Marriott International

North America

Global Hotel Transactions Reach $42 Billion Q3

Global hotel investments are booming, with a 13% RevPAR increase, high cross-border deals, and $42.1B in transactions, driven by strong demand for luxury and select-service hotels.

Alan Woinski and Kim Woinski | 3 weeks ago

Asia-Pacific

Marina Bay Sands Completes Latest Phase of Reinvestment Plan

Marina Bay Sands in Singapore launched a new brand vision, "Above Beyond," as part of a $1.75 billion transformation to elevate its hospitality, including revamped suites, expanded butler services, and upgraded facilities across its three hotel towers.

Alan Woinski | 4 weeks ago

North America

Mandarin Oriental Plans Miami Project

Mandarin Oriental Hotel Group is expanding in Miami with a new Brickell Key project, adding projects in Mexico and Grand Cayman.

Alan Woinski and Kim Woinski | 4 weeks ago

Asia-Pacific

Oberoi Group Family Drama Continues

The Oberoi family is embroiled in a legal dispute over the hotel company’s board and inheritance, with Anastasia Oberoi challenging her step-siblings over a contested will from 2021.

Alan Woinski | 4 weeks ago

Asia-Pacific

Thailand Plans to Double Passenger Capacity by 2032

Thailand aims to invest $2.86 billion to double passenger capacity at six major airports to 246.5 million by 2032 to support tourism growth.

Alan Woinski | 4 weeks ago

North America

Marriott and Choice Report Q3 Earnings

Choice Hotels’ Q3 results led to a stock uptick, while Marriott’s mixed report and lower Q4 guidance saw its shares decline despite share buybacks and a new cost-cutting plan.

Alan Woinski and Kim Woinski | 4 weeks ago

Asia-Pacific

Hyatt Plans 200 More Hotels in Asia Through 2032

Hyatt Hotels plans to expand its Asia-Pacific portfolio by 67% with over 200 new hotels to meet rising demand from young, affluent travelers.

Alan Woinski | 4 weeks ago

North America

Hyatt Has Had a Good Year, But Stock Still Drops After New Guidance

Hyatt’s stock dropped over 6% after the company lowered its growth outlook, adjusted EBITDA, and free cash flow guidance for 2024.

Alan Woinski and Kim Woinski | 1 month ago

Asia-Pacific

Grand Nikko Tokyo Daiba Sold for $691 Million

TPG Angelo Gordon, in partnership with Kenedix, is purchasing the Grand Nikko Tokyo Daiba hotel from Hulic Co. for $691 million as part of its strategy to invest in opportunistic real estate in Asia.

Alan Woinski | 1 month ago

North America

Taylor Swift-Fueled Surge in New Orleans Drives U.S. Hotel Industry Boost

U.S. hotel revenue per available room rose 9.3% year-over-year for the week ending October 26, with New Orleans leading top markets at a 77.6% RevPAR increase – thanks in part to a Taylor Swift performance.

Alan Woinski | 1 month ago