Houston

North America

U.S. Hotel Industry Reports a Largely Flat July Performance

In July 2024, the U.S. hotel industry saw flat year-over-year performance, with Oahu Island leading in key metrics, while Phoenix and New Orleans had the lowest occupancy rates.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Blackstone and AAHOA Invest in M3 Hotel Software

M3, LLC has secured a majority investment from Blackstone Growth, with AAHOA also investing, to accelerate its growth and expand its hotel management software.

Alan Woinski and Kim Woinski | 1 month ago

North America

Hyatt Regency Orlando Could be Sold for $1 Billion

Hyatt is set to sell the Hyatt Regency Orlando for approximately $1.02 billion to Ares and RIDA Development, with Hyatt retaining a preferred equity interest and a 30-year management agreement.

Alan Woinski and Kim Woinski | 1 month ago

North America

Los Angeles' Trio of Grafitti'd Hotel and Condo Towers Gets a Bidder

A stalking-horse buyer has offered $500 million for the abandoned Oceanwide Plaza in Downtown Los Angeles, which includes a partially built Park Hyatt hotel.

Alan Woinski and Kim Woinski | 2 months ago

North America

Hilton Beefs Up Its Luxury Portfolio

Hilton is dramatically expanding its portfolio of luxury hotel experiences with the addition of nearly 400 boutique properties from the Small Luxury Hotels of the World collection.

Alan Woinski and Kim Woinski | 2 months ago

North America

Aimbridge Sues Avion Hospitality For Interfering in Contracts

Aimbridge Hospitality sued Avion Hospitality and its CEO, Robert Burg, for allegedly using confidential information to interfere with its management contracts, resulting in tens of millions in lost revenue.

Alan Woinski and Kim Woinski | 3 months ago

North America

State of Global Tourism, According to the UN

International tourism nearly reached pre-pandemic levels in early 2024, with notable growth in the Middle East, Europe, and Africa, and a full recovery projected for the year.

Alan Woinski and Kim Woinski | 4 months ago

North America

Las Vegas' Mirage Hotel and Casino to Close

Hard Rock International will cease operations of The Mirage Hotel & Casino to begin transforming the venue into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. The new resort will feature a guitar-shaped hotel nearly 700 feet in height.

Alan Woinski and Kim Woinski | 4 months ago

North America

U.S. Shows Increase in Hotel Pipeline Activity

The Americas is the only region to show an increase in hotel construction and development activity in the first quarter of 2024, contrasting with declines or slower growth in Europe, Asia Pacific, and the Middle East and Africa.

Alan Woinski and Kim Woinski | 5 months ago

North America

Choice Hotels Addresses Failed Wyndham Merger

Choice Hotels commented on their Wyndham hostile takeover implosion and said it was challenged by a ‘difficult’ administration and a regulatory body that Choice said was ignorant of hotel industry pricing structures, among other reasons.

Alan Woinski and Kim Woinski | 6 months ago