Arizona

North America

U.S. Hotel Room Construction Sees Another Increase

The U.S. hotel industry is experiencing steady growth, with construction volumes rising for seven consecutive months, especially in upscale and luxury segments.

Alan Woinski and Kim Woinski | 1 month ago

North America

Takeaways From Hotel Earnings Season

Key events included DiamondRock Hospitality's upgrade, Hyatt and Apple Hospitality lowering guidance, and IHG reporting strong new room signings despite challenges in China.

Alan Woinski and Kim Woinski | 4 months ago

North America

Lodging Stocks Follow Rest of the Market Down

Financial markets plunged with major indices and lodging stocks down sharply, except for SHCO which rose 6%.

Alan Woinski and Kim Woinski | 4 months ago

North America

U.S. Hotel Pipeline Report for Q2 2024

The DJIA rose 99 points while Nasdaq surged 452, the S&P 500 rose 86 points and the 10-year treasury yield was down .03 to 4.11%. Lodging stocks were modestly higher, did much better due to the…

Alan Woinski and Kim Woinski | 4 months ago

North America

Wyndham and Accor Post Earnings Updates

Wyndham showed strong performance through expense containment and share repurchases, and Accor increased RevPAR, net unit growth, and EBITDA.

Alan Woinski and Kim Woinski | 4 months ago

North America

Wyndham’s New Extended Stay Brand Has First Grand Opening

ECHO Suites Extended Stay by Wyndham opened its first location in Spartanburg, South Carolina, marking a milestone for the brand with a development pipeline of nearly 270 hotels.

Alan Woinski and Kim Woinski | 5 months ago

North America

Ritz-Carlton Expands to Mexico’s Caribbean Coast

The Ritz-Carlton brand will make its debut on Mexico's Caribbean coast with The Ritz-Carlton Residences, Riviera Maya, featuring 127 residences, with sales and construction starting this year and the first phase debuting in 2026.

Alan Woinski and Kim Woinski | 6 months ago

North America

CBRE Expects 1% a Year Hotel Supply Growth Through 2027

In the shorter term, CBRE expects a 2% RevPAR growth in 2024, driven by international tourism and limited supply, despite a weaker first quarter and a reduced forecast from 3%.

Alan Woinski and Kim Woinski | 7 months ago

North America

JP Morgan States Its Q1 Hotel Performance Expectations

JP Morgan forecasts mixed 1Q24 results for the lodging sector, with slow RevPAR growth, strong net rooms growth, and moderating pipeline expansion, recommending selectiveness due to varied performance across companies.

Alan Woinski and Kim Woinski | 8 months ago

North America

Hilton Taking Over NoMad Brand

Hilton acquires a majority stake in Sydell Group to globally expand the NoMad Hotels brand, with plans for up to 100 properties and integration into Hilton's commercial platforms, while NoMad Las Vegas will rebrand, addressing Hilton's gap in the luxury market.

Alan Woinski and Kim Woinski | 8 months ago