Fairfield Inn & Suites

North America

IHG Plans to Double Hotel Indigo Portfolio 

IHG Hotels & Resorts plans to double the Hotel Indigo portfolio within three to five years, adding new properties in diverse locations such as the Cayman Islands, Oman, Mexico, and more, with several openings scheduled throughout 2024.
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.
North America

Marriott International Expands Canadian Pipeline

Marriott International has significantly strengthened its presence in Canada, experiencing a 36% increase in hotel-level leisure revenue in 2023.
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.