Brookfield Buys Generator's European Operations for €776 Million
Brookfield Asset Management has acquired the Generator Hostels' European brand and hotels for €776 million from Queensgate Investments.
2025 Archives
U.S. Could Lose $12.5 Billion in International Visitor Spending This Year
WTTC research shows sharp drops in U.S. international visitors, with arrivals from Germany plunging 28% in concerning tourism trend.
STR Reports China Hotel RevPAR Decline
STR data indicates China's hotel market continues to struggle with a 3.1% RevPAR decline despite facing an easy comparison to last year's significant 21.1% drop.
Mixed Findings From the U.S. Hotels State of the Union Report
CBRE's April 2025 report shows short-term rentals gaining market share as Google travel searches decline, suggesting potential slowdown in 2025 travel demand.
Hilton Brings Tru Brand to Asia Pacific with Vietnam Openings
Hilton partners with ROX Group to open the first Tru by Hilton properties in Vietnam, marking the brand’s Asia debut.
U.S. RevPar Hit Record First-Quarter Highs
JLL reports record Q1 2025 RevPAR with $4.6B in U.S. hotel transactions, as Middle Eastern, European and Asian investors target urban assets.
Riyaz Forms Joint Venture with Jin Jiang Hotels for Southeast Asia Expansion
Riyaz partners with Jin Jiang Hotels to expand five brands across Southeast Asia, signing first management agreement for Metropolo in Luang Prabang, Laos.
Jefferies Upgrades Ratings on Hilton and Marriott
Jefferies upgrades Hilton and Marriott to Buy, citing business model strength and shift to durable growth drivers amid uncertainty.
Philippines Reports Decline in Tourist Arrivals for Early 2025
Sri Lanka tourism hits 900,000 arrivals in early May, while Galaxy Entertainment soft-launches Capella at Galaxy Macau with 36 villas.
Marriott Increases Its Dividend
Marriott, Hilton, Rosewood and other hotel groups announce property openings, renovations and investments worldwide.