North America Marriott and Hilton Stocks Hit Record Highs Invel Real Estate secured a EUR 65 million UniCredit facility to expand its Yellow Square hybrid-hotel brand across Italian cities. Plus, more hotel deal and development news. Alan Woinski and Kim Woinski | 2 months ago
North America Hotels Face Profit Squeeze Despite Revenue Growth Hotel industry profit per room remains at 90% of 2019 levels despite rising guest spending, due to increased operating costs and wages. Alan Woinski and Kim Woinski | 4 months ago
North America Meliá Lands Contract to Manage Lionel Messi’s Hotel Brand The George at Columbia, Tapestry Collection by Hilton is now open in Harlem. Plus, news from Rosewood, Melia, and other hotel companies. Alan Woinski and Kim Woinski | 8 months ago
North America Limited Bullishness at NYU Hotel Show Hotel industry executives showed subdued optimism at NYU Conference amid macro uncertainty and flat transaction growth expectations. Alan Woinski and Kim Woinski | 1 year ago
North America Hawaii Set to Hike Hotel Tax Crestline Hotels & Resorts takes over management of the AC Hotel Seattle Downtown as lodging companies expand portfolios. Alan Woinski | 1 year ago
North America Marriott Reaches Deal to Buy CitizenM Marriott International acquires lifestyle brand citizenM for $355 million, adding 36 hotels with 8,544 rooms to its portfolio. Alan Woinski and Kim Woinski | 1 year ago
North America U.S. Hotel Occupancy for Mid-April Drops Multiple hotel companies announced property openings globally, including Peachtree Group receiving USCIS approval for a SpringHill Suites in Utah. Alan Woinski and Kim Woinski | 1 year ago
North America Lodging Stocks Rebound After President Trump Pulls Back on Tariffs Hotel industry sees major market gains as Trump reduces tariffs, while various properties announce openings, renovations, and rebranding. Alan Woinski and Kim Woinski | 1 year ago
North America Highgate Plans New Hotel Near Denver International Airport Highgate Hospitality Management is planning to build a new hotel on a 5.42-acre property in Denver, Colorado, near the airport. Alan Woinski and Kim Woinski | 1 year ago
North America Ashford Hospitality Trust Slashes Board Compensation Ashford Hospitality Trust cut board and management compensation in an attempt to save at least $14 million in EBITDA toward its $50 million goal. Alan Woinski and Kim Woinski | 1 year ago