Ritz-Carlton Hotels in New York, D.C. Set for New Owners
Westbrook Partners is selling Ritz-Carlton hotels in New York and Washington, D.C. Plus more hotel deal and development news.
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Barclays, Morgan Stanley Name Hyatt as Top Lodging Pick
Barclays and Morgan Stanley both named Hyatt as their most favored lodging stock, while Morgan Stanley downgraded Hilton Grand Vacations. Plus, more hotel deal and development news.
Thailand Tourism Revenue Holds as Visitor Mix Shifts
High-spending tourists are helping support Thailand's tourism revenue. Plus hotel development news from Asia Pacific.
U.S. RevPar Hit Record First-Quarter Highs
JLL reports record Q1 2025 RevPAR with $4.6B in U.S. hotel transactions, as Middle Eastern, European and Asian investors target urban assets.
Accor Says April and May Bookings Look Steady
Hotel industry shows activity with Accor confirming its outlook for the year without a downward revision and KHP Capital Partners securing $300 million for hotel acquisitions and renovations.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.
Barclays and STR Predict Modest RevPAR Growth for 2025
Barclays and STR forecast modest RevPAR growth of around 2% through 2025, with some softening due to GDP and mixed short-term performance.
State of Global Tourism, According to the UN
International tourism nearly reached pre-pandemic levels in early 2024, with notable growth in the Middle East, Europe, and Africa, and a full recovery projected for the year.
Wyndham Orlando Resort Likely to Close
The Wyndham Orlando Resort on International Drive is set to close on April 30, with potential plans for partial preservation and redevelopment by owner Unicorp National Developments Inc.
NoMad Las Vegas Will Be Rebranded
NoMad's Las Vegas property will be left behind as new owner Hilton focuses on other properties currently – and in the future – of the brand.