Hampton by Hilton

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 | 3 days ago
North America

Aman Has a Global Wellness Advisor

Top-end brand Aman has a new global wellness ambassador, and they don't settle for second rate. Meet tennis superstar Novak Djokovic.
Alan Woinski and Kim Woinski | 4 days ago
North America

U.S. Hotel RevPAR Goes Up

STR reported U.S. lodging data for the week ending August 31, showing a 3.6% rise in RevPAR, with ADR up 1.6% and occupancy up 1.9%. Group RevPAR increased 7.2% on a 7.1% occupancy boost.
Alan Woinski and Kim Woinski | 5 days ago
Exterior of a short-term rental building
North America

Marriott Drops Sonder a Lifeline

Marriott International has entered a long-term licensing agreement with Sonder Holdings to add over 9,000 rooms to its portfolio under a new "Sonder by Marriott Bonvoy" collection, contributing to a projected 2024 net room growth of 6-6.5%.
Alan Woinski and Kim Woinski | 4 weeks 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 | 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 | 4 weeks 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