Service Properties Trust

North America

Canada’s Hotel Industry Grew Last Year

In January 2025, Canada’s hotel industry reported year-over-year gains in occupancy, ADR, and RevPAR, with British Columbia and Vancouver leading occupancy while Prince Edward Island and Calgary lagged.
North America

Accor and Choice Hotels Report Earnings

Choice Hotels beat earnings expectations due to "other revenues," boosted guidance, and repurchased shares, while Accor reported strong Q4 results, announced a major stock buyback, and considered selling its AccorInvest stake.
North America

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.
North America

Hilton's Huge Expansion in 2024

In 2024, Hilton achieved 7.3% net unit growth by adding nearly 1,000 hotels and strengthening its global pipeline, while expanding its brand portfolio with new lifestyle and luxury offerings worldwide.
North America

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.
North America

Soho House Receives Buyout Offer

What started out as a promising rebound day fizzled by the close with the DJIA up 15, Nasdaq down 20, the S&P 500 down 5 points and the 10-year treasury yield up .08 to 4.57%. Lodging…
North America

Hyatt’s New Las Vegas Deals

Hyatt improves on the value of its World of Hyatt loyalty program with the addition of two iconic Las Vegas properties.
North America

Fitch Sees Strong Hotel Outlook for 2025 on Supply Constraints

Fitch Ratings' 2025 hotel sector outlook is neutral, reflecting stability, moderate growth, and varying regional confidence, with steady revenues supported by limited supply and strong business travel momentum.