Chicago Could Get a New Boutique Hotel
BofA Securities says the lodging sector beat Q1 earnings by about 5% on average, but high expectations muted investor reactions. Plus, more hotel deal and development news.
Fort Lauderdale
A Stellar Quarter for Most Hotels
A strong first quarter for most hotel groups. AHLA released its FIFA World Cup hotel outlook as Marriott, Hilton, and Wyndham report solid early bookings despite concerns. Plus, more hotel deal and development news.
Marriott's Huge Growth in the Caribbean and Latin America
Marriott achieved a record 94 signed deals in the region, an increase of 40% in signed transactions year-over-year. Plus, more hotel deal and development stories.
Sonesta Transitions 45 Hotels to NPA's Franchise Portfolio
Sonesta International said it had opened 45 hotels that expand the portfolio of private equity franchisee NPA. Plus, more hotel deal and development news.
Service Properties Trust Continues to Trim Hotel Portfolio
Service Properties Trust sold ten hotels with a total of 1,525 keys located for $71 million. Plus, other deal news.
Apollo Gives Highside $500 Million to Build Choice's Everhome Suites
Highside secured a $500 million financing package from affiliates of Apollo to expand Everhome Suites from Choice Hotels. Plus more hotel deal and development news.
Montreal Hotels Expect Growth Amid Drop in U.S. Visitors
Montreal's hotels continue to perform well, and other hotel deal and development news from Skift's Daily Lodging Report.
Hyatt Acquires Playa Hotels & Resorts
Hyatt Hotels Corporation announced the completed acquisition of Playa Hotels & Resorts, and more hotel development news.
Marriott Increases Its Dividend
Marriott, Hilton, Rosewood and other hotel groups announce property openings, renovations and investments worldwide.
Hotel Investors Have Reasons for Optimism
Today was good timing for those who released the avalanche of earnings because investors were in a good mood.