HOTEL NEWS
Global Report
CoStar World News for July 3Singapore gets first Raffles hotel since 1887; UK defense spending hike could boost industrial demand; Blackstone ramps up French investments
Hoteliers in Africa devise novel financing options to increase openingsHoteliers across Africa are finding new ways to finance development across the continent, though lenders still shy away from certain regions due to risk and uncertainty.
Valor Hospitality grows management portfolio across Africa with franchising focusValor Hospitality executives Euan McGlashan and Tony Romer-Lee discuss the company's hotel growth aspirations across new markets in Africa.
Podcast
Challenges and opportunities abound for hoteliers in ThailandThe country remains a luxury travel destination but faces geopolitical headwinds.Here's how official bids for New York’s casino licenses stack upThese major developers and operators are competing for the right to run gaming operations in the nation's biggest market.
Video
Hotel transactions could see uptick in late 2025, JLL's Kevin Davis saysThe executive predicts an increase in deals as investors adjust to market conditions.US, Canada hotel performance picks up as summer season beginsThe Juneteenth holiday and declines in Las Vegas and Houston had notable impacts.
This San Diego building shows why some offices can become hotels — and others can'tDeveloper J Street and Hyatt are planning a $250 million dual-brand hospitality complex as developers try to make workspaces into new uses.
Podcast
How the hotel industry can keep properties safe and inclusive for guestsIn this Pride Month episode of the Next Gen in Lodging podcast, host Chris Henry and guests discuss how the hotel industry has remained more committed to inclusion than other sectors.Podcast
Sonesta embarks on new stage of growth as parent company continues to sell down assetsSonesta International Hotels Chief Development Officer Brian Quinn said after closing real estate sales, his company will shift focus to franchise opportunities.Video
Why the Springboard, Hotel Equities merger is different than other hotel dealsCEO Ben Rafter said the entrepreneurialism and varied strength of Springboard Hospitality and Hotel Equities makes the combined company different than other mergers built around synergies and corporate cuts.Singapore debuts first new Raffles hotel since 1887The recent debut of the Raffles Sentosa Singapore, while nodding at the heritage of the original, is poised for the new era of sustainability, exclusivity, seclusion and design.
Hoteliers push for different hotel sustainability requirements from market to marketTourism and sustainability experts in Africa discussed the pitfalls of applying international ESG standards across every market, which could be unmanageable and counterproductive.
Video
Aimbridge focuses on hotel quality, partnerships as part of revised strategyThe hotel management company recapitalized, and it changed its ownership structure to start 2025.Video
Hyatt bolsters perks for growing loyalty program with acquisition, new brand launchIn a recent video interview, Hyatt Hotels Corp. executive Laurie Blair said growth for World of Hyatt is 'not slowing down.'Featured
CoStar Group wins gold medal in largest US real estate journalism contestJudges recognized a podcast analyzing hospitality trends as well as post-hurricane coverage in North Carolina. Creativity, alignment and passion will unlock Africa’s vast hotel potentialDespite its hotel development challenges, Africa presents plenty of opportunities to savvy investors and operators that can embrace the continent and leverage its unique qualities for return on investment.
Hoteliers hope AI can lead to renaissance for commercial strategyHoteliers at HSMAI's 2025 Commercial Strategy Conference say both marketing and distribution require greater focus and appreciation, and artificial intelligence tools might revitalize strategy.
Growing environmental risk reaffirms need for green, resilient hotel developmentExperts discussed how proactive planning and community resilience are necessary for navigating the future of increased climate disasters.
Featured
5 things to know
5 things to know
Opinions
Convoluted standards get in the way of desired objectives
Opinions
Development
Newly signed measure said to hold some positives for industry, driven by tax incentives
Development
Video
Analytics
Hotel leisure demand alive and well while business demand retreats
Analytics
Ownership
Receivers put serviced apartment on market following dispute between former owners
Ownership
HNN Blog
HNN Blog
Opinions
South Africa tops the Gini index, the most inequal country on the planet
Opinions
Brands
Real estate portfolio includes 15 all-inclusive resorts
Brands
Video
Video
Operations
KSL-backed platform focuses on long-term vision
Operations
5 things to know
5 things to know
Revenue Management
Goals tied to real work functions and tangible benefits for hitting them are key
Revenue Management
Operations
Jason Rabidoux of Davidson Hospitality on muted RevPAR, shift to experiential hotels
Operations
Finance
The resort last changed hands in 2021 in a portfolio with additional hotels
Finance
Development
Joint venture to provide $7.5 million to Miami Beach cultural center as part of deal
Development
Finance
Program designed to connect hotel investors with lenders in fractured financing environment
Finance
Podcast
Podcast
Analytics
'Tell Me More' podcast hosts unpack May demand as an indicator of seasonal sluggishness
Analytics
People
116-year-old Rathbone Hotel leads wave of rural hospitality redevelopment
People
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Congo
Lenders shy away from large swaths of the continent due to risk and uncertainty
Congo
Japan
Ishin has 17 urban hotels in its portfolio
Japan
South Africa
Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
South Africa
Hungary
Ownership consortium headed by Hungarian prime minister’s son-in-law
Hungary
Singapore
Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
Singapore
United Kingdom
Approximately 225 hotels being used by migrants, down from more than 400 in 2023
United Kingdom
Philippines
New hotels in The Philippines will be affiliated with Radisson Hotel Group brands
Philippines
Australia
Banks set performance targets with green loans
Australia
Spain
The budget brand is open to franchising
Spain
Ireland
Irish hotel firm has been under strategic review and open to offers
Ireland
Singapore
Mixed-use development contains a 634-room JW Marriott hotel
Singapore
Exclusive
Exclusive
France
Accor’s Gaurav Bhushan to chair new Accor-InterGlobe platform
France
Podcast
Podcast
Hong Kong
Occupancy is up 4% while average daily rate is down 4%
Hong Kong
Australia
Partnership between IHG, Salter Brothers involves six Australian hotels
Australia
Spain
Atom Hoteles sold another Spanish hotel in December for more than twice the amount
Spain
Earnings
Earnings
India
Smaller debt load values offering at $409 million, down 30% since Schloss Bangalore's initial estimates
India
Bahamas
Redevelopment of Grand Lucayan Resort will create a destination for cruisegoers
Bahamas
CoStar News Hotels rounds up some of the largest individual and portfolio hotel transactions.
