W Hotels

North America

U.S. Hotel RevPAR Goes Up

STR reported U.S. lodging data for the week ending August 31, showing a 3.6% rise in RevPAR, with ADR up 1.6% and occupancy up 1.9%. Group RevPAR increased 7.2% on a 7.1% occupancy boost.

Alan Woinski and Kim Woinski | 5 days ago

North America

U.S. Hotel Performance May Be Down But RevPAR Is Still Up

CBRE has lowered its U.S. hotel performance forecast for 2024 due to weakening leisure travel and corporate profits but still expects RevPAR growth driven by international tourism and election-related events.

Alan Woinski and Kim Woinski | 4 weeks ago

Asia-Pacific

China Pipeline Strength Is at the Higher End

The majority of projects are concentrated in the upper midscale and upscale segments, which account for 69% of the projects and 65% of the rooms in the pipeline. This focus on mid-to-high-end properties suggests a market shift toward catering to more affluent travelers.

Alan Woinski | 4 weeks ago

Asia-Pacific

Wyndham's Record Room Growth in Asia Pacific

Wyndham Hotels & Resorts achieved record growth in Asia Pacific in the first half of 2024, signing over 120 hotels and opening 74 new ones, with an 8% year-on-year net room growth.

Alan Woinski | 1 month ago

North America

U.S. RevPAR Declines for First Time in 3 Years

Thanks to the shift in Easter in 2024 from March to April, RevPAR was down as a whole – but not in the top 25 markets in the U.S.

Alan Woinski and Kim Woinski | 4 months ago

Asia-Pacific

China Tries to Reverse Weak Hong Kong and Macau Tourism

China introduces new measures to enhance travel flexibility and document processing for mainland citizens visiting Macau and Hong Kong, effective May 6.

Alan Woinski | 5 months ago

Asia-Pacific

Accor Plans 30 New Hotels in India

Accor plans to expand its Indian portfolio by introducing 30 new hotels, adding 5,500 rooms over the next 3-5 years, and is set to open luxury hotels including Sofitel Jaipur Jawahar Circle and Raffles Jaipur.

Alan Woinski | 5 months ago

North America

Club Med Says It's Hit a Milestone

Club Med released new data showing the company has reached a fresh milestone by achieving more than $2 billion in international business volume for the first time ever.

Alan Woinski and Kim Woinski | 6 months ago

North America

Choice Hotels Ends Bid to Acquire Wyndham

The market liked this conclusion: both companies' stock prices rose, with Choice Hotels up 6% and Wyndham Hotels 2%, indicating investor relief – or strategic reassessment.

Alan Woinski and Kim Woinski | 6 months ago

Asia-Pacific

Oyo Said to Seek $400 Million Fundraise

Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round for OYO Hotels & Homes Pvt.

Alan Woinski | 8 months ago