Barclays and STR Predict Modest RevPAR Growth for 2025
Barclays and STR forecast modest RevPAR growth of around 2% through 2025, with some softening due to GDP and mixed short-term performance.
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.
Oberoi Family Fight Hasn't Stopped Hotel Growth
EIH Ltd plans to build new hotels in Pune and London, while facing a legal family dispute over the company.
Jefferies Reports Lodging Stocks Show Improvement
Jefferies notes that lodging stocks tied to moderate to lower-end brands are outperforming due to economic stability, while higher-end brands are underperforming amid slower leisure travel and delayed interest rate cuts.
Alan Woinski and Kim Woinski |
Japan and China Lead Global Hotel Investment Surge
Japan and China are emerging as top destinations for global hotel investments due to strong travel demand, economic optimism, and promising returns.
Wells Fargo Adjusts Ratings for Hotel REITs
Wells Fargo adjusted ratings and price targets for several hotel stocks, upgrading some while cutting price targets for others.
Alan Woinski and Kim Woinski |
Hotel Worker Strikes Resume in Boston
About 400 workers at four Boston hotels began a three-day strike on Thursday. They're seeking higher wages and staffing levels.
Alan Woinski and Kim Woinski |
Thai Hotel Bookings to Surpass 2019 Levels
Krungthai Bank's research unit predicts Thailand's hotel industry to surpass pre-Covid levels this year, driven by strong domestic tourism growth, despite international arrivals still lagging behind 2019 figures.
CitizenM Opens Its Second Boston Property
citizenM has opened its second Boston property, citizenM Boston Back Bay, a 15-story hotel with 399 guestrooms, curated artwork, and a rooftop bar, making it the company's largest hotel within the Lyrik development.
Alan Woinski and Kim Woinski |
Business Travel Grows in APAC
Strong passenger demand, in-person events, and positive industry momentum are driving business travel growth, with global passenger demand up 9.1%, hotel occupancy nearing 70%, and steady travel demand expected through the next quarter.
Hotel Construction in Los Angeles Declines
Hotel construction in Los Angeles has significantly declined, with many projects facing foreclosure or bankruptcy, and financing difficulties limiting new developments.
Kim Woinski and Alan Woinski |