CoStar expects demand growth to continue across all price points, with luxury outperforming and the high-end customer showing no pushback on higher ADRs. Plus, more hotel deal and development news.
JLL reported U.S. hotel deal volume grew 14.4% in Q1 to $5.6 billion, with private equity making up 34% of the buyer pool. Plus, more hotel deal and development news.
Orlando World Center Marriott completed a renovation of its Grand Ballroom spanning more than 36,000 square feet of event space. Plus, more hotel deal and development news.
IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.
Hilton's Q4 beat expectations with $757M in buybacks as the Mauna Kea Beach Hotel unveiled its $180M+ renovation in Hawaii Island. Plus, more hotel deal and development news.
CoStar forecasts 0.6% year-over-year growth in 2026. Choice Hotels announced the debut of a newly redesigned prototype for its Everhome Suites brand. Plus more hotel deal news.
New hotel openings include Hilton's Slackline Moab, Hyatt Place Bozeman and Sonesta's Dry Creek Inn; Shamin breaks ground on 270-room Virginia project.