Gencom Buys Ritz-Carlton New York, Plus More Hotel News
Gencom has bought the 253-key Ritz-Carlton New York, Central Park, the company's third hotel acquisition in the city in recent years.
Alan Woinski
Alan is the founder of the Daily Lodging Report, now owned by Skift, and remains editor. He also founded the Gaming Industry Daily Report and Gaming Industry Weekly Report which remains under the ownership of Gaming USA Corporation, owned by Alan and his wife Kim. Alan and Kim recently moved from Bergen County, NJ to Southwest, Florida and are loving the SWFL lifestyle. Both Alan and Kim recently became grandparents for the first time to a beautiful baby girl.
Marriott Prepares to Introduce AC Hotels Brand in India
Marriott International is preparing to introduce its AC Hotels by Marriott brand in India. Plus, more hotel deal news.
U.S. Winter Storms Hurt Hotel Performance
CoStar reported U.S. lodging data for the week ending 1/31, with RevPAR down 4%. Plus, more hotel deal and development news.
Marriott Signs Multi-Property Deal With Masterise in Vietnam
Marriott International announced the signing of a multi-property agreement with Masterise Group to develop four hotels in Vietnam. Plus, more hotel development news.
Deutsche Bank and Truist Make Fourth-Quarter RevPAR Projections
JPMorgan, Deutsche Bank, and Truist provide their earnings previews. Plus, more hotel deal and development news.
Singapore Reports Record Tourism Spending
The Singapore Tourism Board said tourism spending reached a record, with receipts in the first nine months up 6.5%. Meanwhile Vietnam is challenging Thailand for tourism growth. Plus, hotel news.
U.S. Hotel Transaction Volume Hit $24 Billion in 2025
U.S. hotel deals and development stay active, with projects like a $100M World of Blue redevelopment near MetLife Stadium ahead of the FIFA World Cup.
Hotel Groups Join Sun Group's Project in Phu Quoc
Accor, Hilton, and Marriott will operate multiple brands at Sun Group's $2.47 billion Phu Quoc resort complex, adding around 6,500 five-star rooms.
Hotels Face Profit Squeeze Despite Revenue Growth
Hotel industry profit per room remains at 90% of 2019 levels despite rising guest spending, due to increased operating costs and wages.
Dallas Leads U.S. Hotel Construction Pipeline
Dallas leads U.S. hotel construction with 193 projects, while Ghoman Hotels plans a $185M JW Marriott conversion in downtown Louisville.