Latest News

North America

Hyatt Expands Select Service Pipeline in Americas

Hyatt Hotels is expanding its select service pipeline by 25% in the Americas, with significant global growth of its Caption by Hyatt and Hyatt Studios brands, while also upgrading its Hyatt House and Hyatt Place brands for better efficiency and guest experience.
Alan Woinski | 1 day ago
North America

CBRE: Hotel Performances Vary Worldwide

CBRE’s 2024 Global Hotels Midyear Outlook highlights modest RevPAR growth in the U.S., strong resilience in Northern Latin America, slower growth in Europe with luxury outperforming, rising occupancy in the Middle East, and increased air travel boosting Asia Pacific markets.
Alan Woinski and Kim Woinski | 4 days ago
North America

Marriott Re-imagines the W Hollywood

W Hollywood, reimagined by Marriott International, Trinity Investments, and Oaktree Capital, now offers redesigned amenities including 319 rooms, dining options, a rooftop venue, a revamped gym, and extensive event spaces.
Alan Woinski and Kim Woinski | 5 days ago
A light filled cafe with light woods and ceiling lamps.
Asia-Pacific

Hyatt’s Standard Acquisition Adds Properties in Bangkok and Singapore

Hyatt Hotels Corporation has acquired Standard International's brands, expanding its asset-light portfolio in Asia with upcoming properties such as The Standard, Singapore, and The StandardX in Bangkok Phra Arthit, along with Standard Residences under development in Phuket and Hua Hin.
Alan Woinski | 6 days ago
North America

Global Tourism Numbers in First 7 Months Beat 2023, Approach 2019

International tourism in the first seven months of 2024 grew by 11% compared to 2023, nearing 2019 levels, with all regions showing strong recovery, led by the Middle East, and many countries exceeding pre-pandemic arrival numbers and receipts.
Alan Woinski and Kim Woinski | 6 days ago
Asia-Pacific

Macau Expects Fewer Visitors for China’s Golden Week

China's Golden Week started with 96,671 visitors to Macau on Monday, and despite last year's high numbers, the tourism office predicts a lower daily average of 100,000 arrivals from October 1-7.
Alan Woinski | 7 days ago
North America

Hotel Rates in Top U.S. Markets Outpace Inflation

Hotel rates in the top U.S. markets have risen significantly, with higher-end hotels raising prices the most, affecting travelers' choices on destinations and trip duration.
Alan Woinski and Kim Woinski | 1 week ago
Asia-Pacific

India Leads Asia Pacific Hotel Growth

India is poised to lead Asia Pacific's hotel market in 2024, with record-breaking hotel investments and signings, particularly in Tier-2 cities.
Alan Woinski | 1 week ago
North America

Ashford Hospitality Trust Announces Reverse Stock Split

AHT revealed they were notified by the NY Stock Exchange for failing to meet the minimum $1 bid price requirement and will implement a 1-for-10 reverse stock split to regain compliance.
Alan Woinski and Kim Woinski | 1 week ago
North America

Regent Hotels Returns to the U.S.

The Regent Santa Monica Beach opened on October 1 as Regent's first U.S. hotel since IHG's 2018 acquisition, following a $150 million renovation.
Alan Woinski and Kim Woinski | 2 weeks ago