Canopy by Hilton

North America

Takeaways From Hotel Earnings Season

Key events included DiamondRock Hospitality's upgrade, Hyatt and Apple Hospitality lowering guidance, and IHG reporting strong new room signings despite challenges in China.

Alan Woinski and Kim Woinski | 4 months ago

Asia-Pacific

Chinese Hotel Chains Expand into Southeast Asia

Domestic Chinese hotel chains are expanding internationally, with notable investments in Malaysia, Japan, South Korea, and Southeast Asia, driven by the rising number of Chinese travelers.

Alan Woinski | 4 months ago

North America

Wyndham’s New Extended Stay Brand Has First Grand Opening

ECHO Suites Extended Stay by Wyndham opened its first location in Spartanburg, South Carolina, marking a milestone for the brand with a development pipeline of nearly 270 hotels.

Alan Woinski and Kim Woinski | 5 months ago

North America

San Francisco’s 2 Largest Hotels Lose More Than $1 Billion in Value

San Francisco’s two largest hotels have lost over $1 billion in value, now worth $553.8 million, prompting a downgrade in bond ratings and a rush to sell before foreclosure.

Alan Woinski and Kim Woinski | 5 months ago

North America

NYU, NAREIT, and Investor Conferences Special

The NYU Conference had mixed opinions on its tone and mood, with Barclays finding it muted and Truist noting a lack of extreme bullishness, while discussions on hotel REITs highlighted concerns about investment strategies and the influence of hedge funds.

Alan Woinski and Kim Woinski | 6 months ago

North America

U.S. Investors Optimistic About the Hotel Market

The 2024 CBRE Global Hotel Investors Intentions Survey indicates U.S. hotel investors are optimistic, with plans to increase investments, despite challenges like debt servicing and rising costs, favoring urban and leisure markets such as New York City, Miami, Charleston, and Boston.

Alan Woinski and Kim Woinski | 6 months ago

North America

Marriott Boosts Quarterly Dividend 21%

In a week filled with earnings news, Marriott’s increased dividend will likely please investors the most.

Alan Woinski and Kim Woinski | 7 months ago

Asia-Pacific

Six Senses Opens Its First Property in Japan

Six Senses Kyoto, the brand's first urban hotel in Japan, has opened in Kyoto's Higashiyama district, featuring 81 rooms and suites, a spa with unique treatments, and diverse dining options.

Alan Woinski | 7 months ago

North America

MCR Looks to Miami Hotels

MCR plans to build two eight-story hotels with a total of 400 rooms and additional parking facilities next to the Hilton Miami Airport Blue Lagoon.

Alan Woinski and Kim Woinski | 7 months ago

North America

Hilton Increases Canadian Portfolio

Hilton's expansion in Canada includes nearly 20 deals signed in 2023, with plans to introduce Spark by Hilton and Motto by Hilton in 2024 – aiming to surpass 200 hotels.

Alan Woinski and Kim Woinski | 8 months ago