Toronto Has Canada's Largest Hotel Pipeline
The top hotel pipeline cities in Canada at the close of the second quarter are led by Toronto, Vancouver, and Niagara Falls. Plus, more hotel deals and development news.
Ritz-Carlton
Jalisco Announces $1 Billion Hotel Development Program
Jalisco announced $1 billion investment for 38 new hotels by 2028, with Hyatt investing $295 million in three Puerto Vallarta properties.
Mixed Findings From the U.S. Hotels State of the Union Report
CBRE's April 2025 report shows short-term rentals gaining market share as Google travel searches decline, suggesting potential slowdown in 2025 travel demand.
U.S. Hotel Occupancy for Mid-April Drops
Multiple hotel companies announced property openings globally, including Peachtree Group receiving USCIS approval for a SpringHill Suites in Utah.
Hotel Stocks Rollercoaster
The Baird Hotel Stock Index was down -13.7% in March. But they were up modestly today. Goldman Sach re-rated a few hotel groups. And more news.
Al-Bahar Group Boosts Stake in Yotel
The Al-Bahar Group, the majority shareholder of Yotel, has taken an extra 30% stake, raising its total stake in Yotel to more than 95%.
Highgate Plans New Hotel Near Denver International Airport
Highgate Hospitality Management is planning to build a new hotel on a 5.42-acre property in Denver, Colorado, near the airport.
Canadian Hotels' Record High Revenues and Daily Rates
Canada’s hotel industry recorded its highest average daily rate ever in February 2025. But the occupancy rate was slightly only 57.7%, down slightly year-over-year.
IHG Signs $100 Million Deal for Barossa Valley Hotel
IHG is opening its first luxury InterContinental hotel in Australia's Barossa Valley under a 25-year deal, costing $100 million.
Minor International Sees White Lotus Tourism Boost
Minor International plans to expand in the U.S. with an Anantara hotel by early next year, driven by The White Lotus' success, which has boosted bookings at its Thai resorts.