Wyndham CEO Geoff Ballotti Discloses Cancer Diagnosis
Wyndham's CEO will continue to work while getting treatment for cancer. Corvex Management demands Whitbread sell Premier Inn. Plus, more hotel news.
Summit Hotels
Accor Opens 800th Hotel in Greater China
Accor opened its 800th hotel in Greater China as Vietnam's hotel market gains ground on rivals like Phuket across Asia. Plus, more hotel deal and development news.
Minor Hotels Launches Colbert Collection
Minor Hotels unveiled Colbert Collection, a global soft brand debuting in Italy this spring and expanding to the UK, Spain, and UAE. Plus, more hotel deal and development news.
Pebblebrook and Summit Hotel Report Earnings
Pebblebrook Hotel Trust and Summit Hotel Properties reported solid fourth-quarter earnings. Plus, hotel deal and development news.
Armani Seeks to Scale Up Hotel Brand
The Armani Group announced a new joint venture to develop more Armani hotels. Plus, other hotel development news.
Host Hotels' Strong Third Quarter
Host Hotels delivered a great third quarter report, as did DiamondRock Hospitality. Plus, Sonder's collapse and more hotel deal and development news.
Choice Trims Guidance, Highgate Lands Kessler Contract, Wyndham CFO Leaves
For the full year, Choice cut its projection for U.S. RevPAR to decline by between -2% and -3%, worse than a previous range of between 0% and -3%. Plus, more hotel deal and development news.
U.S. RevPAR Trends Weaker Than Expected
Baird and Barclays said they expect a downbeat 3Q earnings season with disappointing RevPAR. Plus, deal and development news.
Bali Plans Construction Ban Following Flood Damage
Bali is considering a ban on the construction of new hotels and restaurants following the flash flooding earlier this month. Plus more hotel deal and development news.
Yotel Appoints Marriott Exec Phil Andreopoulos as CEO
Yotel announced the appointment of Phil Andreopoulos as CEO. And more hotel and development news.