Hotels Face Profit Squeeze Despite Revenue Growth
Hotel industry profit per room remains at 90% of 2019 levels despite rising guest spending, due to increased operating costs and wages.
Las Vegas
Service Properties Trust Sells 5 Hotels for $75.5 Million
Service Properties Trust sold five hotels for a combined sales price of $75.5 million. New World is selling the Rosewood London. And other hotel deal and development news.
Hyatt Expands With Park Hyatt and Alila Brands
Hyatt to open Miraval Red Sea in Q1 2026, expand Park Hyatt to five locations, and rebrand Andaz Mayakoba as Alila in Feb 2026. Plus, more hotel development news.
Waterford and Maverick Groups Merge
Waterford Hotel Group and Maverick Hotels & Restaurants have merged in a strategic partnership. Together, they have 50 hotels. Plus, more hotel development stories.
Host Hotels' Strong Third Quarter
Host Hotels delivered a great third quarter report, as did DiamondRock Hospitality. Plus, Sonder's collapse and more hotel deal and development news.
Bally’s Plans 3,000-Room Resort Around New Las Vegas Ballpark
Bally’s Las Vegas will be built in phases, eventually featuring 3,000 hotel rooms. Plus, more hotel deal and development news.
Honolulu Is Set to Welcome a 36-Story Hotel Tower
Hilton Hawaiian Village Waikiki Beach Resort's new 36-floor Ala Moana Boulevard Tower will add 515 rooms with construction starting next year. Plus more hotel deal and development news items.
U.S. Hotels Prep for a Possible Drop in Overseas Visitors
Hotels across the U.S. are preparing for a potential drop in international visitors as a new $250 visa integrity fee is set to take effect on October 1, 2025. Plus more hotel deal and development news items.
U.S. Hotels Face a Complex Landscape
Here's a roundup of hotel deal and development news and analysis for August 28th, 2025.
U.S. Hotel RevPAR Flat in the Second Quarter
HotelAVE, the asset manager, released its second quarter of 2025 Hospitality Earnings Summary. Plus, today's hotel deal and development news.