Sofitel

View of a hotel pool and greens beyond it.
North America

Grand Hyatt Is Having a Global Moment

Grand Hyatt is rapidly expanding and enhancing its global portfolio, with over 10 new hotels opening by 2027 and extensive renovations across existing properties to meet the evolving needs of luxury travelers.
Alan Woinski and Kim Woinski | 6 days ago
North America

Global Hotel Transactions Reach $42 Billion Q3

Global hotel investments are booming, with a 13% RevPAR increase, high cross-border deals, and $42.1B in transactions, driven by strong demand for luxury and select-service hotels.
Alan Woinski and Kim Woinski | 2 weeks ago
Asia-Pacific

Wyndham to Soon Open 300th Franchise in China

Wyndham Hotels & Resorts, the largest U.S.-based hotel company in China, has signed nearly 600 franchise agreements and opened almost 300 hotels in China over five years.
Alan Woinski | 4 weeks ago
Asia-Pacific

Hilton Sets APAC Target of 1,000 Properties

Hilton plans to double its focused service presence in Asia Pacific by expanding its mid-market hotel portfolio to over 1,000 properties, with ongoing regionalized brand initiatives and franchising expansion in key markets.
Alan Woinski | 4 weeks ago
A glass and brass fronted porte cochere.
Asia-Pacific

Marriott Opens a Second St. Regis in Shanghai

Marriott's St. Regis brand has opened its 60th global property, The St. Regis on the Bund, Shanghai, offering luxury accommodations, butler service, and multiple dining and wellness amenities.
Alan Woinski | 1 month ago
A well lit hotel lobby with wooden paneling and bold artwork
Asia-Pacific

Hilton Plans Asia Pacific Expansion

Hilton plans to double its mid-market hotel presence in Asia Pacific, aiming for over 1,000 properties by expanding its Hilton Garden Inn and Hampton by Hilton brands.
Alan Woinski | 1 month ago
Asia-Pacific

Asia Pacific Hotel Outlook Mixed for Next Year

JLL's latest survey forecasts mixed fortunes for the Asia Pacific hotel sector in 2024/2025, with optimism in North, South, and Southeast Asia, caution in Australasia and Greater China, and varied expectations for revenue, occupancy, and Capex investments.
Alan Woinski | 3 months ago
Asia-Pacific

ITC Shareholders Okay Hotel Spin-Off

ITC shareholders approved the company's plan to spin off its hotel business, retaining a 40% stake, with overwhelming support from minority shareholders.
Alan Woinski | 6 months ago