New York City

Timeshare and Casino Earnings Spook Investors

Investors are concerned as Travel + Leisure Co. and Red Rock Resorts reported modest or solid earnings but saw stock declines, reflecting nervousness and a shoot-first-ask-later mentality on Wall Street.
North America

Marriott Expands Branded Residences Globally

Marriott International is expanding its Marriott Branded Residences globally, enhancing benefits for Residence Owners through the ONVIA platform and leveraging Marriott’s hospitality expertise to attract developers and buyers.
North America

U.S. Hotels Expect a Strong Next 12 Months

U.S. travel demand is robust across hotel segments, driven by higher-income leisure and business travelers, but lower-income travel is declining, and recovery varies by hotel type and market, with international travel lagging behind domestic recovery.
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

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.
North America

IHG Plans to Double Hotel Indigo Portfolio 

IHG Hotels & Resorts plans to double the Hotel Indigo portfolio within three to five years, adding new properties in diverse locations such as the Cayman Islands, Oman, Mexico, and more, with several openings scheduled throughout 2024.
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

Soho House Rejects Takeover Offer

Soho House dissolved its Independent Special Committee after rejecting an offer for strategic transactions, causing discontent among shareholders due to the stock’s low trading price.