Truist Raises U.S. Hotel RevPAR Forecasts
Truist raised its already industry-high forecasts for mid and upper-end U.S. hotel RevPAR growth. A voco opened in California. Plus, more hotel deal and development news.
Issues
Marriott Plans 4 Hotel Openings in Vietnam
Marriott International plans to open four new hotels in Vietnam in 2026 and expects to open more than 50 additional projects. Plus, more hotel deal and development news from APAC.
Marriott Sells a 1,073-Key Westin in Atlanta
Portman acquired the Westin Peachtree Plaza from Marriott and plans a renovation before the 2028 Super Bowl in Atlanta. Plus, more hotel deal and development news.
JLL Brokers Sale of Houston Lifestyle Hotel
JLL brokers a hotel sale. Analysts debate whether Choice Hotels CEO Patrick Pacious was pushed out, as Airbnb adds boutique hotels to its platform. Plus, more hotel deal and development news.
India Saw $185 Million in Hotel Investment in the First Quarter
JLL said investments in India's hotel sector increased 58% year-over-year to US$185 million in the first quarter of 2026. Plus, more hotel deal and development news from APAC.
Marriott Plans to Bring the Edition Brand to Chicago
Marriott may bring the Edition to the former John Hancock building. Deloitte says only 45% of Americans plan a summer vacation with paid lodging, the lowest in six years. Plus, more hotel development news.
Megaworld Plans 6 New Hotels Across the Philippines
Singapore visitor arrivals fall, Queensland's Olympic hotel pipeline lags, and major expansions are announced by Megaworld (Philippines), IHG, and Lemon Tree (India).
New York City Hotel Housekeepers Win Contract Worth $100,000 a Year
New York City hotels agreed to an eight-year contract that will pay housekeepers $100,000 a year, eventually. Plus, hotel deal and development news.
Thai Hotels Expect Weaker Foreign Demand
More than 62% of Thai operators surveyed expect long-haul guests to decline by more than 10% in Q2 2026. Plus, more hotel deal and development news from APAC.
Wyndham CEO Geoff Ballotti Discloses Cancer Diagnosis
Wyndham's CEO will continue to work while getting treatment for cancer. Corvex Management demands Whitbread sell Premier Inn. Plus, more hotel news.
IHG to Bring Kimpton Brand to India
IHG and Adani Airport Holdings sign a portfolio agreement to develop five hotels in India, including the country's first Kimpton in Jaipur. Plus, more hotel deal and development news from APAC.
Loews Signs Deal for 500-Room Convention Center Hotel in Pittsburgh
Loews will build a 500-room hotel at Pittsburgh's convention center as part of a $418 million project with state funding. Plus, more hotel deal and development news.