HOTEL NEWS
CoStar World News for May 21Swedish hotel development puts focus on music; UK housing agency picks advisory firms; French real estate fund investment rebounds
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.
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.
CoStar World News for May 14Saudi hoteliers all-in despite projects pullback; UK commercial lending hits 10-year high; Blackstone closes major French industrial deal
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.
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.
How brands view development opportunities in current economic environment"Next Gen in Lodging" co-host Omari Head speaks to Gabrielle Johnson, manager of development planning and feasibility at Marriott International, on the latest episode of the podcast.
The Beatles immersive experience to open at site of last live performanceThe band's famous business, Apple Corps, said yeah yeah yeah to moving its HQ back to building.
Concerts and sporting events put April hotel performance in the spotlightEvents helped April hotel performance finish strong. The week ending May 2 was the fourth consecutive week of revenue per available room growth.
Expedia Group has 'best first quarter start' in three yearsThe travel booking platform company is seeing an increasing volume of business come in through artificial intelligence-related channels.
Owners refinance Diplomat Beach Resort as hotel's conversion to Signia brand nears completionThe conversion of the resort to the Signia by Hilton brand is expected to be complete this year.
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5 things to know
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Optimism pinned on demand pickup closer to the event
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Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
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Southeast Australian city benefits from low hotel supply growth
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Those who don't work with legal counsel to understand terms will 'pay later on'
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Hotel investors want to see a runway to future growth
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Exclusive
Hospitality
The Blackstone played a key role in Warren G. Harding’s presidential nomination in 1920
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Operations
Legal experts urge hoteliers to know employee rights, caution compliance
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Brands
Higher costs, global conflicts redirecting travel demand
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Podcast
Analytics
Flexibility, intimacy drive demand as hoteliers push rate
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Local flavor is key in standalone restaurants
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Interview
Jean-Jacques Morin of Accor France talks to Business Immo
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Here’s a Live Overview of What’s Happening in the Market Today
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International News
Brazil
Annual Todo Mundo no Rio show pushes rates, revenues up
Brazil
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Sweden
Redevelopment of Slakthusområdet district one of Scandinavia’s major projects
Sweden
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
Spain
The move makes the investor Meliá’s second-largest shareholder
Spain
United States
Tourist demand for Europe remains strong but is shifting
United States
India
Listing on NSE Emerge and BSE SME are stepping stones to full stock exchange listing
India
Saudi Arabia
Hoteliers take long view on the kingdom, despite pressures from war in Iran
Saudi Arabia
United Kingdom
Hotel only third in Scotland to transact for more than nine figures
United Kingdom
Ireland
Scandic to acquire Dalata operations by end of year
Ireland
Italy
Invest will continue to manage the 21-year-long leases
Italy
Finland
Luxury segment will work if international brands show the way
Finland
Sit-down dining is still relevant for resort vacations.
Hyatt grows its all-inclusive segment to attract younger travelers with more high-end experiences
The hotel brand company sees room to expand its footprint in the Caribbean and Latin America region.
Choice Hotels International CEO steps down
Patrick Pacious served in the role since 2017.
The evolving legal landscape of hotel franchise agreements
With more hotel owners turning to the franchise model, they have more power at the negotiating table with brand companies.
Hoteliers face difficult path to tariff refunds
The process could vary based on vendor, said BenjaminWest President Alan Benjamin.
Driftwood Capital targets key Caribbean, Latin American markets for strategic luxury growth
The hotel real estate investment firm targets adaptive reuse and repositioning projects as ways to grow its portfolio.
Featured
5 things to know
5 things to know
Analytics
Average daily rate has increased each week since the start of the war in Iran
Analytics
Opinions
With the addition of hotels, it moves closer to the everything travel app
Opinions
Office
Marriott enters talks to open 350-room Edition-branded property
Office
Earnings
Brands
Optimism pinned on demand pickup closer to the event
Brands
Operations
Transparency in fees, gratuities can mitigate legal threats
Operations
5 things to know
5 things to know
Ownership
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
Ownership
Analytics
Southeast Australian city benefits from low hotel supply growth
Analytics
Ownership
Those who don't work with legal counsel to understand terms will 'pay later on'
Ownership
Opinions
Hotel investors want to see a runway to future growth
Opinions
Exclusive
Exclusive
Hospitality
The Blackstone played a key role in Warren G. Harding’s presidential nomination in 1920
Hospitality
Operations
Legal experts urge hoteliers to know employee rights, caution compliance
Operations
Brands
Higher costs, global conflicts redirecting travel demand
Brands
Podcast
Analytics
Flexibility, intimacy drive demand as hoteliers push rate
Analytics
Operations
Local flavor is key in standalone restaurants
Operations
Interview
Jean-Jacques Morin of Accor France talks to Business Immo
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Brazil
Annual Todo Mundo no Rio show pushes rates, revenues up
Brazil
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Sweden
Redevelopment of Slakthusområdet district one of Scandinavia’s major projects
Sweden
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
Spain
The move makes the investor Meliá’s second-largest shareholder
Spain
United States
Tourist demand for Europe remains strong but is shifting
United States
India
Listing on NSE Emerge and BSE SME are stepping stones to full stock exchange listing
India
Saudi Arabia
Hoteliers take long view on the kingdom, despite pressures from war in Iran
Saudi Arabia
United Kingdom
Hotel only third in Scotland to transact for more than nine figures
United Kingdom
Ireland
Scandic to acquire Dalata operations by end of year
Ireland
Italy
Invest will continue to manage the 21-year-long leases
Italy
Finland
Luxury segment will work if international brands show the way
Finland
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