North America
Aman Has a Global Wellness Advisor
Top-end brand Aman has a new global wellness ambassador, and they don't settle for second rate. Meet tennis superstar Novak Djokovic.
Soho House and Co Inc.
North America
Hotel Worker Strikes Could Pick Up Steam
The nationwide hotel strike is intensifying, impacting major hotel chains and owners, with concerns about the long-term effects of either giving in to union demands or enduring prolonged strikes.
North America
U.S. Hotels State of the Union Reveals Surge in Short-Term Rental Demand
The CBRE August 2024 U.S. Hotels report highlights slowing GDP growth, moderate consumer risks, declining CMBS borrowing rates, and mixed performance in hotel occupancy, RevPAR, and travel metrics.
North America
Stable Hotel Supply Growth Through 2026
Truist reported that Lodging Econometrics expects steady hotel supply growth rates through 2026, supporting Ryman Hospitality with minimal new competition in large convention hotels.
Choice Hotels Misses its Earnings Mark
Choice Hotels missed earnings expectations and lowered RevPAR guidance, but maintained EBITDA guidance and continued significant stock buybacks.
North America
Takeaways From Hotel Earnings Season
Key events included DiamondRock Hospitality's upgrade, Hyatt and Apple Hospitality lowering guidance, and IHG reporting strong new room signings despite challenges in China.
North America
Lodging Stocks Follow Rest of the Market Down
Financial markets plunged with major indices and lodging stocks down sharply, except for SHCO which rose 6%.
North America
Marriott Vacations Takes a Beating
Marriott Vacations Worldwide's stock fell sharply due to a disappointing earnings report and a significant loan loss provision, indicating struggles in the timeshare market.
North America
San Francisco Area Hotel Production Dries Up
Hotel production in the San Francisco Bay Area has nearly stopped in 2024, with only two new openings and uncertain prospects for ongoing projects.
North America
North America Guest Satisfaction Rankings Are In
Luxury and upper upscale hotel segments show strong guest satisfaction, while limited-service segments have declined, with The Luxury Collection, Margaritaville Hotels & Resorts, and others ranking highest in their categories.