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Global Report
CoStar World News for May 28Mideast tensions don’t disrupt North Africa hotels; UK dealmakers navigate crisis climate; Spanish investor eyes prominent Paris building
The evolving legal landscape of hotel franchise agreementsWith more hotel owners turning to the franchise model, they have more power at the negotiating table with brand companies.
Earlier arrival of Canadian Grand Prix fuels Montreal’s high-stakes tourism weekendFormula One visitors drive hotel room bookings and pricing, and packed dining rooms.
With Stephen Colbert signing off, the cathedral of late night awaits its next actNew York City’s Ed Sullivan Theater faces an uncertain future bound by its landmark status.
Middle East tensions dent but do not erode North Africa hotel bookingsThe fundamentals in the region are holding despite headwinds from the Middle East.
Unclear service charges for guests open hotels to legal liabilities, experts sayProviding more transparency over where the fee goes can help prevent legal action.
Earnings
Hotel executives take bullish outlook on World Cup as uncertainty persistsOptimism is pinned on demand picking up closer to the start of the monthlong tournament.
Hotel legal experts say investors must ensure they know all the details of a dealHotel investors working through a deal who don't work with legal counsel to understand the terms in a contract may find themselves in an unfavorable position later on.
Wage laws, immigration raids among top hospitality labor issuesAttorneys at the Hospitality Law Conference spoke about the need for U.S. hotel companies to be aware of employee rights and comply with the law.
Atrium Ljungberg plans Stockholm hotel, venues to help further launch Swedish musicDeveloper Atrium Ljungberg is designing a hotel and several music venues to revitalize the Slakthusområdet district of Stockholm.
Experts prioritize master planning to reinvent hotel restaurants and barsExperts say making a hotel's restaurant stand alone and feel local is key to success.
Hotel execs prepare for evolution of booking journey with rise of AIDuring an executive panel at the Americas Lodging Investment Summit CALA, GHL Hoteles CEO Andrés Fajardo said "We all have to be ready" for the significant changes to come.
Earnings
March momentum, forward-booking pace drive public hotel companies to raise outlooksBoth real estate investment trusts and hotel brand companies increased their expectations for growth this year on their first-quarter earnings calls.
US hotel lobbyists say hospitality advocacy is moving more localCity councils are the new front line for the organizations efforts, according to American Hotel & Lodging Association President and CEO Rosanna Maietta.
India’s stock exchanges for smaller businesses are a growing avenue to raise capitalHoteliers are looking to India’s small and medium enterprise-oriented stock exchanges as prime routes to raising capital and as a stepping stone to eventually list on the country’s principal bourses.

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Featured
    5 things to know
    5 things to know
    Headlines for May 29
    1. A look at the iconic hotels along Route 66
    2. New York, New Jersey probe FIFA World Cup ticket prices
    3. Hotel Equities CALA exec talks about growth of third-party operations in region
    4. US inflation jumped to 3.8% in April
    5. US first-quarter gross domestic product revised down
    Opinions
    Americans just can't keep up
    Government data on spending, savings paints a worrying picture
    Opinions
    Hospitality
    Atlanta's tallest hotel sells to firm founded by the architect who designed it
    Portman Holdings plans renovation of Westin Peachtree Plaza hotel
    Hospitality
    Podcast
    Podcast
    Sales & Marketing
    Content creation continues its ascent in hotel marketing, storytelling
    'Next Gen in Lodging' host chats with founder of Hospitality Creator Summit
    Sales & Marketing
    Podcast
    Podcast
    Analytics
    World Cup set to be a game of rate, not occupancy, for hotels
    Philadelphia, Dallas and New York City expected to outperform other host cities
    Analytics
    Brands
    Birmingham’s hotel performance set to gain despite high-speed train pain
    High Speed Two train services to run from London to Birmingham but not farther north
    Brands
    5 things to know
    5 things to know
    Headlines for May 28
    1. Tilman Fertitta to buy Caesars Entertainment for $5.7 billion
    2. Accor's Bazin to retire in May 2028
    3. Philly mayor changes course on hotel tax increase
    4. Sixth Street buys Park Hyatt Beaver Creek for $176 million
