — from macroeconomic headwinds and market opportunities to the travel sector seeing consumers reprioritize how they spend their money.
June 9, 2025
Australia's hotel owners increasingly turn to sustainability-linked loans
Green loans in the hotel industry are on a sharp upward curve in Australia as environmental, social and governance becomes more of a “prerequisite” and banks hold hoteliers to account for their policies and practice.
June 6, 2025
With fewer schools out for summer, US hotels experience slow start to season
The days following Memorial Day make for a transitional week for the U.S. hotel industry with the start of summer break for some and the final days of the school calendar for others. A slightly later end to the school year in more districts this year as well as weak performance in the south resulted in U.S. hotel revenue per available room falling 1.9% for the week ending May 31.
June 6, 2025
EasyHotel’s Malak confident in higher hotel quality, market share growth following Tristan Capital acquisition
Karim Malak is feeling content.
June 6, 2025
Barry Sternlicht: If you're not having fun, get out of the hotel business
NEW YORK — Starwood Capital Group Chairman and CEO Barry Sternlicht is adamant that the hotel business is not a hard one to succeed in, but it requires passion.
June 5, 2025
Hotel performance underwhelms during Epic Universe's big opening weekend in Orlando
Epic Universe was touted as Universal's most innovative and immersive theme park, with the highly anticipated amusement park in Orlando, Florida, generating excitement over its groundbreaking immersion, massive size and featured franchises, including Super Nintendo, Harry Potter and How To Train Your Dragon.
June 5, 2025
Tristan Capital completes EasyHotel acquisition for €242 million
London-based investment firm Tristan Capital Partners is the new owner of budget hotel brand EasyHotel.
June 5, 2025
Analysts, economist outline factors behind more conservative US hotel outlooks
NEW YORK — Hotel data experts took a deep dive on what's happening in the industry at the NYU International Hospitality Investment Forum this week to explain the macroeconomic factors pressuring travel and tourism in realistic ways.
June 5, 2025
The upsides and downsides to the revised US hotel forecast
NEW YORK — As demand for hotel rooms in the U.S. cools amid big-picture uncertainties, forecasts for how hotel performance will play out the rest of this year follow.
June 4, 2025
CoStar World News for June 5
June 4, 2025
Extended-stay hotels: The hybrid asset class winning over customers and investors
Once an overlooked segment of the lodging industry, extended stay hotels have emerged as a compelling investment target for many investors and flagship brands in recent years. At last week’s IMN Extended Stay Forum in Atlanta, industry experts discussed how this sector’s unique positioning at the crossroads of hospitality and residential drives its appeal in today’s changing market despite, or perhaps because of, current market uncertainties. Here’s a recap of what experts had to say.
June 4, 2025
From de-flagging waves to brand-hopping booms, conversion trends trace the industry's evolution
Over the past three decades, hotel conversion trends have reflected a dynamic and ever-shifting industry landscape shaped by economic cycles, evolving brand strategies and owner decision-making. Between 1990 and May 2025, approximately 23,000 hotels changed brand affiliation, while 19,400 properties de-flagged to become independent, and 16,600 transitioned from independent to branded status.
June 4, 2025
Experts unpack demand shifts, extended-stay growth and design trends on recent Hotel News Now podcasts
Hospitality experts recently weighed in on top topics for the hotel industry — from extended-stay supply growth, consumer sentiment's effect on demand and new design trends.
June 4, 2025
Malaysia’s IOI to take full ownership of $2 billion South Beach Singapore from CDL
Malaysian firm IOI Properties Group has agreed to buy a 50.1% stake in the mixed-use South Beach Singapore from the property’s joint-venture partner Singapore investment firm City Developments Limited.
June 4, 2025
Hoteliers call for better tech, collaboration between operators and brands
NEW YORK — After a first day largely focused on ownership and investment, the second and final day of the 2025 NYU International Hospitality Investment Forum shifted to discussions about brands and hotel operators, who called for a higher degree of collaboration.
June 3, 2025
New York’s hotel industry fears ‘onerous’ impact of new law
A newly implemented law in New York is causing concern in the hotel industry over its potential impact, with executives this week calling the Safe Hotels Act both “devastating” and “onerous.”

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