IHG Hotels & Resorts

Starting late 2025, foreign tourists visiting Thailand will pay a 300-baht tax, which includes life and accident insurance.

Ashford Hospitality Trust cut board and management compensation in an attempt to save at least $14 million in EBITDA toward its $50 million goal.

In January 2025, Canada’s hotel industry reported year-over-year gains in occupancy, ADR, and RevPAR, with British Columbia and Vancouver leading occupancy while Prince Edward Island and Calgary lagged.

Hyatt announced Hyatt Select, a new upper-midscale brand, and celebrated the opening of its first Hyatt Studios location.

In January, Toronto hotels charged slightly more than Vancouver’s amid rising rates and lower occupancy nationwide, with Edmonton notably lagging behind.

Choice Hotels beat earnings expectations due to "other revenues," boosted guidance, and repurchased shares, while Accor reported strong Q4 results, announced a major stock buyback, and considered selling its AccorInvest stake.

Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment.

Hotel investment in the Asia Pacific region is rising, with Japan, Singapore, and Australia leading interest, while investors shift focus to upscale segments and await interest rate clarity.

IHG reported strong Q4 2024 results, announced the acquisition of the Ruby brand, raised its dividend by 10%, and launched a $900 million buyback, but investors remained unimpressed despite its strong performance.

IHG is expanding its Vignette Collection with San Francisco's historic Hotel Spero and a new French property opening in 2025, featuring two transformed Tiara hotels.