Hyatt Appears More Likely to Acquire Playa Hotels
Truist downgraded Playa Hotels & Resorts to Hold, seeing an increased likelihood of a Hyatt acquisition that could boost Hyatt’s share price as PLYA nears its $13 target.
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.
India's Hotels Project Cautious 14% Revenue Growth in 2025
Investor concerns over Human Metapneumovirus (HMPV) have shaken India's hotel and airline stocks, despite strong growth forecasts for the hospitality sector driven by surging demand and increasing supply.
Timeshare Stocks See Mixed Ratings Amid Growth Concerns
Morgan Stanley issued mixed ratings on major timeshare companies, highlighting strong free cash flow but cautioning about slow growth and interest rate pressures.
Asia Pacific Tourist Arrivals Trail 15% Below 2019
JLL's new Hotel Operators Investment Survey highlights Asia Pacific's uneven hotel recovery, with disparities in regional growth, labor challenges, rising costs, and a positive 2025 outlook driven by MICE demand despite lingering tourist shortfalls.
Canada’s Hotels Add Up the Impact of Taylor Swift
In November 2024, Canada’s hotel industry experienced a significant boost, driven by Taylor Swift’s Eras Tour and a favorable calendar shift, with notable occupancy and rate increases in Toronto and Vancouver.
Casago Agrees to Acquire Vacasa
Casago and Vacasa plan to merge, backed by Roofstock and existing Vacasa investors with completion expected by early 2025.
Thailand Targets 39 Million Visitors for 2025
Thailand welcomed over 35 million tourists in 2024 with record-high occupancy rates, and aims for even more arrivals and revenue in 2025.
Universal Studios Is Rolling Out New Hotels in Orlando and L.A.
Universal Studios is undergoing major expansions in Hollywood and Orlando, including new hotels and the opening of the Epic Universe theme park in 2025.
Langham to Open Luxury Hotel in Booming Kuala Lumpur
Kuala Lumpur’s hotel pipeline features multiple new luxury developments—led by The Langham, Waldorf Astoria, Kimpton, and Conrad—that will add nearly 2,000 rooms in the coming years.
Hyatt Hotels and Playa Hotels Discuss a Deal
Hyatt Hotels and Playa Hotels & Resorts are negotiating a potential acquisition, with differing analyst views on its likelihood and structure.