Wyndham Debuts Baymont Brand in Asia Pacific
Wyndham will open the Baymont Kunming Wuhua in the heart of the Yunnan capital’s commercial center. Plus, more hotel deal and development news for APAC.
Best Western
Thailand Tourism Drops 7% as Casino Dreams Fade
Thailand is projected to see tourism decline by more than 7% in 2025 due to rising travel costs, coupled with geopolitical instability and inflation. Plus, more hotel development news.
U.S. Hotel Transactions See Modest First-Half Growth
Sonder is almost able to file accurate financial statements on a quarterly basis. Getting to profitability will come after that. And other hotel deal and development news.
Radisson Targets 500 Hotels in India by 2030
Radisson Hotel Group’s CEO, Federico Gonzalez, discusses expansion plans in India (saying his group ranks second in India in terms of number of hotels). Plus, BWH Group expands in APAC, and more hotel news.
Montreal Hotels Expect Growth Amid Drop in U.S. Visitors
Montreal's hotels continue to perform well, and other hotel deal and development news from Skift's Daily Lodging Report.
Six Senses CEO Neil Jacobs Steps Down After 13 Years
Neil Jacobs is stepping down as CEO of Six Senses. After 13 years in the role, he is setting out on a new adventure. Plus, APAC hotel development news.
Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
Hotel Equities and Springboard Hospitality Announce Merger
Hotel Equities and Springboard Hospitality merged, plus other hotel news.
Asia Pacific to See 813 Million International Travelers a Year by 2027
International visitor arrivals, under PATA's medium scenario, to Asia Pacific are projected to reach 813 million by 2027.
Canadian Hotel Investment Exceeded $2 Billion in 2024
Canadian hotel investment surged in 2024, surpassing $2 billion, driven by strong market fundamentals, investor confidence, and heightened competition for quality assets.