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North America
Pebblebrook, Hilton and Travel + Leisure All Beat First-Quarter Estimates
During the hotel group’s earnings season, Hilton’s report stood out as the most impressive – despite showing slowing RevPAR growth – due to strong performance in Net Unit Growth and EBITDA flow through. -
North America
Wyndham Expands in the Extended-Stay Sector
WaterWalk, Wyndham’s 25th brandstands out from other hotel brands in that it lets owners sell a mix of rooms, with about 60% marketed as extended-stay hotel rooms and about 40% marketed as short-term rentals. -
North America
IHG’s New Prototypes for 3 Brands
IHG Hotels & Resorts unveiled new prototype options for Staybridge Suites, Candlewood Suites, and Atwell Suites, set to roll out by Q2 2024 and debut in properties as early as 2025. -
North America
Choice Hotels Tries Another Time With Wyndham
Choice Hotels issued a press release urging Wyndham stockholders to tender their shares before the March 8 deadline. We would characterize the press release as of begging WH shareholders to threaten they will pull the plug. -
North America
Host Hotels and Pebblebrook Report Earnings
The earnings season for hotel companies kicked into high gear with Host Hotels and Pebblebrook becoming the first REITs to show their hand. -
North America
Marriott’s Earnings Were Good but the Reactions Were Bad
The stock market being as ugly as NJ and NY weather this morning probably had a lot more to do with Marriott’s outsized decline than the actual earnings report. -
North America
Hilton’s New Partnership With Small Luxury Hotels of the World
Hilton and Small Luxury Hotels of the World announced an exclusive strategic partnership that will welcome Hilton guests to hundreds of independently minded luxury hotels in the most sought-after destinations around the world. -
North America
Melia Hotels Announces International Push
In 2024, the company’s expansion plans include an initial goal of opening more than twenty hotels and continuing to sign as many new projects. -
Asia-Pacific
$750 Million Expansion of Las Vegas Sands’ Marina Bay Sands in Singapore
Las Vegas Sands’ Marina Bay Sands in Singapore’s expansion plans received another increase. Marina Bay Sands said they launched the second phase of its significant reinvestment program. -
North America
Hilton Launches Hilton for Business
Hilton debuted Hilton for Business, a new, digital-forward travel program empowering professionals running small- and medium-sized businesses to simplify travel management while enhancing rewards and discounts for their loyalty.