Palm Springs

North America

Hyatt Expands Select Service Pipeline in Americas

Hyatt Hotels is expanding its select service pipeline by 25% in the Americas, with significant global growth of its Caption by Hyatt and Hyatt Studios brands, while also upgrading its Hyatt House and Hyatt Place brands for better efficiency and guest experience.
Alan Woinski | 2 months ago
North America

Global Tourism Numbers in First 7 Months Beat 2023, Approach 2019

International tourism in the first seven months of 2024 grew by 11% compared to 2023, nearing 2019 levels, with all regions showing strong recovery, led by the Middle East, and many countries exceeding pre-pandemic arrival numbers and receipts.
Alan Woinski and Kim Woinski | 2 months ago
North America

Hyatt Unveils Plans for Luxury and Lifestyle Expansion

Hyatt Hotels Corporation is expanding its luxury and lifestyle hotel portfolio with over 20 recent and planned openings across the U.S., Canada, Latin America, and the Caribbean through 2025.
Alan Woinski and Kim Woinski | 2 months ago
North America

Jefferies Reports Lodging Stocks Show Improvement

Jefferies notes that lodging stocks tied to moderate to lower-end brands are outperforming due to economic stability, while higher-end brands are underperforming amid slower leisure travel and delayed interest rate cuts.
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

Takeaways From Hotel Earnings Season

Key events included DiamondRock Hospitality's upgrade, Hyatt and Apple Hospitality lowering guidance, and IHG reporting strong new room signings despite challenges in China.
Alan Woinski and Kim Woinski | 4 months ago
North America

U.S. Hotels See Best Rates and Occupancy Since 2019

The DJIA ended Friday with a gain of 395 points, while NASDAQ was up 255, the S&P 500 rose 59 points and the 10-year treasury yield ticked up a little to 4.15%. Lodging stocks were mostly…
Alan Woinski and Kim Woinski | 10 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

Sonder Announces Reverse Split, Hopes to Stay on Nasdaq

Sonder Holdings announces a 1 for 20 reverse split to maintain its Nasdaq listing, with Selina also considering a reverse split. STR reports US hotel data with a slight increase in US hotel RevPAR but a decrease in Group RevPAR for the week ending 9/16. Various hotel acquisitions and developments are underway, including Omni Hotels & Resorts in Raleigh, Travel + Leisure Co.'s sports-themed resorts, Life House in Palm Springs, and more.
Alan Woinski and Kim Woinski | 1 year ago