HOTEL NEWS
Highline Hospitality acquires Hilton Atlanta AirportBirmingham, Alabama-based Highline Hospitality Partners acquired the 510-room Hilton Atlanta Airport for an undisclosed price.
Global Report
CoStar World News for April 3Tourism buoys prospects for European hotel investment; Fighter jet program signs UK city's biggest office lease in 10 years; French agency looks to sell housing unitsHow Essex plans to double its hotel management portfolio in the next 5 yearsNew York-based hotel operator Essex Hotel Management is executing on an ambitious growth strategy.
While Wall Street hesitates, Main Street hotel investors make dealsOwner-operator hotel companies are seizing opportunities to build and buy hotels, sometimes taking a contrarian approach.
Shrinking demand, fewer international tourists and rising expenses dampen outlook for US hotelsHospitality analysts that shared the stage at the Hunter Hotel Investment Conference predicted a "bumpy" 2025 for the U.S. hotel industry as a number of factors could result in consumers significantly reducing their travel budgets.
Hotels anchor Phuket’s move to global luxury and lifestyle destinationPhuket has long been a popular vacation spot, but the Thai beach location is steadily morphing into a world-class destination attracting luxury brands and offerings. Further infrastructure projects will only fuel its rise.
As European hotel deals environment recovers, valuations rely more on locationGrowing travel demand continues to buoy European hotels, but tariffs, cost pressures and inflation might dampen things a little.
Wall Street investors not quite ready to return to US hotel dealsWhile high costs and general uncertainty are keeping private equity investors such as Blackstone and Brookfield out of outsize U.S. hotel investing for now, executives are confident that still-strong and resilient hotel operating performance will kick-start major transactions soon.
US tariff policies force hoteliers to put procurement contingencies in placeHotel industry experts say the current tariff landscape is difficult, but not impossible to navigate, and hoteliers should budget for price increases in furniture, fixtures and equipment as well as food and beverage.
Electrical substation fire causes London Heathrow closure, cancellation of 1,350 flightsLondon Heathrow, one of the world’s busiest airports, shut down following a fire at a neighboring electrical substation. More than 1,300 flights were canceled Friday, but more cancellations could happen over the coming days.
HNN Video
Economy stands center stage for hospitality industry with conflicting outlooksHotel News Now recaps the second day of the Hunter Hotel Investment Conference with highlights, quotables, takeaways and more.Fed holds interest rates steady, lowers economic growth projection for 2025The Federal Reserve's Federal Open Market Committee held interest rates steady and lowered the GDP outlook for 2025, neither of which are welcome developments for hoteliers hoping for lower cost of capital and healthy consumer spending.
HNN Video
Hotel executives preach patience as industry braces for volatilityHotel News Now recaps the first day of the Hunter Hotel Investment Conference with highlights, quotables, takeaways and more.As more companies go public, India's hotel industry is maturing quicklyIndia's domestic hotel firms are tapping the maturity, funds and greater investment pool to redeem debt and strategize growth, all of which signals a move toward transparency, professionalism and scale.
Podcast
Women in hospitality share their leadership experiences in the industryCrown Hospitality Consulting's Amanda Chivers and ABD Creative's Amy Draheim joined the Next Gen in Lodging podcast to discuss leading in the hospitality industry.RREAF Holdings, Phillip McNeill Sr. launch extended stay-focused joint ventureRREAF Holdings has formed MxR Hospitality, a joint venture with hotelier Phillip McNeill Sr., to focus on the ownership and management of extended-stay hotels.
Hoteliers enjoy the benefits of Miami Beach's calmer spring breakHotel executives said the city of Miami Beach's efforts to calm the spring break crowd have been working, giving people consistent rules and expectations, and a calmer crowd is drawing in more families and corporate demand.
Kuwait’s Action and Malta’s Corinthia acquire two hotels in Beverly HillsTwo hotels in Beverly Hills, the Maison and the Mosaic, have been acquired by a new partnership comprising Kuwait’s Action Real Estate and Malta’s Corinthia Hotels. The deal sees Action entering the U.S. for the first time, Corinthia for the second.
More events, meetings spur hoteliers' confidence in group demand recoveryMajor U.S. markets are driving the growth in group demand for hotels across multiple segments of the hotel industry.
