Fairfield Inn & Suites

North America

Park Hotels Beats First-Quarter Estimates 

Park Hotels exceeded adjusted EBITDA and AFFO estimates and raised their financial guidance, citing optimism in their group and leisure outlook, likely due to recently renovated properties.
North America

Selina Shareholders Prepare for More Dilution

Selina Hospitality's existing shareholders face dilution as Osprey International Limited expedites its $6 million investment, impacting the company's total share structure unfavorably.
Asia-Pacific

Hyatt Introduces New Hotels in China

Hyatt Hotels launched Caption by Hyatt Zhongshan Park Shanghai, its new lifestyle brand in the Asia Pacific, and opened Hyatt Centric Zhongshan Park Shanghai, the first full-service Hyatt Centric hotel in downtown Shanghai.
North America

Selina’s Leaders Move to Soothe Worries

Selina Hospitality issued an update, emphasizing management's confidence through executive stock conversions and alignment with shareholders, clarifying that insider stock sales were automatic transactions for tax purposes, not discretionary market sales.
North America

Wyndham Expands in the Extended-Stay Sector

WaterWalk, Wyndham’s 25th brandstands out from other hotel brands in that it lets owners sell a mix of rooms, with about 60% marketed as extended-stay hotel rooms and about 40% marketed as short-term rentals.
North America

Club Med Says It's Hit a Milestone

Club Med released new data showing the company has reached a fresh milestone by achieving more than $2 billion in international business volume for the first time ever.
North America

A&O to Invest €500 Million in Hostels

Europe hostel chain A&O is set to invest €500 million to aid its expansion across Europe. The company is seeking to expand its presence in European city centers.
North America

Rosewood Talks Its Global Pipeline

The Rosewood Hotel Group is set to expand its global presence and enhance its portfolio, which currently includes 48 properties across 23 countries, with new openings in Europe, Asia Pacific, the Middle East, and the Americas, alongside growing its residential business.
North America

Lodging Stocks Rise on U.S. Fed Statement

The Fed Chief made it pretty clear there will be no interest rates lowered for some time and the markets seemed to like the certainty.