IHG Hotels & Resorts

North America

Wells Fargo Adjusts Ratings for Hotel REITs

Wells Fargo adjusted ratings and price targets for several hotel stocks, upgrading some while cutting price targets for others.
North America

Hotel Worker Strikes Resume in Boston

About 400 workers at four Boston hotels began a three-day strike on Thursday. They're seeking higher wages and staffing levels.
North America

CitizenM Opens Its Second Boston Property

citizenM has opened its second Boston property, citizenM Boston Back Bay, a 15-story hotel with 399 guestrooms, curated artwork, and a rooftop bar, making it the company's largest hotel within the Lyrik development.
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.
Asia-Pacific

Indonesia Imposes Bali Hotel Construction Ban

Indonesia has imposed a moratorium on hotel and nightclub construction in Bali to curb overdevelopment and protect the island’s culture and environment.
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.
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.
North America

Truist Unveils Forecasts for Hotels

Truist reports slight downward revisions in U.S. hotel booking and pricing trends for 3Q and 4Q, with modest growth expected in 2025, but no signs of a sudden pullback or near-term upside for RevPAR.