CoralTree charts measured growth as resort business outperforms expectations
Executive Vice President Mike Everett points to steady leisure and group demand driving plans to expand CoralTree's portfolio in the Northeast and beyond.
Blackstone Real Estate to buy Sunseeker Resort Charlotte Harbor for $200 million
Blackstone Real Estate will buy the 785-key Sunseeker Resort Charlotte Harbor from Allegiant Travel Co., which intends to pay down debt and improve its balance sheet with the proceeds from the sale.
How a London general manager plays on dual-branded hotels' connections and individuality
David Hayden, a general manager of the dual-branded Mercure London Earls Court and Ibis London Earls Court, shares best practices for efficiently operating two hotels that share the same building.
How hotel companies can get more out of online travel agencies
Hotel companies have opportunities to leverage online travel agency data and technology for revenue, sales and marketing.
Deep dive: Here are some of the world's most interesting hotel pools
From mountain views to spa escapes, here's where you can cool off in some of the most interesting hotel pools from all around the world.
Featured
5 things to know
5 things to know
Opinions
Convoluted standards get in the way of desired objectives
Opinions
Development
Newly signed measure said to hold some positives for industry, driven by tax incentives
Development
Video
Analytics
Hotel leisure demand alive and well while business demand retreats
Analytics
Ownership
Receivers put serviced apartment on market following dispute between former owners
Ownership
HNN Blog
HNN Blog
Opinions
South Africa tops the Gini index, the most inequal country on the planet
Opinions
Brands
Real estate portfolio includes 15 all-inclusive resorts
Brands
Video
Video
Operations
KSL-backed platform focuses on long-term vision
Operations
5 things to know
5 things to know
Revenue Management
Goals tied to real work functions and tangible benefits for hitting them are key
Revenue Management
Operations
Jason Rabidoux of Davidson Hospitality on muted RevPAR, shift to experiential hotels
Operations
Finance
The resort last changed hands in 2021 in a portfolio with additional hotels
Finance
Development
Joint venture to provide $7.5 million to Miami Beach cultural center as part of deal
Development
Finance
Program designed to connect hotel investors with lenders in fractured financing environment
Finance
Podcast
Podcast
Analytics
'Tell Me More' podcast hosts unpack May demand as an indicator of seasonal sluggishness
Analytics
People
116-year-old Rathbone Hotel leads wave of rural hospitality redevelopment
People
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Congo
Lenders shy away from large swaths of the continent due to risk and uncertainty
Congo
Japan
Ishin has 17 urban hotels in its portfolio
Japan
South Africa
Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
South Africa
Hungary
Ownership consortium headed by Hungarian prime minister’s son-in-law
Hungary
Singapore
Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
Singapore
United Kingdom
Approximately 225 hotels being used by migrants, down from more than 400 in 2023
United Kingdom
Philippines
New hotels in The Philippines will be affiliated with Radisson Hotel Group brands
Philippines
Australia
Banks set performance targets with green loans
Australia
Spain
The budget brand is open to franchising
Spain
Ireland
Irish hotel firm has been under strategic review and open to offers
Ireland
Singapore
Mixed-use development contains a 634-room JW Marriott hotel
Singapore
Exclusive
Exclusive
France
Accor’s Gaurav Bhushan to chair new Accor-InterGlobe platform
France
Podcast
Podcast
Hong Kong
Occupancy is up 4% while average daily rate is down 4%
Hong Kong
Australia
Partnership between IHG, Salter Brothers involves six Australian hotels
Australia
Spain
Atom Hoteles sold another Spanish hotel in December for more than twice the amount
Spain
Earnings
Earnings
India
Smaller debt load values offering at $409 million, down 30% since Schloss Bangalore's initial estimates
India
Bahamas
Redevelopment of Grand Lucayan Resort will create a destination for cruisegoers
Bahamas
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