Four Seasons

North America

Global Tourism Numbers in First 7 Months Beat 2023, Approach 2019

International tourism in the first seven months of 2024 grew by 11% compared to 2023, nearing 2019 levels, with all regions showing strong recovery, led by the Middle East, and many countries exceeding pre-pandemic arrival numbers and receipts.
Alan Woinski and Kim Woinski | 6 days ago
North America

Hotels Could Benefit From Cut in Interest Rates

Analysts expect the Fed's interest rate cuts to boost hotel REIT earnings, with Ashford Hospitality Trust and Braemar Hotel Trust being the biggest beneficiaries.
Alan Woinski | 2 weeks ago
North America

Hotel Construction in Los Angeles Declines

Hotel construction in Los Angeles has significantly declined, with many projects facing foreclosure or bankruptcy, and financing difficulties limiting new developments.
Alan Woinski and Kim Woinski | 4 weeks ago
Asia-Pacific

Asia Pacific Hotel Outlook Mixed for Next Year

JLL's latest survey forecasts mixed fortunes for the Asia Pacific hotel sector in 2024/2025, with optimism in North, South, and Southeast Asia, caution in Australasia and Greater China, and varied expectations for revenue, occupancy, and Capex investments.
Alan Woinski | 1 month ago
North America

Four Seasons Expands Portfolio of Luxury Private Residences

Four Seasons Resort Vail is launching Tavernetta Vail in Winter 2024 as part of a series of upgrades, while the company expands its global luxury residential portfolio with significant growth and new leadership.
Alan Woinski and Kim Woinski | 1 month ago
Exterior of a low slung motel in Miami
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 | 2 months ago
North America

Blackstone and AAHOA Invest in M3 Hotel Software

M3, LLC has secured a majority investment from Blackstone Growth, with AAHOA also investing, to accelerate its growth and expand its hotel management software.
Alan Woinski and Kim Woinski | 2 months ago
Asia-Pacific

Macau to Add 3,000 Hotel Rooms

Nearly 3,000 new hotel rooms are under construction in Macau, with seven more projects planned, while neighboring Hengqin offers cheaper accommodation alternatives.
Alan Woinski | 2 months ago