HOTEL NEWS
CoStar World News for Oct. 9Hotelier plans Egypt expansion; Pending London big-ticket office sales rise; Blackstone to buy large French industrial portfolio
Union activity at hotels takes quieter tone in 2025In one of the major industry shifts year over year, hotel-focused labor activity has quieted down significantly in 2025.
Despite economic and overtourism challenges, hoteliers look to tomorrow's opportunitiesThe hotel industry resilient, but the pressures on it are real. Understanding current and future guest concerns around consumer spending, sustainability and more will help hoteliers turn challenges into opportunities.
Smith Hill Capital, Bain Capital close $216 million refinancing of Westin New York Grand CentralThe joint venture between Smith Hill Capital and Bain Capital closed on a $216 million refinancing of the Westin New York Grand Central.
CoStar World News for Oct. 2Italian hotels poised for more growth; Blackstone launches UK logistics CMBS sale; Europe seen as safe haven for property deals
While hoteliers face challenges, lender interest in London and rest of UK remains highHotels in both London and the U.K. regions remain attractive to operators and investors, according to attendees at the second day of the Annual Hospitality Conference.
How Parc 55, Hilton Union Square became the hotels that define San FranciscoA look back at the history of the Parc 55 San Francisco and Hilton San Francisco Union Square hotels now that buyers have received court approval to acquire the two foreclosed properties.
Queens pulls ahead in high-stakes competition for New York casinoBillionaire Steve Cohen’s project received unanimous local committee support, doubling the borough’s chances.
Despite global economic shocks, UK hotels look for ways to add valueThroughout the Annual Hospitality Conference, speakers weighed their biggest concerns to drag the U.K. economy and hotel performance throughout the country in the months ahead.
Inside the food-and-beverage operations at a family-owned hotelMassimo Caruso joined the latest episode of the Next Gen in Lodging podcast to discuss his life and career in the hotel industry.
Bally’s Bronx casino bid wins local panel supportThe 5-1 vote advances the New York City project to the next round.
Italian hotel industry poised for more growth as travel market maturesItaly has become an aspirational destination for travelers, including the returning Chinese and growing Indian markets. But to offset concerns around overtourism, staff readiness and commercial risk, hoteliers must exercise patience.
Featured
5 things to know
5 things to know
Analytics
Hotels in Las Vegas and Chicago see major gains in average daily rate
Analytics
Operations
Hospitality executives call for more AI use to help margins
Operations
Analytics
Hotel bookings expected to pick up in early December after official tournament draw
Analytics
Brands
Design takes inspiration from Pan Am’s famed New York City airport hub
Brands
5 things to know
5 things to know
Earnings
Brands
Baird Hotel Stock Index declines 4.1%
Brands
Brands
Dazzler Select to target independent hotel conversions, attract younger travelers
Brands
$115 million deal expected to close in November
Opinions
The next generation of hoteliers is hungry to learn from mentors
Opinions
Brands
First openings for lifestyle soft brand expected in November
Brands
Ownership
7,528-key collection spans 25 US states across different market types
Ownership
Ownership
Properties include Hilton Garden Inn, Motto by Hilton in Manhattan
Ownership
Podcast
Operations
Soft demand, increasing costs put pressure on hoteliers
Operations
Hospitality
Singapore-based hotel REIT faces $100 million shortfall in brand-mandated renovations for US hotel portfolio
Hospitality
Analytics
Regional parks see lower spending while destination parks benefit from wealthier guests
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Spain
Medplaya's operating platform includes 15 hotels with all but one on Spain's Mediterranean coast
Spain
Egypt
As part of deal, Minor to debut Anantara hotel brand and operate seven Nile cruise boats
Egypt
Austria
Upscale hotels in northern and western Europe to be the focus
Austria
Canada
'Buy Canadian' movement benefits hoteliers across the country
Canada
Podcast
China
Business travel still a focus in Asia-Pacific destinations even around typhoons
China
United Kingdom
Hotel investors still view London as a top target in Europe
United Kingdom
France
Buyers are Bain Capital, Columbia Threadneedle and QuinSpark Investment Partners
France
Saudi Arabia
Most complex developments are being reevaluated or extended as Saudi officials try to diversify country's economy
Saudi Arabia
France
Head of LVMH pays €200 million for hotel near Monaco
France
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
South Korea
Former owner Samjeong collapsed following Busan hotel fire, deaths
South Korea
India
The three hotel firms operate 154 hotels, nearly all in India
India
An increase in hotel average daily rates will drive revenue per available room growth for 2026 FIFA World Cup host markets, but hoteliers and analysts alike worry that demand could be tempered due to displaced group business.
