Barclays Raises U.S. RevPAR Outlook
Barclays believes in the American exceptionalism thesis, expecting U.S. RevPAR momentum to override international weakness this year. Plus, hotel deal and development news.
Scarlett Hotel Group
Taj May Lose New York's Pierre Hotel in $2 Billion Sale
Sultan of Brunei reportedly bids $2 billion for Pierre Hotel, threatening IHCL's Taj brand management contract. Plus other hotel deal and development news.
Ryman Hospitality Anticipates $1 Billion CapEx Allocation
Ahead of Ryman Hospitality Properties’ Investor Day, Truist Securities upped their price target for the REIT.