Investment analysts say the Iran conflict's effects will be offset by continued optimism around U.S. tax refunds and a potential positive impact from the World Cup. Plus, hotel deal and development news.
Accor agreed to sell its stake in Essendi, formerly AccorInvest, to a Blackstone-led consortium for up to 975 million euros. Plus, more hotel deal and development news.
Centara Hotels and PTT Oil plan six budget hotels at Thai service stations, while IHG debuts Garner brand in Greater China. Plus, more hotel deal and development news.
Meanwhile, Truist forecasts mid and upper-end U.S. hotel RevPAR growth of 2% to 4%, above Wall Street consensus, while upgrading Airbnb. Plus, more hotel deal and development news.
Concord Hospitality expands its U.S. portfolio with new hotel openings, and Sandals plans a $200 million rebuild of three Jamaica resorts. Bernstein analysts suggest Hyatt could attract a mega-merger bid as the Pritzker family loosens its voting control of the chain. Plus, more hotel deal and development news.
Hilton established Select by Hilton with Yotel as its first franchise partner across 23 hotels in 10 countries under the brand. Plus, more hotel deal and development news.
A 43-day U.S. government shutdown cut business travel in 4Q25 while global leisure revenue grew and Hilton laid out big plans for Brazil. Plus, hotel deal and development news.