Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
United States
San Diego Could Welcome a 25-Story Hotel
J Street plans to convert Tower 180 in Downtown San Diego into a 560-key dual-branded Hyatt Place and Hyatt House hotel.
India International Visitor Spending Hits Record High
International tourism revenue in India soared to $36.8 billion in 2024, marking a 9% increase above pre-pandemic levels.
Marriott Opens Its First-Ever StudioRes Hotel
Marriott opened its first StudioRes hotel in Fort Myers, marking the company's entry into midscale extended stay lodging.
Hilton Signs Two Hotels at Delhi International Airport
Hilton announces partnership with Delhi International Airport Limited to open Waldorf Astoria and Hilton Hotels at GMR Aerocity.
Limited Bullishness at NYU Hotel Show
Hotel industry executives showed subdued optimism at NYU Conference amid macro uncertainty and flat transaction growth expectations.
Ascott Limited Expands Crest Collection Across East Asia and Middle East
The Crest Collection expands globally with new properties like Le Clef Bangkok and first Saudi Arabia location in 2028.
Hilton’s Luxury and Lifestyle Brands Open Their 1,000th Hotel
Hilton reached 1,000 luxury and lifestyle hotels globally with recent openings in Paris, Cape Town, Dallas, Osaka, and Costa Rica, planning 150-plus more in 2025.
First Hospitality Opens Up Investment Arm to Outside Capital
First Hospitality unveils $400 million fund to acquire premium hotels, opening decades-old investment division to outside investors.
U.S. Could Lose $12.5 Billion in International Visitor Spending This Year
WTTC research shows sharp drops in U.S. international visitors, with arrivals from Germany plunging 28% in concerning tourism trend.