Marriott and Hilton Stocks Hit Record Highs
Invel Real Estate secured a EUR 65 million UniCredit facility to expand its Yellow Square hybrid-hotel brand across Italian cities. Plus, more hotel deal and development news.
Newmark Group
Ritz-Carlton Hotels in New York, D.C. Set for New Owners
Westbrook Partners is selling Ritz-Carlton hotels in New York and Washington, D.C. Plus more hotel deal and development news.
Tokyo Unveils Hotel Tax Hikes for 2027
Tokyo, Japan, unveiled a plan to overhaul its accommodation tax system, replacing the current flat-rate structure with a percentage-based model. In most cases it will boost what people pay. Plus, more hotel development news.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.
SH Hotels Officially Rebrands as Starwood Hotels
SH Hotels & Resorts is rebranding as Starwood Hotels, reviving the iconic name founded by Barry Sternlicht.
Hilton's Huge Expansion in 2024
In 2024, Hilton achieved 7.3% net unit growth by adding nearly 1,000 hotels and strengthening its global pipeline, while expanding its brand portfolio with new lifestyle and luxury offerings worldwide.
Marriott Buys Postcard Cabins to Build an Outdoor Hospitality Brand
Marriott International is expanding its outdoor-focused lodging with the acquisition of Postcard Cabins, aiming to launch a collection in 2025 featuring tiny cabins and unique accommodations near natural destinations.