Los Cabos

North America

Grand Hyatt Is Having a Global Moment

Grand Hyatt is rapidly expanding and enhancing its global portfolio, with over 10 new hotels opening by 2027 and extensive renovations across existing properties to meet the evolving needs of luxury travelers.
North America

Service Properties Trust Shares Plunge

Service Properties Trust is reducing its dividend, selling 114 hotels to repay debt and save on capital expenditures, and will continue owning 34% of Sonesta while selling other properties.
North America

Marriott Drops Sonder a Lifeline

Marriott International has entered a long-term licensing agreement with Sonder Holdings to add over 9,000 rooms to its portfolio under a new "Sonder by Marriott Bonvoy" collection, contributing to a projected 2024 net room growth of 6-6.5%.
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.
North America

Corinthia Hotels Debuts in New York City

The Surrey, A Corinthia Hotel's New York City opening marks Corinthia's North American debut with luxury accommodations, exclusive dining, and private residences.
North America

Dolly Parton Confirms Plans for Nashville Hotel

Dolly Parton has announced plans for a downtown Nashville hotel called Songteller Hotel, along with a museum showcasing her fashion and career artifacts.
North America

Wyndham Deal Expands its All-Inclusive Options

Wyndham Hotels and Decameron have formed an alliance to expand all-inclusive offerings with nine new resorts in Mexico, Panama, and Jamaica, with some joining the Trademark Collection and others joining the Ramada brand.
North America

Canadian Business Travel to Boom in 2024

Canadian business travel is expected to grow robustly in 2024, outpacing global and U.S. rates, with increased spending and trip frequency despite financial challenges.
North America

Lodging Stocks Rise on U.S. Fed Statement

The Fed Chief made it pretty clear there will be no interest rates lowered for some time and the markets seemed to like the certainty.