Hawaii Set to Hike Hotel Tax
Crestline Hotels & Resorts takes over management of the AC Hotel Seattle Downtown as lodging companies expand portfolios.
South Carolina
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.
A Hotel in New York City Might Sell for $1 Billion
If Alexico Group wants to sell the Mark Hotel in New York City, it may have a significant offer awaiting. Plus other hotel development news.
Goldman Sachs Slashes Target Prices on Timeshare Companies
Marriott Vacations, Hilton Grand Vacations, and Travel + Leisure saw their target prices cut by Goldman Sachs. Plus other industry news.
Why Tariffs May Raise Some Costs for U.S. Hotels
Richie Karaburun, clinical associate professor at NYU, is worried. But the hospitality industry continues growth with new hotels, acquisitions, and expansions across the US and Europe despite tariff concerns.
Baird Projects Tariffs to Negatively Impact New Construction
If a "Trump Slump" materializes for a long stretch, analysts at Trust and Baird speculate about what it might mean for the hotel sector.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.
Deutsche Bank Reveals Possible Concerns for Hotels
Concerns over Trump 2.0's impact on the hotel industry are rising, with Deutsche Bank noting potential early signs of a RevPAR downturn.
Marriott’s Stronger Q4 Met With Weak Response
Marriott beat 4Q24 expectations, but its stock fell due to cautious guidance, softer NUG outlook, and lower share repurchases.
Peachtree Group Has 48 Properties in Development
Peachtree Group has surpassed $2 billion in hotel development across 48 nationwide projects, including new builds in Alabama, Dallas, and multiple Qualified Opportunity Zone developments.