Choice Hotels' Ascend Collection Surpasses the 500-Property Milestone
The original soft brand, Ascend Collection from Choice Hotels has surpassed its 500th property milestone. Plus, more hotel deal and development news.
Sandpiper Hospitality
San Francisco Bay Area Sees Hotel Gains
Accor agreed to sell its stake in Essendi, formerly AccorInvest, to a Blackstone-led consortium for up to 975 million euros. Plus, more hotel deal and development news.
Honolulu Is Set to Welcome a 36-Story Hotel Tower
Hilton Hawaiian Village Waikiki Beach Resort's new 36-floor Ala Moana Boulevard Tower will add 515 rooms with construction starting next year. Plus more hotel deal and development news items.
Travel Deal Activity Drops 8% in First Half of 2025
The travel & tourism sector witnessed a notable decline in deal activity in the first half of 2025, down 8% year over year. Plus, hotel deal and development news.
NYC Leads U.S. Hotel Occupancy at 87%
The U.S. hotel industry saw slight year-over-year performance improvements in November 2024, with New York leading occupancy gains among major markets.
Pebblebrook Boosts EBITDA Outlook
Pebblebrook Hotel Trust increased their 2024 EBITDA and AFFO outlook despite reducing their RevPAR outlook, anticipating a stronger 2025.
Wyndham and Accor Post Earnings Updates
Wyndham showed strong performance through expense containment and share repurchases, and Accor increased RevPAR, net unit growth, and EBITDA.
Wyndham Deal Expands its All-Inclusive Options
Wyndham Hotels and Decameron have formed an alliance to expand all-inclusive offerings with nine new resorts in Mexico, Panama, and Jamaica, with some joining the Trademark Collection and others joining the Ramada brand.
U.S. Hotels See Best Rates and Occupancy Since 2019
The DJIA ended Friday with a gain of 395 points, while NASDAQ was up 255, the S&P 500 rose 59 points and the 10-year treasury yield ticked up a little to 4.15%. Lodging stocks were mostly…
JP Morgan Re-Ranks Many Hotel Stocks
JP Morgan upgraded Choice Hotels to Neutral and shifted Host Hotels, Park Hotels, Ryman Hospitality, and Sunstone Hotels to Neutral, citing less downside in lodging REITs.
CoStar forecasts U.S. hotel demand growth of 1.8% in 2024, with occupancy increasing by 1% and room rate growth aligning with inflation, leading to RevPAR growth of 4.8% this year and 4% in 2024.
Barclays shifted to Equal Weight on Marriott Vacations, expressing uncertainty in company-specific execution and favoring Hilton Grand Vacations in the timeshare sector.