Spark by Hilton

Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.

CBRE predicts steady RevPAR growth of 2.0% in 2025, driven by urban market strength, increased travel, and economic recovery.

Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment.

The Q4 2024 Global Hotel Construction Pipeline Trend Report shows a record-high global hotel construction pipeline, led by the U.S. and China, and forecasts continued growth through 2026.

Mint House’s acquisition of Locale brings its short-term rental portfolio to 13 markets across the U.S.

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.

Global travel and tourism sector deals declined by 4.3% in 2024, with private equity deals rising, M&A deals slightly increasing, and venture financing deals dropping, while Europe saw growth and other regions faced declines.

Aimbridge Hospitality is restructuring its finances by converting $1.1 billion in debt to equity, securing $100 million in new capital, and shifting majority ownership to its first lien lenders, with completion expected in early 2025.

Ashford Hospitality Trust introduced the “GRO AHT” initiative to cut overhead, boost revenue, and enhance operational efficiency, thereby driving EBITDA growth and improving shareholder value.

Singapore hotels maintain high occupancy rates despite rising costs, smaller room sizes, and surging prices, with future growth expected to slow due to limited new supply.