IHG Hotels & Resorts has surpassed one million open rooms across the globe, and reported earnings. Hyatt and Apple Hospitality also reported earnings. Accor might run an IPO for Ennismore. And other news.
The travel & tourism sector witnessed a notable decline in deal activity in the first half of 2025, down 8% year over year. Plus, hotel deal and development news.
Scandic Hotels will manage Dalata's hotels in the UK and Ireland, expanding the group outside of Scandinavia. And more hotel deal and development news.
Overseas visitor volume to the U.S. in April was up modestly year-over-year. Plus, LVMH sells its only U.S. hotel, and a lot of other hotel development news.