Blackstone

Asia-Pacific

Oberoi Group Family Drama Continues

The Oberoi family is embroiled in a legal dispute over the hotel company’s board and inheritance, with Anastasia Oberoi challenging her step-siblings over a contested will from 2021.

Alan Woinski | 3 weeks ago

Asia-Pacific

Hyatt Reports Double-Digit Growth in India

Hyatt Hotels is experiencing strong growth in India, focusing on experiential luxury and strategic expansion, aiming to double its hotel portfolio within five to six years.

Alan Woinski | 1 month ago

North America

Skyline Investments Sells Courtyard Hotels Across the U.S.

Skyline Investments sold 11 Courtyard by Marriott hotels in the U.S. for $101 million, retaining ownership of three other Courtyard properties, which are up for sale.

Alan Woinski and Kim Woinski | 1 month ago

Asia-Pacific

Hilton Plans 150 Luxury Hotels in Asia Pacific

Hilton plans to significantly expand its luxury hotel portfolio in Asia Pacific, aiming to surpass 150 properties by partnering with Small Luxury Hotels of the World and introducing new luxury brands to the market.

Alan Woinski | 3 months ago

North America

Large Hotel Transactions Are on the Rise

JLL reports a significant rise in large hotel transactions, particularly in luxury markets, with 2024 seeing a 59% increase in single-asset deals over $200 million, totaling $4 billion.

Alan Woinski and Kim Woinski | 3 months ago

North America

U.S. Hotel Industry Reports a Largely Flat July Performance

In July 2024, the U.S. hotel industry saw flat year-over-year performance, with Oahu Island leading in key metrics, while Phoenix and New Orleans had the lowest occupancy rates.

Alan Woinski and Kim Woinski | 3 months ago

North America

Blackstone and AAHOA Invest in M3 Hotel Software

M3, LLC has secured a majority investment from Blackstone Growth, with AAHOA also investing, to accelerate its growth and expand its hotel management software.

Alan Woinski and Kim Woinski | 3 months ago

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.

Alan Woinski and Kim Woinski | 4 months ago

North America

Hyatt Expands in New Orleans

Hyatt Hotels Corporation announced the addition of Maison Metier and The Barnett in New Orleans to their portfolio, both expected to join Hyatt's independent collections in 2024 under new branding and management by HRI Hospitality.

Alan Woinski and Kim Woinski | 5 months ago

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.

Alan Woinski and Kim Woinski | 6 months ago