Westin Hotels & Resorts

Selina Hospitality's existing shareholders face dilution as Osprey International Limited expedites its $6 million investment, impacting the company's total share structure unfavorably.

Las Vegas saw a significant tourism and economic boost in 2023, highlighted by a surge in convention attendance, international visitors, and major events like the Las Vegas Grand Prix and the Super Bowl.

Hilton aims to triple its India portfolio to 75 hotels in three to four years, expanding into emerging markets like Ayodhya and introducing luxury brands, with a focus on tier-I markets and the growing wedding segment.

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.

Europe hostel chain A&O is set to invest €500 million to aid its expansion across Europe. The company is seeking to expand its presence in European city centers.

MGM Collection with Marriott Bonvoy, the brand created by MGM Resorts International and Marriott International, is now accepting reservations for 16 hotel and resort destinations on Marriott's website and app.

Marriott International announced a year of robust room signings and additions across the Caribbean and Latin America in 2023. The Company nearly doubled its number of organic deal signings in the region versus the prior year.

Hyatt Hotels Corporation announced the opening of Hyatt House Tokyo Shibuya. They reached an agreement with Tokyu Land Corporation earlier in the month for the 126-room hotel which includes 18 suites.

Canada’s hotel industry showed lower occupancy but continued growth in ADR, according to CoStar’s January 2024 data.

Langham Hospitality Group has signed management agreements for three hotels on a single plot. The newly built properties are part of Xiamen Seaworld which is China Merchant Group’s mixed-use development that is perched on the western shore of Xiamen’s main island.