Mama Shelter

Marriott closed its acquisition of CitizenM in only three months and will complete the integration in about a month's time, both much faster than the industry average. Plus more hotel news.

The Ascott Limited announced its Citadines hotels portfolio has surpassed 200 hotels with plans to open another 20 under the upper-midscale brand by the end of 2026. The launches include Citadines on the Pier Hobart in Australia, Citadines…

Chengdu has the greatest number of projects in China's total hotel construction pipeline, with 25,331 rooms under construction. Outside of China, India has the most hotel rooms under development (99,195 rooms) in Asia Pacific.

Ennismore signed a deal with Thailand’s Platinum Group to introduce the Mama Shelter brand to Bangkok around 2029. Plus, more hotel development news.

Marriott opened its first StudioRes hotel in Fort Myers, marking the company's entry into midscale extended stay lodging.

Morgan Stanley lowered Hyatt's price target while raising those for Marriott, Hilton, and Wyndham, keeping their respective ratings unchanged.

Global travel and tourism sector deals declined by 4.3% in 2024, with private equity deals rising, M&A deals slightly increasing, and venture financing deals dropping, while Europe saw growth and other regions faced declines.

Deutsche Bank's conference highlighted mixed optimism in the gaming, lodging, and leisure sectors, with discussions on election impacts, leisure demand stabilization, corporate travel growth, M&A opportunities, and cautious investor views on resort acquisitions.

American Express Global Business Travel predicts sustainability, personalized experiences, technology, and flexible pricing will reshape the hotel industry by 2025.

IHG Hotels & Resorts plans to double its presence in India to 100 hotels over the next five years, expanding in key cities and introducing the InterContinental brand in Telangana by 2029.