Atlanta

North America

U.S. Hotel RevPAR Goes Up

STR reported U.S. lodging data for the week ending August 31, showing a 3.6% rise in RevPAR, with ADR up 1.6% and occupancy up 1.9%. Group RevPAR increased 7.2% on a 7.1% occupancy boost.

Alan Woinski and Kim Woinski | 2 weeks ago

North America

Truist Unveils Forecasts for Hotels

Truist reports slight downward revisions in U.S. hotel booking and pricing trends for 3Q and 4Q, with modest growth expected in 2025, but no signs of a sudden pullback or near-term upside for RevPAR.

Alan Woinski and Kim Woinski | 2 weeks ago

North America

Large Hotel Transactions Are on the Rise

JLL reports a significant rise in large hotel transactions, particularly in luxury markets, with 2024 seeing a 59% increase in single-asset deals over $200 million, totaling $4 billion.

Alan Woinski and Kim Woinski | 3 weeks ago

North America

U.S. Lodging Stocks Rise, But Canadian Hotel Occupancy Declines

The DJIA, Nasdaq, and S&P 500 rose on Friday, while Canada's hotel industry saw a slight decline in occupancy in July 2024 after three months of increases.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Club Med Rolls Out Developments Across its Portfolio

Club Med announced renovations at its Cancun and Punta Cana resorts and plans for a new luxury resort in Oman opening in 2028.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Hilton Beats Estimates

Hilton beat estimates and cut guidance, and seemed to have a report that was accepted more than Marriott ’s.  The company has raised their net room growth target for the year and it repurchased shares this quarter.

Alan Woinski and Kim Woinski | 1 month ago

North America

U.S. Hotel Construction Reaches 16-Month High

The U.S. hotel construction pipeline has reached a 16-month high with significant growth in midscale and economy segments, driven by newer brands and extended-stay projects.

Alan Woinski and Kim Woinski | 2 months ago

North America

Corporate Travel Managers Expect Spending to Increase

Deloitte's 2024 Corporate Travel Report indicates rising corporate travel spending driven by increased prices and trip frequency, with significant growth expected through live events and client-related travel, alongside efforts in cost mitigation and sustainability progress.

Alan Woinski and Kim Woinski | 2 months ago

North America

Hyatt Expands in New Orleans

Hyatt Hotels Corporation announced the addition of Maison Metier and The Barnett in New Orleans to their portfolio, both expected to join Hyatt's independent collections in 2024 under new branding and management by HRI Hospitality.

Alan Woinski and Kim Woinski | 3 months ago

North America

Choice Hotels Unveils Renovations for Radisson and Radisson Blu

Choice Hotels International is refreshing over 50 properties in its Radisson and Radisson Blu brands with contemporary designs and personalized service, featuring Scandinavian-inspired minimalist styles.

Alan Woinski and Kim Woinski | 3 months ago