    5. Cost of travel means some will stay home this summer
    Ownership
    Fattal acquisition proposal values PPHE at just shy of £1 billion
    PPHE acknowledges 'fair' proposal and moves discussion to its shareholders
    Ownership
    Earnings
    Earnings
    Brands
    Travelodge posts 4.2% rise in revenue despite cost pressures
    UK-based firm saw improved performance through its 13 hotels in Spain
    Brands
    Opinions
    Let AI take the annoying parts of our jobs
    Delta Air Lines' new strategy for baggage transfers makes sense
    Opinions
    Podcast
    Podcast
    Operations
    Sports tourism provides winning opportunities for hoteliers
    North America has $8.1 billion in summer travel spend up for grabs, Expedia says
    Operations
    Brands
    Hilton builds on hotel openings momentum in Caribbean, Latin America
    Brand company has over 150 hotels under design and construction in region
    Brands
    Brands
    Barcelona joins London as top European hotel investment market
    Catalan capital moves up from fifth spot, CBRE says
    Brands
    Hospitality
    St. Regis Chicago spotlights a tower economy recovering at two speeds
    GD Holdings expands investment with pickup of 16 condos for $21 million
    Hospitality
    Podcast
    Podcast
    Operations
    Hoteliers face difficult path to tariff refunds
    Process could vary based on vendor, expert said
    Operations
    Brands
    Hyatt grows its all-inclusive segment to attract younger travelers with more high-end experiences
    Longtime players in the space, Hyatt seeks expansion in Caribbean and Latin America
    Brands
    Opinions
    When to get the asset manager involved on a hotel acquisition
    The earlier in the process the better
    Opinions
    People
    Choice Hotels International CEO steps down
    Patrick Pacious served in the role since 2017
    People
    Ownership
    Driftwood Capital targets key Caribbean, Latin American markets for strategic luxury growth
    Company prioritizes adaptive reuse, repositioning projects
    Ownership
    Brands
    Hospitality Industry Stock Tracker
    Here’s a Live Overview of What’s Happening in the Market Today
    Brands
    International News
      United Kingdom
      UAE's Select Group acquires three UK golf hotels
      Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
      United Kingdom
      Brazil
      Rio’s free mega concerts continue driving gains for local hotels
      Annual Todo Mundo no Rio show pushes rates, revenues up
      Brazil
      United Kingdom
      Ireland’s AIB Group refinances four hotels in Dublin, Limerick and Galway
      The hotels are part of Ireland's MHL Hotel Collection
      United Kingdom
      Sweden
      Atrium Ljungberg plans Stockholm hotel, venues to help further launch Swedish music
      Redevelopment of Slakthusområdet district one of Scandinavia’s major projects
      Sweden
      Nigeria
      Accor to double hotel count in Nigeria following Shoreline Group deal
      Shoreline Group to invest $300 million as part of 10-hotel deal
      Nigeria
      Spain
      Stoneshield takes 9.5% stake in Spanish hotel firm Meliá Hotels International
      The move makes the investor Meliá’s second-largest shareholder
      Spain
      United States
      European tourism robust but increasingly fragmented
      Tourist demand for Europe remains strong but is shifting
      United States
      India
      India’s stock exchanges for smaller businesses are a growing avenue to raise capital
      Listing on NSE Emerge and BSE SME are stepping stones to full stock exchange listing
      India
      Saudi Arabia
      Saudi Arabia is scaling back some lofty development plans, but hotel investors remain all-in
      Hoteliers take long view on the kingdom, despite pressures from war in Iran
      Saudi Arabia
      United Kingdom
      KSL sells Scotland’s Cameron House for £100 million
      Hotel only third in Scotland to transact for more than nine figures
      United Kingdom
      Ireland
      Crowley to step down as CEO of Irish hotel firm Dalata
      Scandic to acquire Dalata operations by end of year
      Ireland
      Italy
      Covivio, Invest acquire four hotels in Milan for €217 million
      Invest will continue to manage the 21-year-long leases
      Italy
      Finland
      Hotel owners, operators size up investment shifts in Nordics
      Luxury segment will work if international brands show the way
      Finland
      Hotel Equities meshes American corporate discipline, local hospitality in Caribbean and Latin America
      By Bryan Wroten
      The third-party hotel management firm marks a year operating in the CALA region.
