CoStar World News for Oct. 30Hyatt to expand Chinese portfolio; UK property investment surges near university; Principal targets French investors for new fund
Malaysia’s YTL acquires Hotel Indigo AucklandMalaysia-based YTL Hotels has acquired the 225-room Hotel Indigo, Auckland, for 160 million New Zealand dollars, the second-largest hospitality transaction in New Zealand in 2025.
Every October, Salem casts a spell on travelers, but recent consumer trends appear to have dampened the magic for hotels in the town and surrounding areas.
Executives with hotel-focused real estate investment trust Park Hotels & Resorts said reduced travel and the government shutdown contributed to lower fourth-quarter projections.
Executives with hotel-focused real estate investment trust Park Hotels & Resorts said reduced travel and the government shutdown contributed to lower fourth-quarter projections.
Executives from hotel ownership and management companies expressed their concerns with lackluster international inbound demand to the U.S. at a recent Lodging Industry Investment Council meeting.
Executives from hotel ownership and management companies expressed their concerns with lackluster international inbound demand to the U.S. at a recent Lodging Industry Investment Council meeting.
During the company's third-quarter earnings call, MGM Resorts International executives spoke about how they responded to concerns over pricing in the Las Vegas market and their expectations for demand to stabilize and grow starting in the fourth quarter.
During the company's third-quarter earnings call, MGM Resorts International executives spoke about how they responded to concerns over pricing in the Las Vegas market and their expectations for demand to stabilize and grow starting in the fourth quarter.
U.S. hoteliers are glad to see the Federal Reserve cut rates for the second time this year, but when announcing the decision, Fed Chairman Jerome Powell warned against thinking a December rate is a sure thing.
U.S. hoteliers are glad to see the Federal Reserve cut rates for the second time this year, but when announcing the decision, Fed Chairman Jerome Powell warned against thinking a December rate is a sure thing.