Hotel Investors Have Reasons for Optimism
Today was good timing for those who released the avalanche of earnings because investors were in a good mood.
Accor
Hong Kong Hoteliers Watch Golden Week Nervously
Industry watchers expect Hong Kong to see at least single-digit growth in the number of mainland tourists over the five-day Labour Day Golden Week.
Accor Says April and May Bookings Look Steady
Hotel industry shows activity with Accor confirming its outlook for the year without a downward revision and KHP Capital Partners securing $300 million for hotel acquisitions and renovations.
U.S. Hotel Occupancy for Mid-April Drops
Multiple hotel companies announced property openings globally, including Peachtree Group receiving USCIS approval for a SpringHill Suites in Utah.
Mandarin Oriental Refreshes Hotels in Hong Kong and Bangkok
The global hotel industry continues to expand, with IHG celebrating its 50th year in China while Mandarin Oriental plans a $100 million renovation in Hong Kong.
Analysts Watch U.S. Hotel Demand and Construction
The hotel industry shows mixed signals as some AAHOA members see slowing construction, while CoStar reports a sharp decline in international arrivals.
Kempinski and BTG Hotels Launch Partnership Growth Plan in China
Kempinski launched a multi-year investment plan to support the growth of the partnership with BTG focusing on expanding in China.
Hotel Stocks Rollercoaster
The Baird Hotel Stock Index was down -13.7% in March. But they were up modestly today. Goldman Sach re-rated a few hotel groups. And more news.
Singapore Sets Tourism Goals for 2040
The Singapore Tourism Board is shifting its tourism focus to value over volume as part of its Tourism 2040 roadmap.
Why Tariffs May Raise Some Costs for U.S. Hotels
Richie Karaburun, clinical associate professor at NYU, is worried. But the hospitality industry continues growth with new hotels, acquisitions, and expansions across the US and Europe despite tariff concerns.