Corporate/Finance
-
The image by Choice Hotels International, Inc. is licensed under CC BY-SA 4.0
Noble Investment Group acquires 16 WoodSpring Suites hotels
The Atlanta-based real estate firm is no stranger to the Choice Hotels brand, having previously snapped up a multiproperty portfolio of its extended stay hotels in 2023.
By Noelle Mateer • May 30, 2025 -
Hyatt launches upscale collection brand Unscripted by Hyatt
Part of Hyatt’s Essentials portfolio, the new launch is intended to bolster rooms growth for Hyatt, which is in talks with 40 hotels globally to join the flag.
By Jenna Graber • May 30, 2025 -
Former Vail Resorts CEO returns after skier dip, guidance downgrade
Rob Katz succeeds Kirsten Lynch, who stepped down after the 2024-2025 ski season, which saw fewer-than-expected lift ticket guests.
By Jenna Graber • May 29, 2025 -
Park Hotels & Resorts sells Hyatt Centric Fisherman’s Wharf for $80M
The 316-room property was sold to an undisclosed buyer as part of Park’s strategy to offload “non-core” hotel assets.
By Noelle Mateer • May 28, 2025 -
Marriott launches collection brand in bid to boost global presence
Series by Marriott will bring regional independent brands in the midscale and upscale segments under the Marriott system, including in the U.S., where owner talks are underway.
By Jenna Graber • May 22, 2025 -
Wyndham lures loyalty members with entertainment, sports — and Applebee’s
In its latest loyalty play, the hotel company inked a partnership with the restaurant chain and unveiled new Wyndham Rewards perks centered on concerts and sporting events.
By Jenna Graber • May 22, 2025 -
Top meetings hotels and destinations in North America: Cvent
Three Nashville, Tennessee, hotels led other U.S. properties in the category, while Orlando, Florida, was named the overall best market for meetings in the tech provider’s annual ranking.
By Jenna Graber • May 21, 2025 -
Retrieved from Marriott International.
JW Marriott Phoenix Desert Ridge sells for $865M
Ryman Hospitality Properties has entered into a definitive agreement with seller Trinity Investments to acquire what the companies claim is the largest resort in the metro area.
By Jenna Graber • May 20, 2025 -
First Hospitality opens up investment arm, targets $400M for hotel acquisitions
The firm launched First Investors GP Fund, a dedicated hotel real estate investment platform that will target six to 10 hotels in growth markets.
By Noelle Mateer • May 19, 2025 -
Hotels’ Q1 earnings: Tariff fears, RevPAR downgrades and more
Most hotel players saw increased RevPAR in the quarter, but outlooks for the remainder of the year are hazy amid ongoing economic uncertainty.
By Jenna Graber • May 19, 2025 -
Remington Hospitality names Ben Perelmuter CEO
The 30-year hospitality industry veteran will take over the hotel management company in early June, succeeding Sloan Dean.
By Jenna Graber • May 16, 2025 -
Q&A
Why Marriott sees a ‘real opportunity’ with City Express midscale brand
Global Development Officer, U.S. and Canada, Noah Silverman shares how Marriott is capitalizing on evolving franchisee demand with City Express, its first U.S. transient midscale offering.
By Jenna Graber • May 15, 2025 -
US RevPAR hit Q1 record, though economic outlook more cautious: JLL
Robust ADRs fueled the highest-ever year-to-date RevPAR in March, though occupancy slipped in the quarter.
By Noelle Mateer • May 14, 2025 -
MGM Resorts appoints president of entertainment
Ryan Abboushi will lead the company’s entertainment division, building “scalable, branded entertainment and content experiences” across destinations including Las Vegas.
By Jenna Graber • May 14, 2025 -
Tariff troubles? Hotel CEOs talk trade policy’s impact on industry.
During Q1 earnings calls, CEOs from Marriott, Hilton, Hyatt and more shared concerns over weakening travel demand amid ongoing market volatility.
By Jenna Graber • May 13, 2025 -
Extended stay a beacon for Choice Hotels amid economic uncertainty
While Choice downgraded its 2025 RevPAR guidance, the company’s well-performing extended stay portfolio shows promise, per CEO Patrick Pacious.
By Jenna Graber • May 8, 2025 -
Opinion
How LA hoteliers can prepare for the global stage amid a complex operating environment
Hotel employers, labor unions, city officials and industry associations will need to work together to ensure Los Angeles offers a world-class experience to visitors, writes attorney Lara Shortz.
By Lara Shortz • May 8, 2025 -
US growth bolsters IHG’s Q1 RevPAR, despite volatility
Long-term structural growth drivers “remain unaltered,” CEO Elie Maalouf said, even as economic indicators soften.
By Noelle Mateer • May 8, 2025 -
Wynn Resorts halts $375M in CapEx, citing tariffs
The resort operator delayed its Encore Tower remodel amid ongoing economic uncertainty, but CEO Craig Billings says other areas of the business have not been impacted.
By Jenna Graber • May 7, 2025 -
Hotel Equities, Springboard Hospitality merge
The combination creates a 300-plus hotel portfolio spanning urban, resort and outdoor destinations in the U.S., Canada, the Caribbean and Latin America.
By Noelle Mateer • May 7, 2025 -
Marriott touts development bright spot as it lowers 2025 RevPAR guidance
Ongoing economic uncertainty led Marriott to downgrade its full-year RevPAR growth expectations, but CEO Anthony Capuano says owners are bullish on long-term hotel opportunities.
By Jenna Graber • May 6, 2025 -
Hotel RevPAR strong in Q1 despite economic fears: CBRE
RevPAR grew 2.2% year on year in the first quarter, though hotel CEOs are bracing for potential headwinds.
By Noelle Mateer • May 2, 2025 -
Hyatt forecasts slower RevPAR growth as booking behavior shifts
Softening leisure demand led Hyatt to downgrade its 2025 RevPAR growth outlook, though development momentum remains strong, per CEO Mark Hoplamazian.
By Jenna Graber • May 1, 2025 -
MGM CEO optimistic despite Q1 tourist, revenue dips in Las Vegas
The resort operator saw declined performance fundamentals year over year on tough comparisons to last year’s Vegas Super Bowl, but its Marriott collab continues to exceed expectations.
By Jenna Graber • May 1, 2025 -
Wyndham lowers 2025 RevPAR expectations amid dampened consumer sentiment
The company’s U.S. RevPAR growth was below the low end of its guidance for Q1, though CEO Geoff Ballotti touted Wyndham’s track record in previous economic downturns.
By Noelle Mateer • May 1, 2025