Choice Hotels International

The investment research firm Truist sees better RevPAR growth than the Street does on average. Plus, more hotel development news.

MCR informed partners it can't deliver its $200M equity commitment by the expected closing date for Soho House's take-private deal. Plus, more hotel deal and developmen news.

Hilton removed a Minnesota Hampton Inn from its system after videos showed the franchise refusing bookings from DHS and ICE agents. Plus, hotel deal and development news.

Lotte announced it has acquired the site of the Lotte New York Palace hotel in Manhattan. Plus, more hotel deal and development news.

New Orleans' convention center has approved a new design for a $600 million headquarters hotel run by Omni. Plus, more hotel deal news.

Marriott does not agree with the characterizations expressed in a Sonder press release, after Sonder's financial collapse. Plus, hotel deal and development news.

For the full year, Choice cut its projection for U.S. RevPAR to decline by between -2% and -3%, worse than a previous range of between 0% and -3%. Plus, more hotel deal and development news.

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.

Melia Hotels International has partnered with Urban Network Capital Group to launch its first U.S. branded residences in Miami. Plus, more hotel deal and development news.

Choice Hotels launches MainStay Suites in Australia with seven hotels planned, marking the brand's first expansion outside North America. Plus, more hotel deal and development news.