Long-vacant Millennium St. Louis to be demolished in $670 million revitalization project
The Cordish Companies to redevelop former hotel site
A long-vacant hotel in downtown St. Louis, Missouri, will be torn down and redeveloped, and the nonprofit leading the initiative just revealed the details of the project’s $670 mil...
Austin-based New Waterloo doubles down on unique experiences in underserved markets
Two new hotels reflect culture, history of locations
Last month, Austin-based hospitality company New Waterloo opened two hotels three weeks and 1,500 miles apart — each delivering much-needed experiences to the regions they’ve opene...
Hyatt CEO: Investor interest in all-inclusive resorts up as segment hits 'inflection point'
Hotel brand company has pending $2.6 billion acquisition of all-inclusive-focused Playa Hotels & Resorts
As Hyatt expands its all-inclusive resort affiliations, most recently with its pending acquisition of Playa Hotels & Resorts, President and CEO Mark Hoplamazian said “the ice has b...
Expedia reports travel bookings grew double-digits in fourth quarter
Online travel agency looks to AI for improving customer, partner products
Expedia Group reported double-digit gains across several of its metrics for the fourth quarter in its latest earnings report, rounding out an overall successful 2024 for the compan...
5 things to know for Feb. 6
Today’s headlines: UK cuts interest rate; US hotel data reflects growth compared to 2024; Hilton boasts positive year on its earnings call; Greece declares state of emergency amid continued earthquakes; British bank backs refinancing of two Marriott hotels
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5 things to know for Feb. 5
Today's headlines: Potential trade war, Uber's earnings call drive dip in financial market; Super Bowl hotel prices soar as ticket resale prices drop; Incoming earnings calls to reflect hotel industry's response to global uncertainty; California's 2024 hotel sales report reflects disconnect in market; US airlines to relaunch Tel Aviv flights
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California hotel deals environment 'reflects disconnect' between buyers and sellers
2024 dollar volume down 10.4% from prior year
California hotel owners faced another tough year in 2024, with hotel deal dollar volume dropping 10.4% to its fourth lowest point in the past 15 years, according to a year-end surv...
5 things to know for Feb. 4
Today’s Headlines: Trump’s North American tariff takeback and China’s response; Indian hotel company gets greenlight for IPO; Hotels embrace ‘analog travel’ and sleep tourism; Long-standing hotel next to White House secures owner; Former boy band heartthrob to open Florida hotel
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Hotel wellness trends this year focus on rest, reconnection and holistic well-being
Spas expand hours, services
Travelers this year are looking to slow things down, disconnect and focus on themselves, and experts say hoteliers should take note of key wellness and well-being trends that refle...
5 things to know for Feb. 3
Today’s headlines: Trump’s tariffs tank market, increase concerns for hotels; Report: Climate change to take $1.47 trillion hit on real estate value; Hotel industry to see more vertical integration opportunities; Playa, Hyatt extend acquisition discussions; Taliban takes over luxury hotel in Afghanistan
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AI everywhere all at once: How further adoption 'will change everything' in hotels
Experts weigh in on increased cybersecurity and the need for payments innovation
When it comes to technology trends in the hotel and hospitality industry, artificial intelligence is no longer its own tech vertical. Instead, it’s affecting the sector across the ...
IHG Hotels & Resorts brings on new lending partner to drive US development
Tapping Avana for a co-lending program, IHG hopes to spark American hotel growth
IHG Hotels & Resorts is working with a new partner on a co-lending construction program to spur hotel development for the brand company.
Choice Hotels taps new partner to expand booking options
Brand adds 21 Westgate Resorts properties to its platform
Under a new strategic partnership, Choice Hotels International and Westgate Resorts have joined forces to make all 21 of Westgate's destinations available on the Choice booking pla...
Historic Manhattan hotel secures $195 million refinancing
Access Point Financial arranged The Beekman's new capital for owner GFI Hospitality
New York-based GFI Hospitality has refinanced The Beekman, A Thompson Hotel for $195 million through Atlanta-based lender Access Point Financial.
5 things to know for Jan. 16
Today's headlines: Lenders take ownership of Aimbridge; Incoming polar vortex to plunge temps across the country; Miramar announces $400 million hotel development in Hong Kong; Whitbread execs tout market share gains in latest earnings report; Greek hotels to tap into saltwater for pools amid drought
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for Jan. 15
Today's headlines: Small business confidence hits 6-year high; LA fires to leave lasting impact on local economy; Adding elevated mocktail options serves up opportunities for hotels to impress guests; US, UK report updated inflation figures; New York sees results from congestion pricing
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