HOSPITALITY NEWS
Global Report
CoStar World News for March 6India’s global travelers projected to surpass China; UK warehouse investor rejects Blackstone-led takeover; European luxury store openings decline
Global Report
CoStar World News for Feb. 27Somalia hotel developers seek economic uplift; WeWork settles eviction fight at largest London office; European regions face varied office recoveriesHyatt launches new select-service hotel brand Hyatt SelectThe new upper midscale brand is intended to introduce Hyatt into new markets and give travelers a lower-cost entry point into the World of Hyatt loyalty platform.
Exclusive
Trinity CEO sees deals potential as hotel owners look for new capitalTrinity Investments CEO Sean Hehir spoke about the company's deals strategy and his expectations for opportunities this year.HNN Video
Why Remington sees its biggest growth opportunities south of the borderCaribbean and Latin American hotels are on the menu for the Dallas-based hotel management firm.Exclusive
How Pebblebrook's CEO is thinking about ROI on hotel renovations, cost control, dealsPebblebrook Hotel Trust CEO Jon Bortz said his company plans to be an overall seller of hotels, but the market needs debt availability and higher revenue growth to give buyers conviction. Earnings
Sunstone CEO focuses on recycling capital with renovations delivering in 2025In its year-end earnings call, Sunstone Hotel Investors CEO Bryan Giglia expressed his optimism for 2025 as the REIT's portfolio continues to evolve. HNN Video
Hilton exec defines what 'lifestyle' means for large hotel brandsFormer Graduate Hotels executive Kevin Osterhaus joined Hilton in 2024 when that company acquired the Graduate brand, a transition he says has been fruitful for both the brand and him.Earnings
Host enters 2025 with expanding, repositioning portfolioDuring the hotel real estate investment trust's fourth-quarter and full-year 2024 earnings call, President and CEO Jim Risoleo highlighted the company's major acquisitions, capital expenditure's program and the demand recovery at its Maui properties. Earnings
Park Hotels plans to sell up to $400 million in hotels, spend up to $330 million for renovationsDuring the real estate investment trust's latest earnings call, Park Hotels & Resorts executives said 2025 will be a year to refocus their portfolio.Earnings
Choice capitalizes on larger scale in 2024Choice Hotels International had a solid fourth quarter and full-year 2024, driven by its investments in the upscale space and strong business transient and group demand.With multiple openings this year, SH Hotels & Resorts further grows its footprintIn an interview, SH Hotels & Resorts CEO Raul Leal talks about the company's pending name change to Starwood Hotels as well as the company's plans to keep a pace of opening five to six hotels a year over the next several years.
Accor executives say now is the 'right time' to exit its 30% stake in AccorInvestAccor executives have begun work on exiting its ownership stake in AccorInvest by the end of 2026 and the sale of its super-budget brand F1.
European hoteliers stay the course on DEI, sustainability initiatives to 'future-proof' investmentsHotel industry leaders in Europe feel it's their turn to take responsibility for championing carbon and labor targets.
Global Report
CoStar World News for Feb. 20European hotel investors face elevated risk; UK surveyor group mulls staff shakeup; Paris takes on bulk of French office developmentAustin-based New Waterloo doubles down on unique experiences in underserved marketsLast month, Austin-based hospitality company New Waterloo opened two hotels three weeks and 1,500 miles apart — each delivering much-needed experiences to the regions they’ve opened in.
Featured
5 things to know
5 things to know
Headlines for March 5
- InterContinental Auckland acquisition largest single-asset sale in New Zealand history
- US Commerce Secretary says Canada, Mexico tariffs could be reduced
- China hits back with US tariffs and sets growth targets
- B&B Hotels announce new CEO
- Radisson and Manchester City partner in £300 million stadium development
Ownership
Buyer calls deal New Zealand's largest single-asset hotel sale
Ownership
Opinions
Find your hotel's reason to visit and promote it with potential guests
Opinions
Finance
Braemar Hotels & Resorts pools five full-service hotels from San Francisco to Puerto Rico
Finance
Brands
Austin lifestyle hotel brand focuses on Houston
Brands
HNN Video
HNN Video
Operations
More luxury hotels move to third-party management
Operations
5 things to know
5 things to know
Opinions
Put in due diligence early to ensure your project partners can deliver on your goals
Opinions
Earnings
Earnings
Ownership
LA wildfires dampen performance while D.C., San Francisco show upside
Ownership
Earnings
Earnings
Ownership
The REIT closed $200 million in deals for 2024
Ownership
HNN Video
HNN Video
People
Company realigned brands to focus on specific segments
People
HNN Blog
HNN Blog
Opinions
World Hearing Day addresses hearing loss, but what about 'listening loss'?
