Autograph Collection

North America

U.S. Hotels Expect a Strong Next 12 Months

U.S. travel demand is robust across hotel segments, driven by higher-income leisure and business travelers, but lower-income travel is declining, and recovery varies by hotel type and market, with international travel lagging behind domestic recovery.
North America

IHG Plans to Double Hotel Indigo Portfolio 

IHG Hotels & Resorts plans to double the Hotel Indigo portfolio within three to five years, adding new properties in diverse locations such as the Cayman Islands, Oman, Mexico, and more, with several openings scheduled throughout 2024.
North America

IHG Opposes Marriott’s City Express Trademark Bid

InterContinental Hotels Group is challenging Marriott International’s attempt to trademark City Express by Marriott, citing potential confusion with its Holiday Inn Express brand.
North America

Soho House Rejects Takeover Offer

Soho House dissolved its Independent Special Committee after rejecting an offer for strategic transactions, causing discontent among shareholders due to the stock’s low trading price.
North America

U.S. Hotel Profitability Lags Pre-Covid Levels

A new report indicates that U.S. hotel debt maturities, exacerbated by lagging profitability, high interest rates, and rising insurance costs, will drive increased transactions in 2024, especially in top gateway markets.
North America

Las Vegas’ Mirage Hotel and Casino to Close

Hard Rock International will cease operations of The Mirage Hotel & Casino to begin transforming the venue into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. The new resort will feature a guitar-shaped hotel nearly 700 feet in height.
North America

Wyndham Deal Expands its All-Inclusive Options

Wyndham Hotels and Decameron have formed an alliance to expand all-inclusive offerings with nine new resorts in Mexico, Panama, and Jamaica, with some joining the Trademark Collection and others joining the Ramada brand.
North America

Marriott Vacations Beats First-Quarter Estimates

Marriott Vacations exceeded first quarter 2024 expectations, with steady EBITDA performance and a large share buyback, despite underwhelming results in its core Vacation Ownership segment.
North America

Canadian Business Travel to Boom in 2024

Canadian business travel is expected to grow robustly in 2024, outpacing global and U.S. rates, with increased spending and trip frequency despite financial challenges.