Wyndham Hits Significant Growth Milestone
Wyndham says it now has more than 720 hotels now operating across Europe, the Middle East, Eurasia, and Africa. Plus more hotel deals and development news.
Hilton
Ace Hotel Brand Is Close to Being Sold
Bloomberg reported that Japan’s Seibu Holdings is close to signing a deal to acquire the eight-property Ace hotel brand. Will it sell for about $85 million? Read about that and other hotel development deals and news.
Hyatt Plans 90 Asia Pacific Hotels Over 5 Years
Asia hotels report: India down 20% because of spring jitters. Across APAC, Hyatt, Hilton, and IHG expand with 90+ properties.
Canadian Hotel Performance Soars as Global Brands Expand Presence
Canada hotels gain 5.3% RevPAR in May; multiple hotel deals, acquisitions, renovations & new openings across North America and Europe.
Marriott Vacation Clubs Announces Expanded Benefits
Abound by Marriott Vacations exchange members now gain access to more than 8,000 Marriott hotels worldwide.
U.S. Hotels Face a Challenging Landscape This Year
PwC predicts hotel performance for the year. Plus lots of news in Nashville, Kansas, and other hotel development markets.
6 Playa Hotels Are Rebranded to Hyatt
Hyatt rebranded six of Playa's hotels to Hyatt flags, with Hilton losing four properties in the process, and more hotel development news.
Marriott Branded Residences' Open and Pipeline Portfolio Nears 300 Projects
Marriott signed agreements for hotels in: Detroit, Michigan; Muskoka, Canada; Gulf of Papagayo, Guanacaste, Costa Rica; and Jeddah, Saudi Arabia; bringing the Marriott Branded Residences total open and pipeline portfolio to around 300 projects.
Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
India International Visitor Spending Hits Record High
International tourism revenue in India soared to $36.8 billion in 2024, marking a 9% increase above pre-pandemic levels.