Wyndham

Asia-Pacific

Vietnamese Hotels Face Occupancy Woes 

Vietnam's hotel industry is struggling due to slow tourism recovery, oversupply, and poor planning, despite near pre-pandemic room rates and increased interest in lifestyle and focused service hotels.

Alan Woinski | 1 month ago

Asia-Pacific

Hyatt in Talks to Buy Standard International 

While The Standard International gets ready to open its first StandardX property, it's also in advanced stages as a takeover target by Hyatt.

Alan Woinski | 2 months ago

North America

CitizenM Pitches its Co-Working Benefits

CitizenM is expanding its membership program to offer co-working benefits, including inspiring spaces, premium amenities, and access to 34 global locations.

Alan Woinski and Kim Woinski | 2 months ago

Asia-Pacific

Fitch Upgrades Its APAC Outlook

Fitch Ratings revised its 2024 outlook for APAC lodging to improving from neutral due to robust recovery in travel and RevPAR in 1Q24, anticipating strong rebound in China's outbound tourism to support overall APAC hotel occupancy and growth.

Alan Woinski | 3 months ago

Asia-Pacific

Full Tourism Recovery in APAC Forecast for Early 2025

Fitch Ratings projects China outbound tourism to the Asia Pacific region will recover to 86% of pre-Covid levels in 2024, with full APAC tourism recovery expected by the first half of 2025.

Alan Woinski | 3 months ago

Asia-Pacific

Vietnam's Hotels Increasingly Face Financial Difficulties

Despite a rebound in tourism, many Vietnamese hotels face financial troubles and are being auctioned.

Alan Woinski | 3 months ago

North America

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.

Alan Woinski and Kim Woinski | 4 months ago

Asia-Pacific

Maldives Saw Resort Revenue Drop in 2023

The Maldivian tourism sector experienced a significant revenue decline last year, with resort revenue dropping by $529 million and total tourism revenue decreasing from $5.4 billion to $5 billion, attributed partly to a shift towards guesthouses over traditional resorts.

Alan Woinski | 5 months ago

North America

Lodging Stocks Rise on U.S. Fed Statement

The Fed Chief made it pretty clear there will be no interest rates lowered for some time and the markets seemed to like the certainty.

Alan Woinski and Kim Woinski | 6 months ago

North America

Hilton’s Loyalty/Glamping Move

Hilton announced a new exclusive partnership with AutoCamp to offer Hilton guests an experience that blends the spirit of an iconic outdoor adventure with the hospitality and design-forward thinking of a boutique hotel.

Alan Woinski and Kim Woinski | 7 months ago