5 things to know for Dec. 12
Today's headlines: European Central Bank makes fourth rate cut of 2024; LA approves minimum wage hike for tourism workers; The growth of franchising in Australia; Approval for hotel in Central California sparks controversy; Economists surprised by jump in US jobless claims
Editor's Note: Some linked articles may be behind subscription paywalls.
American Hotel & Lodging Association outlines US lame-duck legislation wish list
Hotel lobbying organization pushing for national rate transparency law
A recent open letter to the U.S. Congress outlines the American Hotel & Lodging Association's wish list for legislation during the current lame-duck session, headlined by the organ...
5 things to know for Dec. 11
Today's headlines: Strikes expected to disrupt travel in Europe; A look at Delano's planned expansion, revamp in Miami; How hoteliers are reacting to the UK budget; Consumer prices jumped in November; JetBlue's plan to soar back
Editor's Note: Some linked articles may be behind subscription paywalls.
Hotel News Now podcasts tackle top headlines of November
Headlines include: How a second Trump administration will impact labor; 2025 hotel demand expectations; Why hoteliers should feel thankful; The importance of networking for young hoteliers; Wyndham's expections for francising growth across Europe
The latest episode of the Hotel News Now podcast recaps five top moments from across the Hotel News Now podcast network in November.
5 things to know for Dec. 10
Today's headlines: Small business optimism spikes; Union pushes for JPMorgan to move San Francisco conference; A look at the hotel impact from the Eras Tour; Boeing resumes some production, announces layoffs; LVMH invests in French hotel firm
Editor's Note: Some linked articles may be behind subscription paywalls.
How hotel brand companies stack up with net unit growth
Executives see improving conditions for hotel development
Falling interest rates and better overall conditions for construction have set up the global hotel brand companies for a new wave of growth heading into 2025, and many brand execut...
The 'war for talent' rages on
Finding good people is still a hotel company's top task
In roughly the past week and a half, we've published two podcasts at HNN taking an inside look at hotel operator mergers and acquisitions.
The emotional side of hotel company mergers and acquisitions with Prism founder Steve Van
Exec shares personal experiences navigating change amid wave of deals
Steve Van never intended to sell Prism Hotels & Resorts — a company he founded and ran for nearly four decades — until executives at Aimbridge Hospitality came calling.
DiamondRock's expectations for 2025 are stronger travel demand, selling noncore hotels
Easing monetary policy to hit main street next year, CEO says
After a third quarter described as "largely in line with expectations," officials with DiamondRock Hospitality Company see more optimism on the horizon, with expectations for stron...
Service Properties Trust makes first progress with hotel sales plans
REIT has eight hotels under contract to sell out of 114
Officials with hotel- and retail-focused real estate investment trust Service Properties Trust have a portfolio of eight hotels under contract to sell.
Growth avenues and the 'war for talent': An expert's takeaways on a wave of hotel management mergers
Former Chesapeake, Remington exec dissects several recent deals
The hotel industry has seen a recent wave of mergers and acquisitions among hotel management companies. Putting these types of deals together takes a considerable amount of work an...
Hotel operator Pyramid merges European division with Axiom
Deal adds 30 hotels to Pyramid's portfolio
Pyramid Global Hospitality announced a "strategic merger" of its European division — Hamilton Pyramid Europe — and London-based Axiom Hospitality.
Will the hotel industry finally reckon with being under-renovated?
Hotel brands seem to be dealing with the reality of delinquent property improvement plans
We've known for multiple years following the COVID-19 pandemic that the hotel industry has been under-renovated.
Reporters talk top hospitality headlines of October 2024
Headlines include: Aimbridge CEO's progress after six months; 2025 travel trends from Expedia; Hall Group's luxury hotel expansion; More credibility for serviced apartments; Pharrell Williams joins group to buy Paris hotel
The latest episode of the Hotel News Now podcast recaps five of the top headlines of October.
Hyatt sees elevated attrition as some hotel owners resist renovations
Executives say they've maintained strong net growth as older hotels exit portfolio
Even as officials with Hyatt Hotels Corporation reported a new record pipeline, executives say they're seeing an outsize attrition from their portfolio from hotel owners unwilling ...
MGM touts stronger-than-expected results from Marriott partnership
Chinese portfolio recorded record results in third quarter
MGM Resorts International executives say the company's partnership to list Las Vegas Strip properties on Marriott International's Bonvoy loyalty app is providing better-than-expect...
Strikes cast clouds over Park Hotels' otherwise 'solid' third quarter
Execs offer no timetable for employees returning to largest property
Executives with Park Hotels & Resorts believe the hotel-focused real estate investment trust had a "solid" third quarter, but performance was nonetheless mired by strikes at severa...
Hyatt to add 12,000 all-inclusive rooms through joint venture with Grupo Piñero
Deal to expand Hyatt's all-inclusive portfolio by 30%
Hyatt Hotels Corporation has a new joint venture with Grupo Piñero that will grow Hyatt's all-inclusive portfolio by 30%.
5 things to know for Oct. 25
Today's headlines: Strength in Europe could push Accor over €1 billion in earnings; Las Vegas Sands to invest $8 billion in Singapore resort; LA hotel worker minimum wage could hit $25 an hour in 2025; Chinese officials set meeting to talk next stimulus wave; Jobs hard to find in hurricane-affected areas
Editor's Note: Some linked articles may be behind subscription paywalls.
Can China turn a short-term boost into a long-term rebound?
Other Asia-Pacific nations such as Australia and New Zealand face different recovery paths
Multiple waves of fiscal stimulus and the Golden Week travel holiday has given China an air of hopefulness despite economic headwinds, but STR's Jesper Palmqvist says the region ha...