Accor opened its 800th hotel in Greater China as Vietnam's hotel market gains ground on rivals like Phuket across Asia. Plus, more hotel deal and development news.
IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.
CoStar forecasts 0.6% year-over-year growth in 2026. Choice Hotels announced the debut of a newly redesigned prototype for its Everhome Suites brand. Plus more hotel deal news.
Hyatt to open Miraval Red Sea in Q1 2026, expand Park Hyatt to five locations, and rebrand Andaz Mayakoba as Alila in Feb 2026. Plus, more hotel development news.
In 2024, Hilton achieved 7.3% net unit growth by adding nearly 1,000 hotels and strengthening its global pipeline, while expanding its brand portfolio with new lifestyle and luxury offerings worldwide.
Lodging Analytics Research & Consulting forecasts moderate growth in U.S. hotel performance, with rising RevPAR and hotel values through 2025, despite slight margin erosion.
AHT revealed they were notified by the NY Stock Exchange for failing to meet the minimum $1 bid price requirement and will implement a 1-for-10 reverse stock split to regain compliance.
The all-new Four Seasons Hotel Dalian is the first international luxury brand to open in the Chinese city in the past decade, while the forthcoming property in Okinawa will open in 2027.
Morgan Stanley remains optimistic about the hotel industry's growth, forecasting a 2% RevPAR growth globally for next year, with potential for higher growth.
Selina Hospitality faces stock value decline and plans for delisting from Nasdaq.
The Leading Hotels of the World welcomed new members, including newly opened or renovated hotels in New York, California, China, France, Greece, Spain, Italy, and Venice.