Montana

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 | 1 month ago

North America

Hotel Worker Strikes Resume in Boston

About 400 workers at four Boston hotels began a three-day strike on Thursday. They're seeking higher wages and staffing levels.

Alan Woinski and Kim Woinski | 2 months ago

North America

Aman Has a Global Wellness Advisor

Top-end brand Aman has a new global wellness ambassador, and they don't settle for second rate. Meet tennis superstar Novak Djokovic.

Alan Woinski and Kim Woinski | 3 months ago

North America

U.S. Lodging Stocks Rise, But Canadian Hotel Occupancy Declines

The DJIA, Nasdaq, and S&P 500 rose on Friday, while Canada's hotel industry saw a slight decline in occupancy in July 2024 after three months of increases.

Alan Woinski and Kim Woinski | 3 months ago

North America

Park Hotels Beats First-Quarter Estimates 

Park Hotels exceeded adjusted EBITDA and AFFO estimates and raised their financial guidance, citing optimism in their group and leisure outlook, likely due to recently renovated properties.

Alan Woinski and Kim Woinski | 7 months ago

North America

Hilton’s Loyalty/Glamping Move

Hilton announced a new exclusive partnership with AutoCamp to offer Hilton guests an experience that blends the spirit of an iconic outdoor adventure with the hospitality and design-forward thinking of a boutique hotel.

Alan Woinski and Kim Woinski | 9 months ago

North America

Four Seasons Hotel and Condos Coming to Telluride

STR reported US lodging data for the week ended December 30. RevPAR was down -9.7% led by a -7.1% decline in occupancy. Speculators are questioning whether everyone is thinking the Fed is going to cut interest rates more than they really will. Real estate developers  Fort Partners and Merrimac Ventures  are building a  Four Seasons  hotel and condo resort in  Telluride, Colorado .

Alan Woinski and Kim Woinski | 11 months ago

North America

Bay Area Gets Closer to Welcoming a Margaritaville

The Baird/STR Hotel Stock Index dropped by -2.4% in October, marking the third consecutive monthly decline. Wells Fargo adjusts price targets for Apple Hospitality and Ryman Hospitality, maintaining Overweight ratings. Trump Hotels and Irongate reach a buyout agreement for Trump International Hotel, Waikiki, transitioning to Hilton's LXR Hotels & Resorts in 2024.

Alan Woinski and Kim Woinski | 1 year ago

North America

Marriott Lays Out Three-Year Growth Plans

STR reported a week ending September 23rd with a 1.2% increase in US hotel RevPAR and a 1.8% rise in Group RevPAR. Barclays lowered price targets for Travel + Leisure to $38 and Marriott Vacations to $118 while maintaining their respective ratings. Marriott International revealed a three-year growth plan, targeting the addition of 230,000 to 270,000 net rooms by 2025 and emphasizing global portfolio expansion and RevPAR growth.

Alan Woinski and Kim Woinski | 1 year ago

North America

Hilton to Create Largest EV Charging Network in Hospitality Sector

Deutsche Bank initiated coverage on Hilton Grand Vacations with a Buy rating and a $59 price target, citing compelling stock levels. Hyatt CEO Mark Hoplamazian observed a return to offices in big cities, indicating potential growth in business transient travel. Hilton plans to install up to 20,000 Tesla Universal Wall Connectors at 2,000 hotels in North America, creating the largest EV charging network in the hospitality industry.

Alan Woinski and Kim Woinski | 1 year ago