Pressure builds as hotel sales slump continues
Executives from lodging real estate investment trusts and private equity ownership spoke about what it will take to jump-start significant hotel transactions.
Hotel guests to prioritize 'emotional resonance' in 2026 trips, Hilton says
Hilton's 2026 Trends Report projects an added focus on silence, comfort and connection with family in travel.
'Confusion, chaos and uncertainty' of current administration weigh on US hotel industry, economist says
The Economic Outlook Group's Bernard Baumohl spoke about the effect the Trump administration is having on the U.S. economy and hotel industry.
Hotel transactions climate in UK settles slightly as investors become 'dolphin-ish'
Buoyed by liquidity and travel demand, the U.K. hotel transactions market remains stable as investors await more interest rate declines and an increase in distressed hotels coming to market.
AHLA, business coalition seek long-term fix to chronic seasonal hotel worker shortages
Ashley McNeil, vice president of federal government affairs at the American Hotel and Lodging Association, calls for legislative action to fix the H-2B visa program on the recent episode of the CoStar News Hotels podcast.
Featured
5 things to know
5 things to know
Analytics
Hotels in Las Vegas and Chicago see major gains in average daily rate
Analytics
Operations
Hospitality executives call for more AI use to help margins
Operations
Analytics
Hotel bookings expected to pick up in early December after official tournament draw
Analytics
Brands
Design takes inspiration from Pan Am’s famed New York City airport hub
Brands
5 things to know
5 things to know
Earnings
Brands
Baird Hotel Stock Index declines 4.1%
Brands
Brands
Dazzler Select to target independent hotel conversions, attract younger travelers
Brands
$115 million deal expected to close in November
Opinions
The next generation of hoteliers is hungry to learn from mentors
Opinions
Brands
First openings for lifestyle soft brand expected in November
Brands
Ownership
7,528-key collection spans 25 US states across different market types
Ownership
Ownership
Properties include Hilton Garden Inn, Motto by Hilton in Manhattan
Ownership
Podcast
Operations
Soft demand, increasing costs put pressure on hoteliers
Operations
Hospitality
Singapore-based hotel REIT faces $100 million shortfall in brand-mandated renovations for US hotel portfolio
Hospitality
Analytics
Regional parks see lower spending while destination parks benefit from wealthier guests
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Spain
Medplaya's operating platform includes 15 hotels with all but one on Spain's Mediterranean coast
Spain
Egypt
As part of deal, Minor to debut Anantara hotel brand and operate seven Nile cruise boats
Egypt
Austria
Upscale hotels in northern and western Europe to be the focus
Austria
Canada
'Buy Canadian' movement benefits hoteliers across the country
Canada
Podcast
China
Business travel still a focus in Asia-Pacific destinations even around typhoons
China
United Kingdom
Hotel investors still view London as a top target in Europe
United Kingdom
France
Buyers are Bain Capital, Columbia Threadneedle and QuinSpark Investment Partners
France
Saudi Arabia
Most complex developments are being reevaluated or extended as Saudi officials try to diversify country's economy
Saudi Arabia
France
Head of LVMH pays €200 million for hotel near Monaco
France
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
South Korea
Former owner Samjeong collapsed following Busan hotel fire, deaths
South Korea
India
The three hotel firms operate 154 hotels, nearly all in India
India
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