Opinions
Earnings
Earnings
Ownership
Execs with hotel REIT anticipate choppy year for transactions
Ownership
Operations
New data, strategies come to the table in search of consistent benchmarking
Operations
Analytics
Beverly Hills hotels show first rebound in revenue per available room since LA wildfires
Analytics
Earnings
Earnings
Ownership
Deals environment doesn't favor portfolio sales, but that could change, CEO says
Ownership
HNN Video
HNN Video
Ownership
In video interview, Samantha Sugarman says firm looks to deploy capital across the globe
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Italy
Former Hotel Majestic Rome to be converted to Baccarat Hotel Rome
Italy
United Kingdom
Founded in 1985, 11-asset hotel firm valued at approximately £1.5 billion
United Kingdom
France
French hotel company plans to exit ownership spinoff by end of 2026, opens sale discussions of F1 hotel brand
France
Somalia
Scheduled to open in 2026, hotel is owned by Somali investors and will be managed by Dubai's Aleph Hospitality
Somalia
Sweden
Consulting advisory states transaction is ‘largest hotel deal in Nordic history’
Sweden
France
Duo reassembles premises and goodwill of five Novotel Suites for just over €100 million
France
HNN Video
HNN Video
India
Accor's Jean-Jacques Morin sees reasons for optimism across the globe
India
United Kingdom
Local officials passed 5% levy in January, which heads to Scottish Parliament for final approval
United Kingdom
Spain
More credit is available for European hotel investors, but risk is higher
Spain
United Kingdom
Refinancing is largest single-asset restructuring deal in Europe since pandemic, company says
United Kingdom
Spain
Demand for resorts differs in Europe versus in the Caribbean
Spain
Monaco
Head sommelier Patrice Frank oversees the Monte-Carlo Société des Bains de Mer’s wine collection
Monaco
In a podcast interview with HNN, PM Hotel Group's Joseph Bojanowski and CoStar News' Jonathan Lehrfeld talk about how the latest decisions by the Trump administration on federal agencies are affecting hotels in Washington, D.C.
SH Hotels & Resorts completes rebrand as Starwood Hotels
Hotel brand management company SH Hotels & Resorts has officially rebranded as Starwood Hotels.
India's international travel takes off, projected to outpace China's outbound demand
Middle-class Indians enjoying greater spending power and deeper pockets are moving outbound to discover all the world has to offer, a boon for hoteliers who can offer them the same comfort they expect and are used to in their domestic travels.
Earnings
Hospitality REITs make deals where they can, reinvest in portfolios
In this collection of quotes from fourth-quarter and full-year 2024 earnings calls, hotel real estate investment trust execs share their capital strategies as transactions slow and reinvesting in portfolios can drive returns.
Earnings
Softer leisure performance in Florida a concern for DiamondRock
DiamondRock Hospitality Company executives said the real estate investment trust's Florida portfolio had a down fourth quarter with revenue per available room down 5.8%.
US hoteliers try to ride the wave of surging cruise demand
Hotels in cruise port markets saw revenue growth exceeding national averages in 2024.
Featured
5 things to know
5 things to know
Headlines for March 5
- InterContinental Auckland acquisition largest single-asset sale in New Zealand history
- US Commerce Secretary says Canada, Mexico tariffs could be reduced
- China hits back with US tariffs and sets growth targets
- B&B Hotels announce new CEO
- Radisson and Manchester City partner in £300 million stadium development
Ownership
Buyer calls deal New Zealand's largest single-asset hotel sale
Ownership
Opinions
Find your hotel's reason to visit and promote it with potential guests
Opinions
Finance
Braemar Hotels & Resorts pools five full-service hotels from San Francisco to Puerto Rico
Finance
Brands
Austin lifestyle hotel brand focuses on Houston
Brands
HNN Video
HNN Video
Operations
More luxury hotels move to third-party management
Operations
5 things to know
5 things to know
Opinions
Put in due diligence early to ensure your project partners can deliver on your goals
Opinions
Earnings
Earnings
Ownership
LA wildfires dampen performance while D.C., San Francisco show upside
Ownership
Earnings
Earnings
Ownership
The REIT closed $200 million in deals for 2024
Ownership
HNN Video
HNN Video
People
Company realigned brands to focus on specific segments
People
HNN Blog
HNN Blog
Opinions
World Hearing Day addresses hearing loss, but what about 'listening loss'?
Opinions
Earnings
Earnings
Ownership
Execs with hotel REIT anticipate choppy year for transactions
Ownership
Operations
New data, strategies come to the table in search of consistent benchmarking
Operations
Analytics
Beverly Hills hotels show first rebound in revenue per available room since LA wildfires
Analytics
Earnings
Earnings
Ownership
Deals environment doesn't favor portfolio sales, but that could change, CEO says
Ownership
HNN Video
HNN Video
Ownership
In video interview, Samantha Sugarman says firm looks to deploy capital across the globe
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Italy
Former Hotel Majestic Rome to be converted to Baccarat Hotel Rome
Italy
United Kingdom
Founded in 1985, 11-asset hotel firm valued at approximately £1.5 billion
United Kingdom
France
French hotel company plans to exit ownership spinoff by end of 2026, opens sale discussions of F1 hotel brand
France
Somalia
Scheduled to open in 2026, hotel is owned by Somali investors and will be managed by Dubai's Aleph Hospitality
Somalia
Sweden
Consulting advisory states transaction is ‘largest hotel deal in Nordic history’
Sweden
France
Duo reassembles premises and goodwill of five Novotel Suites for just over €100 million
France
HNN Video
HNN Video
India
Accor's Jean-Jacques Morin sees reasons for optimism across the globe
India
United Kingdom
Local officials passed 5% levy in January, which heads to Scottish Parliament for final approval
United Kingdom
Spain
More credit is available for European hotel investors, but risk is higher
Spain
United Kingdom
Refinancing is largest single-asset restructuring deal in Europe since pandemic, company says
United Kingdom
Spain
Demand for resorts differs in Europe versus in the Caribbean
Spain
Monaco
Head sommelier Patrice Frank oversees the Monte-Carlo Société des Bains de Mer’s wine collection
Monaco
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