      Rate-led growth defines US hotel performance amid global uncertainty
      U.S. hotel average daily rate continues to outpace hotel demand, with strength at the high end and event-driven gains reinforcing a widening class divide.
      U.S. hotel average daily rate continues to outpace hotel demand, with strength at the high end and event-driven gains reinforcing a widening class divide.
      Texas billionaire Fertitta to buy Caesars Entertainment
      Houston-based Fertitta Entertainment will acquire Caesars Entertainment for $5.7 billion, but the deal also includes $11.9 billion in debt assumption.
      Houston-based Fertitta Entertainment will acquire Caesars Entertainment for $5.7 billion, but the deal also includes $11.9 billion in debt assumption.
      Accor CEO Sébastien Bazin to leave by May 2028
      Accor CEO Sébastien Bazin, who has held the role since 2013, said he would leave before his contract expires in 2028 if his successor is found sooner.
      Accor CEO Sébastien Bazin, who has held the role since 2013, said he would leave before his contract expires in 2028 if his successor is found sooner.
      Podcast
      Spring hotel performance bodes well for summer's strength
      In the April episode of "Tell Me More: A Hospitality Data Podcast," the hosts unpack April's stellar hotel performance and what it means for rate and revenue gains moving forward.
      In the April episode of "Tell Me More: A Hospitality Data Podcast," the hosts unpack April's stellar hotel performance and what it means for rate and revenue gains moving forward.
      Hotels adapt breakfast options to match type of guest
      Sit-down dining is still relevant for resort vacations.
      Sit-down dining is still relevant for resort vacations.
      Featured
        5 things to know
        5 things to know
        Headlines for May 29
        1. A look at the iconic hotels along Route 66
        2. New York, New Jersey probe FIFA World Cup ticket prices
        3. Hotel Equities CALA exec talks about growth of third-party operations in region
        4. US inflation jumped to 3.8% in April
        5. US first-quarter gross domestic product revised down
        Opinions
        Americans just can't keep up
        Government data on spending, savings paints a worrying picture
        Opinions
        Hospitality
        Atlanta's tallest hotel sells to firm founded by the architect who designed it
        Portman Holdings plans renovation of Westin Peachtree Plaza hotel
        Hospitality
        Podcast
        Podcast
        Sales & Marketing
        Content creation continues its ascent in hotel marketing, storytelling
        'Next Gen in Lodging' host chats with founder of Hospitality Creator Summit
        Sales & Marketing
        Podcast
        Podcast
        Analytics
        World Cup set to be a game of rate, not occupancy, for hotels
        Philadelphia, Dallas and New York City expected to outperform other host cities
        Analytics
        Brands
        Birmingham’s hotel performance set to gain despite high-speed train pain
        High Speed Two train services to run from London to Birmingham but not farther north
        Brands
        5 things to know
        5 things to know
        Headlines for May 28
        1. Tilman Fertitta to buy Caesars Entertainment for $5.7 billion
        2. Accor's Bazin to retire in May 2028
        3. Philly mayor changes course on hotel tax increase
        4. Sixth Street buys Park Hyatt Beaver Creek for $176 million
        5. Cost of travel means some will stay home this summer
        Ownership
        Fattal acquisition proposal values PPHE at just shy of £1 billion
        PPHE acknowledges 'fair' proposal and moves discussion to its shareholders
        Ownership
        Earnings
        Earnings
        Brands
        Travelodge posts 4.2% rise in revenue despite cost pressures
        UK-based firm saw improved performance through its 13 hotels in Spain
        Brands
        Opinions
        Let AI take the annoying parts of our jobs
        Delta Air Lines' new strategy for baggage transfers makes sense
        Opinions
        Podcast
        Podcast
        Operations
        Sports tourism provides winning opportunities for hoteliers
