Florida

North America

Hotel Transactions in the U.S. Are Projected to Increase

A report from last week's Lodging Conference points to a surge in hotel transactions due to maturing loans, growing construction, and renovation projects, despite labor challenges and softening RevPAR trends.

Alan Woinski and Kim Woinski | 2 months ago

North America

Skyline Investments Sells Courtyard Hotels Across the U.S.

Skyline Investments sold 11 Courtyard by Marriott hotels in the U.S. for $101 million, retaining ownership of three other Courtyard properties, which are up for sale.

Alan Woinski and Kim Woinski | 2 months ago

North America

Forecasting the Medium-Term Hurricane Impact on Hotels

Baird predicts short-term negative impacts on hotel revenues from recent hurricanes but expects a boost in the intermediate term due to FEMA, insurance, and clean-up crew spending, especially benefiting select service and extended-stay hotels

Alan Woinski and Kim Woinski | 2 months ago

North America

Choice Hotels Expands Upscale Portfolio

Choice Hotels expanded its upscale Cambria brand by introducing a conversion model that helped overcome financing challenges and spurred growth, with 74 properties now open and 62 more in development.

Alan Woinski and Kim Woinski | 2 months ago

North America

Choice Hotels Introduces Design Package for Hoteliers 

Choice Hotels International is expanding its portfolio of solutions for its extended-stay hotel conversions with the introduction of Lobby in a Box, a modular design package.

Alan Woinski and Kim Woinski | 2 months 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 | 2 months 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 | 3 months ago

North America

Hyatt Unveils Plans for Luxury and Lifestyle Expansion

Hyatt Hotels Corporation is expanding its luxury and lifestyle hotel portfolio with over 20 recent and planned openings across the U.S., Canada, Latin America, and the Caribbean through 2025.

Alan Woinski and Kim Woinski | 3 months ago

North America

Goldman Sachs Initiates Coverage with Buy Ratings on 3 Hotel Chains

Goldman Sachs is cautiously optimistic about the lodging sector, with Buy ratings on Hilton, Wyndham, and Marriott, while holding Neutral or Sell ratings on others, especially in the timeshare segment.

Alan Woinski and Kim Woinski | 3 months ago

North America

Wells Fargo Adjusts Ratings for Hotel REITs

Wells Fargo adjusted ratings and price targets for several hotel stocks, upgrading some while cutting price targets for others.

Alan Woinski and Kim Woinski | 3 months ago