Hyatt Place

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 | 1 week ago

Asia-Pacific

Marriott Announces New Properties in Malaysia and India

Marriott International opened its 50th property in Malaysia, the Penang Marriott Complex, featuring three hotels, while announcing plans to shift six Samhi Hotels in India to managed operations by October 2024.

Alan Woinski | 2 weeks 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 | 2 weeks 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 | 3 weeks ago

North America

U.S. Lodging Stocks Rise, But Canadian Hotel Occupancy Declines

The DJIA, Nasdaq, and S&P 500 rose on Friday, while Canada's hotel industry saw a slight decline in occupancy in July 2024 after three months of increases.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Wyndham’s New Extended Stay Brand Has First Grand Opening

ECHO Suites Extended Stay by Wyndham opened its first location in Spartanburg, South Carolina, marking a milestone for the brand with a development pipeline of nearly 270 hotels.

Alan Woinski and Kim Woinski | 2 months ago

North America

Four Seasons Hotel New York to Reopen

Four Seasons' long drama with Ty Warner may finally be coming to an end.

Alan Woinski and Kim Woinski | 3 months ago

North America

Las Vegas' Mirage Hotel and Casino to Close

Hard Rock International will cease operations of The Mirage Hotel & Casino to begin transforming the venue into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. The new resort will feature a guitar-shaped hotel nearly 700 feet in height.

Alan Woinski and Kim Woinski | 4 months ago

North America

Las Vegas Lifts U.S. Hotel Performance

U.S. hotel performance in February 2024 saw modest revenue gains driven largely by Las Vegas and major events, with luxury and upscale chains leading growth amidst varied demand across other segments.

Alan Woinski and Kim Woinski | 6 months ago

Asia-Pacific

Hyatt Plans 7 New Hotels in India

Hyatt Hotels said they plan to expand their footprint in India by opening seven new hotels and adding 1,115 keys across leisure and city destinations in 2024.

Alan Woinski | 6 months ago