HOTEL NEWS
New Hyatt hotel anchors restoration of London's famed OlympiaOne of London’s preeminent conference and entertainment spaces, Olympia, was looking tired and not fit for purpose, but a £1.3 billion makeover is creating a new leisure and hotels market.
Report: Hotels 'firing on all cylinders' to deliver guest satisfactionAccording to a study from JD Power, hotel brands are keeping up with guests' increasing expectations.
Alibad Capital to manage new fund in Saudi Arabia, develop two Marriott hotels in MedinaDespite fears that some Saudi Arabian Vision 2030 projects might get stalled due to the ongoing U.S.-Iran war, development continues, with one of the latest initiatives to be announced being a $393 million, two-hotel plan in Medina, Islam’s second holiest city.
Hoteliers need leadership, investment to use AI to their advantageAI is a huge opportunity for hoteliers, but in an industry that has been slow to adopt tech, the new landscape will require focused leadership and deep pockets.
Hospitality experts confront 'cognitive offloading,' inauthentic messaging and other negative effects of AIA panel of experts weighed in on the biggest negative impacts of AI use in the hotel business.
World Cup and holiday travel fuel broad-based US hotel growthMore than one-third of U.S. hotel markets recorded double-digit RevPAR growth during the week of June 28 to July 4 as holiday travel and major events drove widespread performance gains.
Increasing costs put added pressure on hotel commercial leaders to prioritize profitabilityExperts share tips on pivoting to a profit-focused strategy.
Hoteliers should avoid the AI hype, integrate useful daily tools, tech exec saysThe best thing hoteliers can do is make sure their companies are prepared for AI-fueled cybersecurity threats, said Charlestowne Hotels Vice President of Technology Max Spangler.
How Rockbridge plans to grow its hospitality platform beyond hotelsThe Columbus, Ohio-based investment firm has been active in the independent, luxury-lifestyle segment.
Difficult development environment leads to drop in California hotel openingsWith the state pressuring cities to increase the availability of housing, investors see multifamily projects as a better route for returns.
Experts break down how hotel tech can stay ahead of guest desiresAccording to a panel of hotel technologists, the companies that tap into AI-powered personalization will win.
Europe heatwave had limited impact on hotel performanceParis saw high occupancy despite record temperatures.
Rate continues to define World Cup-driven hotel performance in knockout stagePhiladelphia and New York City are two of the standout markets to watch.
Red, white and demand boom: Hoteliers anticipate travel surge for Fourth of July weekendHotels in the Boston, Philadelphia and Washington, D.C., markets are seeing year-over-year occupancy and rate increases.
Americans refuse to cut back on travel despite uncertain macroeconomic factorsAran Ryan, director at Tourism Economics, expects turbulence in the industry to settle and tailwinds to continue momentum.
Featured
5 things to know
5 things to know
Finance
The hotel industry giant has reached an agreement with the consortium formed by Blackstone and Colony IM for up to €975 million
Finance
Analytics
New York, Seattle hotels shine in mid-July
Analytics
Earnings
Brands
Significant outlook improvements could boost stocks
Brands
Ownership
At $150 million, the deal marks the lender's largest senior bridge loan yet
Ownership
Opinions
It's time to rediscover the joys of long drives, cheap lodging and marvels
Opinions
5 things to know
5 things to know
Podcast
Technology
'Next Gen in Lodging' guest says all hospitality brands have an opportunity
Technology
Analytics
Future of foreign travel in question with more mega events on the horizon
Analytics
Opinions
Structured onboarding, clear career path among the improvements needed
Opinions
Analytics
Kuala Lumpur, Penang stand out among Malaysia's hospitality markets.
