JLL

North America

Hotel Investment Expected to Increase in 2025

A JLL survey reveals growing optimism in hotel investments, with rising cross-border activity, first-time buyers, and a focus on luxury and extended-stay assets despite challenges from increased capital costs.

Alan Woinski and Kim Woinski | 2 weeks ago

North America

The U.S. Election Day’s Impact on Hotel Revenue

STR reported U.S. hotel data for the week ended November 9. U.S. hotel RevPAR fell -3.5%, with occupancy down -3.5%.

Alan Woinski and Kim Woinski | 3 weeks ago

North America

Mandarin Oriental Plans Miami Project

Mandarin Oriental Hotel Group is expanding in Miami with a new Brickell Key project, adding projects in Mexico and Grand Cayman.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

U.S. Hotel Room Construction Sees Another Increase

The U.S. hotel industry is experiencing steady growth, with construction volumes rising for seven consecutive months, especially in upscale and luxury segments.

Alan Woinski and Kim Woinski | 1 month ago

North America

IHG Reports Slowdown in Revenue Growth

IHG Hotels & Resorts reported mixed results, with global RevPAR up 1.5% despite a 10% decline in China, and announced the end of its licensing deal with The Venetian and The Palazzo in 2025.

Alan Woinski and Kim Woinski | 1 month ago

North America

Hoshino Resorts to Debut First U.S. Luxury Hotel in New York State

Hoshino Resorts is set to open its first new-build hotel in the United States by 2028, bringing a 40-room luxury resort to the small town of Sharon Springs, New York, marking a significant expansion for the renowned Asian hotel operator.

Alan Woinski and Kim Woinski | 2 months ago

Asia-Pacific

Philippines Targets 120,000 New Hotel Rooms by 2028

The Philippines' Department of Tourism plans to add over 120,000 hotel rooms by 2028 to meet rising tourism demand, aiming for 456,000 rooms to accommodate projected arrivals of 11.5 million tourists.

Alan Woinski | 2 months ago

Asia-Pacific

Hyatt Has a New Joint Venture to Help Boost China Presence

Hyatt and China Resources Land have formed a joint venture to expand Hyatt’s hotel presence across Greater China, focusing on asset-light growth and developing several new and existing properties.

Alan Woinski | 2 months ago

North America

Forecasting the Medium-Term Hurricane Impact on Hotels

Baird predicts short-term negative impacts on hotel revenues from recent hurricanes but expects a boost in the intermediate term due to FEMA, insurance, and clean-up crew spending, especially benefiting select service and extended-stay hotels

Alan Woinski and Kim Woinski | 2 months ago

North America

CBRE: Hotel Performances Vary Worldwide

CBRE’s 2024 Global Hotels Midyear Outlook highlights modest RevPAR growth in the U.S., strong resilience in Northern Latin America, slower growth in Europe with luxury outperforming, rising occupancy in the Middle East, and increased air travel boosting Asia Pacific markets.

Alan Woinski and Kim Woinski | 2 months ago