IHG Hotels & Resorts

IHG and Choice were optimistic about the rest of the year, though Choice moderated its outlook. The lodging sector expanded with Kessler Collection and others breaking ground.

Hilton plans to double its Indian presence, bringing Waldorf Astoria, Conrad, and LXR brands while DoubleTree remains its largest footprint.

Hotel Equities and Springboard Hospitality merged, plus other hotel news.

Marriott expands with Sydney Parramatta hotel, converts The Farm at San Benito into Philippines' first Autograph Collection resort.

A Boston hotel site is for sale for $6.5M, while EasyGroup will sell EasyHotel to Tristan Capital Partners for €242M in total value.

Industry forecasts suggest India's hotel occupancy will reach 70% this year, with room rates set to to cross the INR 10,000 mark in 2026.

Industry watchers expect Hong Kong to see at least single-digit growth in the number of mainland tourists over the five-day Labour Day Golden Week.

Amid mixed hotel sector performance, Hilton beat earnings while trimming 2025 guidance as hospitality firms expand with new properties across the US and globally.

Tourism is booming across Asia with hotels reporting high bookings for May Day Golden Week and companies like Ascott Limited expanding their portfolios. Thailand said it would continue its subsidy scheme for domestic tourists during the low season.

Hotel industry shows activity with Accor confirming its outlook for the year without a downward revision and KHP Capital Partners securing $300 million for hotel acquisitions and renovations.