Analytics
Analytics
Local reporting shows variance in performance from city to city
Analytics
Ownership
Pair of deals will help REIT recycle capital and increase cash reserves
Ownership
Opinions
Understanding nuance and acting with empathy remain human strengths
Opinions
Exclusive
Exclusive
Brands
Platform of small hotels attracts larger equity players
Brands
Podcast
Finance
Peachtree Group CEO Greg Friedman explains current financing environment
Finance
Ownership
JW Marriott Marco Island and pending Caesars Entertainment sales among highest-priced
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Spain
Sites had been acquired in 2023 on behalf of Adia
Spain
Saudi Arabia
Project has total investment of $393 million, includes 295 branded residential units
Saudi Arabia
Vietnam
By hotel count, Vietnam is Accor’s third-largest market in Asia
Vietnam
Russia
High borrowing costs and construction delays stymie growth of hospitality sector
Russia
Australia
Deal is one of the largest single freehold hotel transactions in Australian history
Australia
Sweden
New debt capacity allows for expansion, including taking over Dalata operations
Sweden
Spain
Grape Hospitality continues management of three Spanish properties involved in deal
Spain
India
Investors drawn to rising middle classes’ propensity for trips, experiences
India
Cuba
Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
Cuba
Podcast
Saudi Arabia
Project flexibility, government initiatives crucial to overcome global supply disruption
Saudi Arabia
United States
Tourist demand for Europe remains strong but is shifting
United States
Fans seek experiences outside of bank-breaking game tickets, and the hospitality industry has been able to benefit.
Experts say capital is available but creativity needed in hotel financing
Debt options are shaping the deals and development environment within hospitality real estate.
Wyndham execs express optimism for full year despite international weakness
Europe and Latin America weighed down the global hotel company's second-quarter results.
Hotel markets across Africa take big leaps toward sophistication and fit-for-purpose investment
Kasada Capital Management’s managing director and co-CEO David Damiba joined "The Upgrade" podcast to talk about sophisticated debt, operations, alignment and timelines in the African hotel industry.
Postgame report: World Cup hotel performance surprises and implications for future mega events
Booking windows remained short for the global event.
Route 66 motels offer retro stays along the Mother Road
These historic properties still dot the 100-year-old Main Street of America.
Featured
5 things to know
5 things to know
Finance
The hotel industry giant has reached an agreement with the consortium formed by Blackstone and Colony IM for up to €975 million
Finance
Analytics
New York, Seattle hotels shine in mid-July
Analytics
Earnings
Brands
Significant outlook improvements could boost stocks
Brands
Ownership
At $150 million, the deal marks the lender's largest senior bridge loan yet
Ownership
Opinions
It's time to rediscover the joys of long drives, cheap lodging and marvels
Opinions
5 things to know
5 things to know
Podcast
Technology
'Next Gen in Lodging' guest says all hospitality brands have an opportunity
Technology
Analytics
Future of foreign travel in question with more mega events on the horizon
Analytics
Opinions
Structured onboarding, clear career path among the improvements needed
Opinions
Analytics
Kuala Lumpur, Penang stand out among Malaysia's hospitality markets.
Analytics
Analytics
Local reporting shows variance in performance from city to city
Analytics
Ownership
Pair of deals will help REIT recycle capital and increase cash reserves
Ownership
Opinions
Understanding nuance and acting with empathy remain human strengths
Opinions
Exclusive
Exclusive
Brands
Platform of small hotels attracts larger equity players
Brands
Podcast
Finance
Peachtree Group CEO Greg Friedman explains current financing environment
Finance
Ownership
JW Marriott Marco Island and pending Caesars Entertainment sales among highest-priced
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Spain
Sites had been acquired in 2023 on behalf of Adia
Spain
Saudi Arabia
Project has total investment of $393 million, includes 295 branded residential units
Saudi Arabia
Vietnam
By hotel count, Vietnam is Accor’s third-largest market in Asia
Vietnam
Russia
High borrowing costs and construction delays stymie growth of hospitality sector
Russia
Australia
Deal is one of the largest single freehold hotel transactions in Australian history
Australia
Sweden
New debt capacity allows for expansion, including taking over Dalata operations
Sweden
Spain
Grape Hospitality continues management of three Spanish properties involved in deal
Spain
India
Investors drawn to rising middle classes’ propensity for trips, experiences
India
Cuba
Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
Cuba
Podcast
Saudi Arabia
Project flexibility, government initiatives crucial to overcome global supply disruption
Saudi Arabia
United States
Tourist demand for Europe remains strong but is shifting
United States
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