IHG Reveals Its Latest Brand: Noted Collection
IHG launched its 21st brand, Noted Collection, while Hyatt's Thomas Pritzker resigned over ties to Jeffrey Epstein and Ghislaine Maxwell. Plus, deal and development news.
Ruby Hotels
IHG Announces U.S. Debut of Ruby Hotels Brand
IHG will debut its Ruby Hotels brand in the U.S. with a 412-room property in downtown Chicago, opening in 2027 after renovating the Inn of Chicago.
U.S. Hotel Occupancy and RevPAR Declined in August
CBRE released its U.S. Hotels State of the Union September 2025 Edition. Plus, hotel deals and development news.
Wyndham Says It Sees No Signs of Distress
The DJIA fell another 12 points, but Nasdaq rallied 151 while the S&P 500 rose 21 points, and the 10-year treasury yield was down .09 to 4.16%. Lodging stocks were mixed with relief finally from the…
IHG Acquires European Hotel Brand Ruby
IHG reported strong Q4 2024 results, announced the acquisition of the Ruby brand, raised its dividend by 10%, and launched a $900 million buyback, but investors remained unimpressed despite its strong performance.
Marriott’s Earnings Were Good but the Reactions Were Bad
The stock market being as ugly as NJ and NY weather this morning probably had a lot more to do with Marriott’s outsized decline than the actual earnings report.
Analysts Become Modestly Less Bullish on U.S. Hotel Companies
Stock market indices, including the DJIA, Nasdaq, and S&P 500, experienced declines on Friday, while the 10-year treasury yield saw a slight increase.
Barclays expects some REITs, such as Pebblebrook Hotel Trust and DiamondRock , to be disproportionately impacted by below-expectation revenue per available room (RevPAR), while they believe Apple Hospitality will outperform.
Oppenheimer slashed price targets on several lodging stocks, including Chatham Lodging Trust , RLJ Lodging Trust , Braemar , and Apple Hospitality , while maintaining their Outperform ratings on these companies.