The Latest
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Hotel CEOs predict impact of election cycle on Q4 financials
During recent earnings calls, leaders from Marriott, Hilton, Hyatt, Choice Hotels and Wyndham shared how this year's “not typical” Harris vs. Trump election season could impact Q4 revenues.
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Strike ends at Hawaii’s largest hotel
Nearly 2,000 union workers ratified a new contract with wage increases at Hilton Hawaiian Village in Honolulu, following similar contract agreements in Massachusetts and California.
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Wynn’s Las Vegas operating revenues down, despite ‘healthy’ luxury demand
Demand from high-end consumers in Las Vegas drove solid non-gaming performance in the third quarter, which had “very tough year-over-year comps,” per CEO Craig Billings.
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Oklahoma’s $2.5B Disney-sized theme park reportedly fails to launch
The opening of the American Heartland development in Vinita has been pushed back and two firms have filed liens against the developers.
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Choice Hotels pipeline reaches record high in Q3
The company’s system size also grew year over year in the quarter, driven by conversions and upscale openings for its Radisson Americas portfolio.
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Business, group travel boost Marriott’s US RevPAR growth
CEO Anthony Capuano said big corporate spenders are back and the appetite for group meetings is “really encouraging.”
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‘Victory’ or ‘disappointment’? Hospitality industry reacts to Safe Hotels Act passage
Some hospitality professionals believe the NYC licensing bill will benefit the city’s hotels, while others say it will cause “irreparable harm” to workers’ livelihoods and the local economy.
Updated Nov. 5, 2024 -
Hotel labor disputes resolve in Boston, San Jose
Union workers in the two cities reached agreements with hotel employers to raise wages, but striking workers in San Francisco were arrested at a protest.
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Top hospitality industry takeaways from 2024’s Lodging Conference
At the annual event in Phoenix, hotel industry leaders shared the opportunities and challenges facing the sector and forecasted what will drive hospitality growth in 2025.
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AHLA names Rosanna Maietta president and CEO
The public affairs and communications executive, who takes over for Interim President and CEO Kevin Carey, previously helmed the AHLA Foundation.
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Hyatt’s asset dispositions drive growth in Q3
The company also added 22 lifestyle hotels through its acquisition of Standard International, a deal that aligns with Hyatt’s asset-light strategy.
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Hotel Tech-in: The massage robots joining luxury hotel spas
Aescape is making massages more accessible, and scheduling more flexible, for wellness-minded travelers — even in properties with fully staffed spas.
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Sports tourism big opportunity for Las Vegas growth: MGM CEO
In the third quarter of 2024, MGM Resorts saw a revenue boost and record ADRs in the Vegas market, which Bill Hornbuckle calls a “major player in the sporting world.”
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W South Beach sells for $400M
Reuben Brothers’ acquisition of the Miami property from sellers Tricap and RFR comes amid heightened investor appetite for luxury hotels in urban markets.
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Despite Q3 declines, Caesars optimistic about Las Vegas group business
The operator also expects its recently opened $435 million New Orleans resort to drive results for its regional segment, according to CEO Tom Reeg.
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Wyndham debuts US residences in latest upscale extended stay play
Through a new tie-up with Reside, Wyndham adds five apartment-style hotels, joining competitors growing in the upper-tier extended stay category.
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US hotel construction project pipeline hits all-time high in Q3
Upper midscale continued to have the highest project count in the U.S. hotel pipeline, according to Lodging Econometrics.
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Deep Dive
Beyond school colors: How college-town hotel amenities draw guests
As guest preferences change and higher education edges into an uncertain future, campus-adjacent hotels are getting creative to attract students, families and fans.
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IHG expands Atwell Suites brand with 3 openings
The Missouri, Nevada and Texas hotels fortify the upper midscale all-suites brand’s presence in “dynamic travel hubs” for business and leisure travelers.
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Opinion
How to harness data to create personalized hotel stays
Data-driven insights can help hotels anticipate guests' needs to create unique and memorable stays.
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Q&A
How Orlando’s Evermore combined luxury hotel rooms and short-term rentals into one destination resort
Demand for the Florida resort has exceeded the expectations of owner-operator Dart Interests, which hopes to expand the concept to new markets, according to EVP Stewart Brown.
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Pipeline generation a high point for Wyndham in Q3 2024
In the U.S., the hotel company awarded 10% more franchise contracts in the third quarter compared to the prior-year period, with extended stay demand leading the way.
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Safe Hotels Act passed by New York City Council
The controversial legislation — condemned by national hotel owners associations, but applauded by local unions — requires hotels to have a license to operate in NYC.
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Q&A
What’s the future of extended stay? Choice Hotels leader weighs in
As Choice opens its 500th extended stay property, VP Matt McElhare shares what markets and segments are poised for future growth and how leveraging technology will set brands apart.
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Labor disputes contribute to Hilton’s slower-than-expected RevPAR growth in Q3
The company also opened a record 531 hotels in the quarter, most of which were conversions.