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North America
Hihotels by Hospitality International Expands Portfolio
Hospitality International’s hihotels brand has added eight new properties across five states, encompassing a mix of acquisitions and new constructions. -
Asia-Pacific
Hyatt Introduces New Hotels in China
Hyatt Hotels launched Caption by Hyatt Zhongshan Park Shanghai, its new lifestyle brand in the Asia Pacific, and opened Hyatt Centric Zhongshan Park Shanghai, the first full-service Hyatt Centric hotel in downtown Shanghai. -
North America
Barclays Previews First Quarter Results for Hotel Groups
Barclays previewed the first quarter for the lodging sector, suggesting mixed RevPAR results due to the March Easter shift, but maintaining expectations for in-line EBITDA among large caps, while adjusting target prices for major hotel brands including Marriott, Hilton, Hyatt, Wyndham, and Choice Hotels. -
North America
MCR Looks to Miami Hotels
MCR plans to build two eight-story hotels with a total of 400 rooms and additional parking facilities next to the Hilton Miami Airport Blue Lagoon. -
Asia-Pacific
Marriott Rebrands 7 HMI Hotels in Japan
Marriott International and HMI Hotel Group are rebranding seven HMI properties across five major Japanese cities to align with global hospitality trends. -
North America
U.S. Shows Increase in Hotel Pipeline Activity
The Americas is the only region to show an increase in hotel construction and development activity in the first quarter of 2024, contrasting with declines or slower growth in Europe, Asia Pacific, and the Middle East and Africa. -
North America
JP Morgan States Its Q1 Hotel Performance Expectations
JP Morgan forecasts mixed 1Q24 results for the lodging sector, with slow RevPAR growth, strong net rooms growth, and moderating pipeline expansion, recommending selectiveness due to varied performance across companies. -
North America
Camino Real Plans Major Investments in 6 Mexico Properties
The Camino Real hotel chain plans to spend three billion pesos on remodeling and technology upgrades at its properties across several cities in Mexico. -
Asia-Pacific
Taylor Swift Concerts Boost Singapore Hotel Performance
Taylor Swift’s concerts in Singapore led to record hotel performance in March, with significant increases in occupancy, average daily rate, and revenue per available room. -
North America
Hilton Increases Canadian Portfolio
Hilton’s expansion in Canada includes nearly 20 deals signed in 2023, with plans to introduce Spark by Hilton and Motto by Hilton in 2024 – aiming to surpass 200 hotels.