IHG Reveals Its Latest Brand: Noted Collection
IHG launched its 21st brand, Noted Collection, while Hyatt's Thomas Pritzker resigned over ties to Jeffrey Epstein and Ghislaine Maxwell. Plus, deal and development news.
AWH Partners
U.S. Travelers to Trim Holiday Trips, Says Deloitte Survey
Lodging stocks fall; Starwood modifies loan; Quadrum explores Arlo Hotels sale; and Holiday travelers plan to cut spending 18% and take fewer trips as financial concerns rise, Deloitte survey finds, including high-income Americans.
Lodging Stocks End the Week on a Down Note
The Baird/STR Hotel Stock Index was up 14.3% in July. Year to date the first seven months of 2022, the stock index is still down by -10.4%.
According to Bloomberg, the Abu Dhabi Investment Authority is exploring options, including a possible sale of the Miami Beach Edition hotel .
AC Hotels by Marriott announced the opening of the new AC Hotel by Marriott Monterrey Valle , its first hotel in the city of Monterrey, Nuevo Leon