IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.
Chengdu has the greatest number of projects in China's total hotel construction pipeline, with 25,331 rooms under construction. Outside of China, India has the most hotel rooms under development (99,195 rooms) in Asia Pacific.
The travel & tourism sector witnessed a notable decline in deal activity in the first half of 2025, down 8% year over year. Plus, hotel deal and development news.
Hilton has retained its position as the world’s most valuable hotel brand for the 10th consecutive year, according to the latest report by Brand Finance.
Leisure travel is set to grow in 2025, driven by increased international trips, greater use of travel advisors, and rising interest across demographics.
Park Hotels reinstated 2024 earnings guidance noting labor strikes and hurricanes disrupting operations, and announced a 4Q dividend of $0.60-$0.66 per share, yielding about 9.6%.
U.S. hotel revenue per available room rose 9.3% year-over-year for the week ending October 26, with New Orleans leading top markets at a 77.6% RevPAR increase – thanks in part to a Taylor Swift performance.