Marriott Hotels

North America

Global Hotel Transaction Volume Hits $42.1 Billion

Global hotel transactions rose to $42.1 billion in Q3 2024, driven by large deals and robust fundamentals, with further growth expected amid favorable economic conditions.
North America

U.S. Hotel Brokers Project Increase in Transactions

Transactions in the $10 to $20 million segment are expected to pick up pace as financing becomes more accessible via the commercial mortgage-backed securities market.
North America

New York City Hotel Prices Reflect Demand

New York City hotel prices hit record highs, prompting mixed reactions from tourists and concerns over affordability, influenced by new Airbnb regulations and migrant housing demands.
Asia-Pacific

Singapore Hotels Hit 80% Occupancy Rates

Singapore hotels maintain high occupancy rates despite rising costs, smaller room sizes, and surging prices, with future growth expected to slow due to limited new supply.
Asia-Pacific

Minor Expands Its Asia Strategy

Minor Hotels Group aims to expand to over 1,000 hotels globally by 2028, focusing on Asia, especially China and India, through an asset-light strategy and franchising.
North America

Grand Hyatt Is Having a Global Moment

Grand Hyatt is rapidly expanding and enhancing its global portfolio, with over 10 new hotels opening by 2027 and extensive renovations across existing properties to meet the evolving needs of luxury travelers.
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%.
North America

Earnings Day for Host Hotels, RLJ, Xenia and MoreĀ 

Many U.S. hotel companies reported earnings, with RLJ Lodging Trust beating estimates but giving a softer forecast, Xenia Hotels missing across the board, and Host Hotels posting a modest beat despite hurricane impacts.