Park Hyatt

Asia-Pacific

Hyatt Has a New Joint Venture to Help Boost China Presence

Hyatt and China Resources Land have formed a joint venture to expand Hyatt’s hotel presence across Greater China, focusing on asset-light growth and developing several new and existing properties.

Alan Woinski | 1 month ago

North America

Hyatt Expands Select Service Pipeline in Americas

Hyatt Hotels is expanding its select service pipeline by 25% in the Americas, with significant global growth of its Caption by Hyatt and Hyatt Studios brands, while also upgrading its Hyatt House and Hyatt Place brands for better efficiency and guest experience.

Alan Woinski | 2 months ago

Asia-Pacific

Oberoi Family Fight Hasn’t Stopped Hotel Growth

EIH Ltd plans to build new hotels in Pune and London, while facing a legal family dispute over the company.

Alan Woinski | 2 months ago

North America

Hyatt to Buy Standard International’s Brands

Hyatt Hotels announced plans to acquire Standard International's brands and affiliates, creating a new lifestyle group led by Amar Lalvani, with a $150 million base purchase and potential additional payments.

Alan Woinski and Kim Woinski | 3 months ago

Asia-Pacific

Philippines Holds on to 2024 Tourist Targets

The Philippines aims for 7.7 million tourists in 2024 despite challenges, with South Korea as the top source market and a significant increase in visitor receipts this year.

Alan Woinski | 3 months ago

Asia-Pacific

Hyderabad and Mumbai Lead Indian Hotels’ Growth

The Indian hotel industry saw a 4.8% RevPAR growth in 2Q24, with Hyderabad leading the gains, while Mumbai hotels topped in occupancy, ADR, and RevPAR, despite a dip in overall occupancy due to summer vacations and reduced corporate travel.

Alan Woinski | 3 months ago

North America

Hilton Beats Estimates

Hilton beat estimates and cut guidance, and seemed to have a report that was accepted more than Marriott ’s.  The company has raised their net room growth target for the year and it repurchased shares this quarter.

Alan Woinski and Kim Woinski | 4 months ago

North America

Los Angeles’ Trio of Grafitti’d Hotel and Condo Towers Gets a Bidder

A stalking-horse buyer has offered $500 million for the abandoned Oceanwide Plaza in Downtown Los Angeles, which includes a partially built Park Hyatt hotel.

Alan Woinski and Kim Woinski | 4 months ago

Asia-Pacific

ITC Shareholders Okay Hotel Spin-Off

ITC shareholders approved the company's plan to spin off its hotel business, retaining a 40% stake, with overwhelming support from minority shareholders.

Alan Woinski | 6 months ago

North America

Marriott Boosts Quarterly Dividend 21%

In a week filled with earnings news, Marriott’s increased dividend will likely please investors the most.

Alan Woinski and Kim Woinski | 7 months ago