        North America has $8.1 billion in summer travel spend up for grabs, Expedia says
        Operations
        Brands
        Hilton builds on hotel openings momentum in Caribbean, Latin America
        Brand company has over 150 hotels under design and construction in region
        Brands
        Brands
        Barcelona joins London as top European hotel investment market
        Catalan capital moves up from fifth spot, CBRE says
        Brands
        Hospitality
        St. Regis Chicago spotlights a tower economy recovering at two speeds
        GD Holdings expands investment with pickup of 16 condos for $21 million
        Hospitality
        Podcast
        Podcast
        Operations
        Hoteliers face difficult path to tariff refunds
        Process could vary based on vendor, expert said
        Operations
        Brands
        Hyatt grows its all-inclusive segment to attract younger travelers with more high-end experiences
        Longtime players in the space, Hyatt seeks expansion in Caribbean and Latin America
        Brands
        Opinions
        When to get the asset manager involved on a hotel acquisition
        The earlier in the process the better
        Opinions
        People
        Choice Hotels International CEO steps down
        Patrick Pacious served in the role since 2017
        People
        Ownership
        Driftwood Capital targets key Caribbean, Latin American markets for strategic luxury growth
        Company prioritizes adaptive reuse, repositioning projects
        Ownership
        Brands
        Hospitality Industry Stock Tracker
        Here’s a Live Overview of What’s Happening in the Market Today
        Brands
        International News
          United Kingdom
          UAE's Select Group acquires three UK golf hotels
          Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
          United Kingdom
          Brazil
          Rio’s free mega concerts continue driving gains for local hotels
          Annual Todo Mundo no Rio show pushes rates, revenues up
          Brazil
          United Kingdom
          Ireland’s AIB Group refinances four hotels in Dublin, Limerick and Galway
          The hotels are part of Ireland's MHL Hotel Collection
          United Kingdom
          Sweden
          Atrium Ljungberg plans Stockholm hotel, venues to help further launch Swedish music
          Redevelopment of Slakthusområdet district one of Scandinavia’s major projects
          Sweden
          Nigeria
          Accor to double hotel count in Nigeria following Shoreline Group deal
          Shoreline Group to invest $300 million as part of 10-hotel deal
          Nigeria
          Spain
          Stoneshield takes 9.5% stake in Spanish hotel firm Meliá Hotels International
          The move makes the investor Meliá’s second-largest shareholder
          Spain
          United States
          European tourism robust but increasingly fragmented
          Tourist demand for Europe remains strong but is shifting
          United States
          India
          India’s stock exchanges for smaller businesses are a growing avenue to raise capital
          Listing on NSE Emerge and BSE SME are stepping stones to full stock exchange listing
          India
          Saudi Arabia
          Saudi Arabia is scaling back some lofty development plans, but hotel investors remain all-in
          Hoteliers take long view on the kingdom, despite pressures from war in Iran
          Saudi Arabia
          United Kingdom
          KSL sells Scotland’s Cameron House for £100 million
          Hotel only third in Scotland to transact for more than nine figures
          United Kingdom
          Ireland
          Crowley to step down as CEO of Irish hotel firm Dalata
          Scandic to acquire Dalata operations by end of year
          Ireland
          Italy
          Covivio, Invest acquire four hotels in Milan for €217 million
          Invest will continue to manage the 21-year-long leases
          Italy
          Finland
          Hotel owners, operators size up investment shifts in Nordics
          Luxury segment will work if international brands show the way
          Finland
          Categories