Featured
5 things to know
5 things to know
Headlines for April 3
- Trump administration unveils slew of new tariffs
- Travel stocks tumble following Trump's latest announcement
- Rockbridge grows independent, luxury-lifestyle hotel portfolio with Texas acquisitions
- Severe tornadoes, storms disrupt parts of the country
- Hotels report gains in key metrics to wrap up first quarter
HNN Blog
Leisure
London is seeing a flurry of new luxury hotels
Leisure
HNN Video
HNN Video
Brands
Lower-end hotels are 'a very resilient piece of our country's hotel industry,' executive says
Brands
Brands
Excess of brands, tough labor market drive rocky relations
Brands
5 things to know
5 things to know
Opinions
Don't ignore back-of-house operations
Opinions
Ownership
Stabilization trend disrupted by Los Angeles fires, East Coast storms
Ownership
Finance
Proceeds will go toward paying down senior notes debt
Finance
Design & Construction
Design & Construction
Hotel MoLo in Des Moines won't be replica of original Howard Johnson's Motor Lodge
Opinions
A broader scope includes more potential guests to attract
Opinions
Ownership
Investment opportunities exist even in recessionary conditions, speakers say
Ownership
Technology
Owners, operators look to brands to lead AI 'mindset shift'
Technology
Analytics
Legendary rock bands announce single shows in Edinburgh and Birmingham
Analytics
Analytics
Conferences, college sports tournaments drive standout performances in some US hotel markets
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Podcast
Podcast
Vietnam
Inbound demand to the Philippines lags behind other countries in the Southeast Asia region
Vietnam
Canada
Additional direct flights from inside and outside of Canada will help, owners and officials say
Canada
Thailand
Private jet terminals, superyacht marinas and high-end residences attract wealthy travelers
Thailand
United Kingdom
Global trade war could drive more demand to European hotels
United Kingdom
Portugal
Portugal’s Martinhal family office seeks to future-proof legacy around people, ideas and citizenship
Four upscale hotels complement branded residences and an international school
Portugal
India
Stock-market moves pay off debt, attract more investment and promote network growth
India
Poland
War in neighboring Ukraine, tourism tax in Krakow continue to pose threats
Poland
India
Hotel brand Taj in operation since 1903
India
France
ALL grew by 11 million members in 2024
France
Spain
Spanish hotel firm sets carbon neutrality goal for 2050
Spain
Monaco
186-room hotel facing the port of Cap d'Ail sells for first time in 17 years
Monaco
Cape Verde
Increase in airlift, investments help archipelago expand beyond tour operators, all inclusive
Cape Verde
Italy
Former Hotel Majestic Rome to be converted to Baccarat Hotel Rome
Italy
HNN Video
Columbus, Ohio-based Rockbridge CEO Jimmy Merkel discusses his company's growth strategy after recently acquiring three boutique hotels in Texas.
Investors in European hotels adjust strategies due to uncertainty over US travelers
European hotel investors and executives spoke about how they are adjusting their portfolios and growth strategies as there's growing uncertainty over the future of outbound international travelers from the U.S. as well as other risks.
HNN Video
Global hotel CEOs mute dire prognostications in Europe, citing continued opportunities and growth potential
Hotel News Now recaps the second day of the International Hospitality Investment Forum EMEA with highlights, quotables, takeaways and more.
The US economic indicators that signal Americans haven't stopped spending on travel
Analysts from Truist Advisory Services and Tourism Economics pointed to wage growth, low unemployment and sustained consumer spending as signs of the U.S. economy's health and likelihood Americans will continue to travel in 2025.
HNN Video
Geopolitical uncertainty leads European hotel industry to rethink travel expectations
Hotel News Now recaps the first day of the International Hospitality Investment Forum EMEA with highlights, quotables, takeaways and more.
US hoteliers have mixed expectations for summer demand
U.S. hoteliers say summer demand is pacing similar to 2024 for now, but there are some concerns over shorter booking windows as well as uncertainty regarding international inbound and government travel.
Featured
5 things to know
5 things to know
Headlines for April 3
- Trump administration unveils slew of new tariffs
- Travel stocks tumble following Trump's latest announcement
- Rockbridge grows independent, luxury-lifestyle hotel portfolio with Texas acquisitions
- Severe tornadoes, storms disrupt parts of the country
- Hotels report gains in key metrics to wrap up first quarter
HNN Blog
Leisure
London is seeing a flurry of new luxury hotels
Leisure
HNN Video
HNN Video
Brands
Lower-end hotels are 'a very resilient piece of our country's hotel industry,' executive says
Brands
Brands
Excess of brands, tough labor market drive rocky relations
Brands
5 things to know
5 things to know
Opinions
Don't ignore back-of-house operations
Opinions
Ownership
Stabilization trend disrupted by Los Angeles fires, East Coast storms
Ownership
Finance
Proceeds will go toward paying down senior notes debt
Finance
Design & Construction
Design & Construction
Hotel MoLo in Des Moines won't be replica of original Howard Johnson's Motor Lodge
Opinions
A broader scope includes more potential guests to attract
Opinions
Ownership
Investment opportunities exist even in recessionary conditions, speakers say
Ownership
Technology
Owners, operators look to brands to lead AI 'mindset shift'
Technology
Analytics
Legendary rock bands announce single shows in Edinburgh and Birmingham
Analytics
Analytics
Conferences, college sports tournaments drive standout performances in some US hotel markets
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Podcast
Podcast
Vietnam
Inbound demand to the Philippines lags behind other countries in the Southeast Asia region
Vietnam
Canada
Additional direct flights from inside and outside of Canada will help, owners and officials say
Canada
Thailand
Private jet terminals, superyacht marinas and high-end residences attract wealthy travelers
Thailand
United Kingdom
Global trade war could drive more demand to European hotels
United Kingdom
Portugal
Portugal’s Martinhal family office seeks to future-proof legacy around people, ideas and citizenship
Four upscale hotels complement branded residences and an international school
Portugal
India
Stock-market moves pay off debt, attract more investment and promote network growth
India
Poland
War in neighboring Ukraine, tourism tax in Krakow continue to pose threats
Poland
India
Hotel brand Taj in operation since 1903
India
France
ALL grew by 11 million members in 2024
France
Spain
Spanish hotel firm sets carbon neutrality goal for 2050
Spain
Monaco
186-room hotel facing the port of Cap d'Ail sells for first time in 17 years
Monaco
Cape Verde
Increase in airlift, investments help archipelago expand beyond tour operators, all inclusive
Cape Verde
Italy
Former Hotel Majestic Rome to be converted to Baccarat Hotel Rome
Italy
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