Margaritaville Announces Plans for New All-Inclusive Resort
Skift Take
- Hilton's Curio Collection is set to reach its 150th hotel milestone by the end of 2023, with notable openings in various global locations, including Kenya, Vietnam, Monaco, Australia, and Argentina.
- Sun Hill Properties announced plans for a new 395-key hotel next to the Hilton Los Angeles/Universal City, aimed at accommodating the 2028 Olympics.
- The Marriott Sanibel Harbour Resort & Spa in Florida announced the opening of a newly transformed spa and renovated guestrooms and restaurants.
The DJIA was up 13 points, Nasdaq was down 23, the S&P 500 was up 4 points and the 10-year treasury yield was down another .07 to 4.27%. Lodging stocks were mixed. RHP traded up to another new high, VCSA was up 9% but SOND was down -7% to another all-time low, SLNA fell -17% to another low and VAC also traded down to a low.
STR gave US hotel data for the week ended 11/25. US hotel RevPAR was down -0.6% for the week with an ADR gain of 0.9% not able to make up for a -1.4% drop in occupancy. Group RevPAR was up 8.3%.
Curio Collection by Hilton is recognizing a robust year of openings that have paved the way for the brand to reach its 150th opening milestone by the end of 2023. The addition of 19 properties to the portfolio by year’s end, including the debut of 10 first-in-market hotels, reaffirms the brand’s commitment to providing travelers with distinct experiences worldwide. The following properti
