Hilton's Hampton Inn Tops Revenue for All Hotel Brands
Skift Take
- Hotels are increasingly charging for early or late checkouts, impacting both regular guests and loyalty program elites. This comes alongside a 1.8% rise in US hotel RevPAR and a 3.1% increase in Group RevPAR.
- Waramaug Hospitality acquires Atlanta Marriott Peachtree Corners with 222 rooms and versatile meeting spaces. SpringHill Suites by Marriott open in Delaware, Scottsdale, and Lansing. Oyo Hotel in St. Louis undergoes a $46 million renovation to become a Sheraton, introducing Bonvoy Apartments.
- Leading Hotels of the World adds four member hotels: The Adria (London), Azur Legacy Collection Hotel (Vancouver), Chedi Katara Hotel (Qatar), and Aleenta Retreat (Chiang Mai). These properties offer unique amenities, including a tranquil spa, rooftop dining, private beaches, and repurposed Thai dwellings.
The DJIA rose 184 points, Nasdaq was up another 215, the S&P 500 rose 48 points, and the 10-year treasury yield was down .13 to 4.20%. Lodging stocks were modestly higher, but the big mover was SOHO dropping -11%. VCSA traded down to another new all-time low.
Either the reporters at Dow Jones are bored, or they didn’t get any upgrades the last time they stayed in hotels. Whichever it is, they are quite fascinated with pointing out every negative thing they can in the space, the latest being that some hotels are now charging if customers want late or early checkouts/check-ins. Las Vegas casino hotels have been doing this for years, but now more hotels are doing it, with the problem being that they are also charging elite members in some cases. We can understand charging non-loyalty or even business customers. Still, it seems to go against being elite when some of the members of the top tiers of the loyalty programs that ha
