McKibbon Hospitality

North America

Hampton by Hilton Unveils New Brand Identity

Hampton by Hilton announced a new North American prototype and the unveiling of a refreshed global brand identity, with key updates for both Hampton Inn and Hampton Inn & Suites.
North America

State of Global Hotel Construction Pipeline for Q4 Year End

The biggest surprise of this earnings season is how bullish analysts seem to be coming out of it. Lodging Econometrics released its Q4 year-end Global Construction Pipeline Trend Report . At the close of 2022, LE analysts state that the total global construction pipeline stands at 14,267 projects with 2,298,846 rooms. The 473-room, La Concha Resort , in San Juan, Puerto Rico, has joined Marriott International’s Autograph Collection .
North America

Spark by Hilton Is a Conversion Favorite

BofA Securities initiated coverage on Marriott Vacations with a Neutral rating and a $180 price target. The Wall Street Journal published an article on how hotel companies are stepping up efforts to lure competitors’ hotels to their own brands. The article referenced Hilton’s new Spark by Hilton brand. We had heard those concerns about upcoming maturities from Service Properties Trust when we were positive about their resumption of the previous dividend, giving them an 11% yield at the time.
North America

U.S. Hotel RevPAR Tops 2019 for Week Ending 11/19

STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same week in 2019. Following weeks of preliminary groundwork, construction has finally begun on the new Moxy Asheville – North Carolina’s first Moxy Hotel. Hilton Worldwide Holdings Inc . is partnering with Proof & Co.’s beverage consultancy arm to revamp the bar experience at all of its Waldorf Astoria properties.
North America

New York City Leads U.S. With 2022 New Openings

According to the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics , the U.S. market with the largest hotel construction pipeline by projects is Dallas . Despite down markets, lodging stocks were modestly higher even though the two biggest movers were to the downside. BWH Hotel Group announced the launch of a new extended stay brand .