Margaritaville Hotels & Resorts

North America

Park Hotels Reveals Impact of Labor and Weather Events

Park Hotels reinstated 2024 earnings guidance noting labor strikes and hurricanes disrupting operations, and announced a 4Q dividend of $0.60-$0.66 per share, yielding about 9.6%.
Alan Woinski and Kim Woinski | 2 weeks ago
North America

Stable Hotel Supply Growth Through 2026

Truist reported that Lodging Econometrics expects steady hotel supply growth rates through 2026, supporting Ryman Hospitality with minimal new competition in large convention hotels.
Alan Woinski | 4 months ago
North America

North America Guest Satisfaction Rankings Are In

Luxury and upper upscale hotel segments show strong guest satisfaction, while limited-service segments have declined, with The Luxury Collection, Margaritaville Hotels & Resorts, and others ranking highest in their categories.
Alan Woinski and Kim Woinski | 4 months ago
North America

CBRE Expects 1% a Year Hotel Supply Growth Through 2027

In the shorter term, CBRE expects a 2% RevPAR growth in 2024, driven by international tourism and limited supply, despite a weaker first quarter and a reduced forecast from 3%.
Alan Woinski and Kim Woinski | 6 months ago
North America

Marriott International Expands Canadian Pipeline

Marriott International has significantly strengthened its presence in Canada, experiencing a 36% increase in hotel-level leisure revenue in 2023.
Alan Woinski and Kim Woinski | 7 months ago
Exterior of a hotel.
North America

Melia Hotels Announces International Push

In 2024, the company’s expansion plans include an initial goal of opening more than twenty hotels and continuing to sign as many new projects.
Alan Woinski and Kim Woinski | 10 months ago
North America

Accor to Expand Luxury and Lifestyle Brands

As 2024 begins to unfold, Accor is continuing to expand the brands within its Luxury & Lifestyle division to meet the world’s accelerating demand for high-end and culturally relevant travel experiences.
Alan Woinski and Kim Woinski | 10 months ago
North America

Wyndham’s Board Tells Shareholders to Reject Choice

Wyndham’s Board rejects Choice Hotels' unsolicited offer to acquire WH, backed by the Asian American Hotels Owners Association's opposition. Hilton to open its first Tapestry Collection hotel in Los Cabos in 2024, alongside another project in La Paz. Preferred Hotel Group aims to expand its Beyond Green brand in Mexico, targeting 75 sustainable hotels globally.
Alan Woinski and Kim Woinski | 11 months ago
North America

Hilton Unveils Plans for Luxury Hotels in 2024

Wells Fargo downgraded Sunstone Hotels and revised DiamondRock Hospitality and Apple Hospitality's ratings. According to the National Travel and Tourism Office, international visitors to the U.S. in October 2023 spent $18.9 billion, marking a 23% increase from the previous year. In 2024, Hilton’s luxury portfolio, inclusive of Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts and LXR Hotels & Resorts will announce offerings that will provide guests with new brand signatures.
Alan Woinski and Kim Woinski | 12 months ago