Element

North America

CitizenM Opens Its Second Boston Property

citizenM has opened its second Boston property, citizenM Boston Back Bay, a 15-story hotel with 399 guestrooms, curated artwork, and a rooftop bar, making it the company's largest hotel within the Lyrik development.

Alan Woinski and Kim Woinski | 6 days ago

North America

Hyatt to Buy Standard International's Brands

Hyatt Hotels announced plans to acquire Standard International's brands and affiliates, creating a new lifestyle group led by Amar Lalvani, with a $150 million base purchase and potential additional payments.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Hyatt Regency Orlando Could be Sold for $1 Billion

Hyatt is set to sell the Hyatt Regency Orlando for approximately $1.02 billion to Ares and RIDA Development, with Hyatt retaining a preferred equity interest and a 30-year management agreement.

Alan Woinski and Kim Woinski | 1 month ago

North America

Pebblebrook Boosts EBITDA Outlook

Pebblebrook Hotel Trust increased their 2024 EBITDA and AFFO outlook despite reducing their RevPAR outlook, anticipating a stronger 2025.

Alan Woinski and Kim Woinski | 2 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 | 3 months ago

North America

CitizenM Pitches its Co-Working Benefits

CitizenM is expanding its membership program to offer co-working benefits, including inspiring spaces, premium amenities, and access to 34 global locations.

Alan Woinski and Kim Woinski | 3 months ago

North America

Lodging Stocks Rise With the Broader Market

The U.S. stock market rose again today and most lodging stocks came along for the ride upward.

Alan Woinski and Kim Woinski | 3 months ago

North America

Ritz-Carlton Expands to Mexico’s Caribbean Coast

The Ritz-Carlton brand will make its debut on Mexico's Caribbean coast with The Ritz-Carlton Residences, Riviera Maya, featuring 127 residences, with sales and construction starting this year and the first phase debuting in 2026.

Alan Woinski and Kim Woinski | 3 months ago

North America

IHG Expands Portfolio in Mexico

IHG Hotels & Resorts is significantly expanding its luxury and lifestyle portfolio in Mexico, Latin America, and the Caribbean, with multiple new openings planned through 2027, including properties from its Six Senses, InterContinental, Kimpton, Vignette Collection, and Hotel Indigo brands.

Alan Woinski and Kim Woinski | 4 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 | 4 months ago