Kimpton

Asia-Pacific

Japan and China Lead Global Hotel Investment Surge

Japan and China are emerging as top destinations for global hotel investments due to strong travel demand, economic optimism, and promising returns.

Alan Woinski | 4 days ago

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.

Alan Woinski and Kim Woinski | 1 week ago

North America

Hotel Worker Strikes Could Pick Up Steam

The nationwide hotel strike is intensifying, impacting major hotel chains and owners, with concerns about the long-term effects of either giving in to union demands or enduring prolonged strikes.

Alan Woinski and Kim Woinski | 2 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

Club Med Rolls Out Developments Across its Portfolio

Club Med announced renovations at its Cancun and Punta Cana resorts and plans for a new luxury resort in Oman opening in 2028.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Blackstone and AAHOA Invest in M3 Hotel Software

M3, LLC has secured a majority investment from Blackstone Growth, with AAHOA also investing, to accelerate its growth and expand its hotel management software.

Alan Woinski and Kim Woinski | 1 month ago

Choice Hotels Misses its Earnings Mark

Choice Hotels missed earnings expectations and lowered RevPAR guidance, but maintained EBITDA guidance and continued significant stock buybacks.

Alan Woinski and Kim Woinski | 1 month ago

North America

Hilton Beats Estimates

Hilton beat estimates and cut guidance, and seemed to have a report that was accepted more than Marriott ’s.  The company has raised their net room growth target for the year and it repurchased shares this quarter.

Alan Woinski and Kim Woinski | 1 month ago

North America

Corporate Travel Managers Expect Spending to Increase

Deloitte's 2024 Corporate Travel Report indicates rising corporate travel spending driven by increased prices and trip frequency, with significant growth expected through live events and client-related travel, alongside efforts in cost mitigation and sustainability progress.

Alan Woinski and Kim Woinski | 2 months ago

North America

Marriott and IHG Announce Openings and Renovations in Key U.S. Markets

Marriott unveils renovations at Courtyard by Marriott Nashville Downtown and new Palmetto Marriott Resort & Spa, while Kimpton celebrates the grand opening of its first hotel in Budapest.

Alan Woinski and Kim Woinski | 2 months ago