In August, the most-read Hotel News Now content of the month included the sale of the Hyatt Regency Orlando for more than $1 billion, a 2025 forecast for the hotel industry, and more.
Click on each headline to read more, and below check out the Hotel News Now editorial team's top picks from the month.
article1 Min ReadAugust 19, 2024 10:25 AMHyatt Hotels Corp. continues its asset-light strategy with the $1.07 billion sale of and long-term management agreement for the 1,641-room Hyatt Regency Orlando to RIDA Development and Ares Management.
article3 Min ReadAugust 12, 2024 10:05 AMA new nationwide law could be passed by the end of the year that mirrors California's new rules on how hotels must present their rates.
article3 Min ReadAugust 20, 2024 04:57 PMHyatt Hotels Corporation will pay an initial $150 million in the deal with the potential for another $185 million based on future growth.
article4 Min ReadAugust 13, 2024 09:12 AMU.S. hoteliers are optimistic that the recovery and continued growth of group demand segments will be sustainable going into 2025.
article3 Min ReadAugust 07, 2024 11:17 AMHilton executives are bullish following several notable acquisitions and partnerships that have boosted the company's rooms count, but they tempered guidance expectations as leisure demand has been soft.
HNN Staff Picks
- Stephanie Ricca: Paris’ Olympics Moment for Hoteliers Was Gold-Medal Worthy
- Sean McCracken: International Travel Is a Short-Term Headwind, Long-Term Boost for US Hotels
- Terence Baker: Local Involvement Is the Key Component to AutoCamp's Expansion of Glamping Retreats
- Bryan Wroten: From Small Player to Key Stakeholder: Hotel Revenue Managers on the Discipline's Evolution
- Trevor Simpson: Unpacking the Fears and Opportunities Around AI in the Hotel Industry
- Dan Kubacki: DNC Gives Boost To Chicago Hotels, But How Much Remains a Question