Why Hilton might consider acquiring Graduate Hotels

Hospitality industry experts say brand acquisitions are an increasingly popular way for hotel companies to gain scale and boost customer loyalty.

By Noelle Mateer • Feb. 7, 2024

Aimbridge Hospitality restructures to streamline US operations

The hotel management company will create a dedicated owner relations team and two focused operating divisions led by company executives.

By Jenna Walters • Feb. 7, 2024

Hilton considering purchase of Graduate Hotels brand: Bloomberg

Sources told Bloomberg the potential deal would not involve Hilton taking on Graduate Hotels’ real estate, which currently spans 37 properties in the U.S. and U.K.

By Noelle Mateer • Feb. 6, 2024

Auberge Resorts Collection gets ‘significant capital’ investment to fuel global expansion

Merchant bank BDT & MSD's minority stake will further grow the luxury brand portfolio in “gateway urban markets and high-profile experiential destinations.”

By Jenna Walters • Feb. 5, 2024

Choice Hotels-Wyndham merger: Everything we know so far

Sources familiar with the matter likened the initial negotiations to being held at gunpoint. Experts say pressure from online travel agencies and a desire for scale may be behind Choice’s moves.

By Jenna Walters • Jan. 31, 2024

Urban markets, sustainable tourism to drive global hotel investment in 2024: JLL

Global hotel investment will accelerate this year, exceeding 2023’s volume by from 15% to 25%.

By Noelle Mateer • Jan. 29, 2024

Choice Hotels names Wyndham board nominees in ‘brazen’ move

Choice claims the elected board members would “act in shareholders’ best interests.” But Wyndham slammed the move as “dubious,” again pleading to shareholders to not tender their shares.

By Jenna Walters • Jan. 22, 2024

IHG taps Leanne Harwood to lead Americas luxury and lifestyle portfolio

The hospitality industry veteran is tasked with driving performance and operations as IHG continues to grow its six luxury and lifestyle brands.

By Noelle Mateer • Jan. 18, 2024

Hilton Grand Vacations completes $1.5B acquisition of Bluegreen Vacations

The all-cash deal adds 14 new markets to Hilton Grand Vacations’ portfolio.

By Noelle Mateer • Jan. 17, 2024

Hot hotel markets to watch in 2024

Atlanta, Dallas, New York City and Miami are hotel markets worth watching. Here’s why.   

By Noelle Mateer • Jan. 8, 2024

Hyatt Chairman Thomas Pritzker accused in Epstein documents

Jeffrey Epstein victim Virginia Giuffre said she had sex with the hotel company heir in a 2016 deposition.

By Noelle Mateer • Jan. 5, 2024

Hard Rock names new senior vice president of hotel operations

Thirty-year industry veteran John Rees will oversee operations across the company’s 37-property hotel portfolio.

By Jenna Walters • Jan. 4, 2024

Women remain underrepresented in hospitality leadership positions: JLL

A survey of the top 10 hotel companies in Europe found that the male-to-female split was 70/30.

By Michele Laufik • Dec. 22, 2023

Wyndham’s plea to shareholders: don’t tender shares

In its latest bid rejection, Wyndham’s board of directors maintained that a merger with Choice Hotels is not in stakeholders’ best interest.

By Jenna Walters • Dec. 18, 2023

Choice Hotels makes latest ‘unsolicited’ bid to acquire Wyndham

Choice made an exchange offer to buy its peer Tuesday, a proposal Wyndham said “appears unchanged” to its previous bid.

By Jenna Walters • Dec. 12, 2023

Hyatt’s global president of operations exits

Chuck Floyd will retire in 2024, following 40 years of management and leadership work at the hotel company.

By Jenna Walters • Dec. 5, 2023

MGM Resorts CFO expects insurance to cover cyberattack costs

The Las Vegas-based casino and resort operator has pegged the costs of the September cyberattack that temporarily crippled operations at about $100 million.

By Suman Bhattacharyya • Dec. 1, 2023

KSL Capital Partners, Hersha Hospitality Trust make merger official

Through the $1.4 billion deal, KSL acquires Hersha’s portfolio of luxury lifestyle hotels, expanding its reach in the growing segment.

By Jenna Walters • Nov. 30, 2023

Choice Hotels to nominate directors to Wyndham board: Reuters

In its latest move to buy out its peer, Choice is attempting to skirt Wyndham’s current leadership, which has repeatedly rejected its acquisition bid, by adding its own presence to the company’s board.

By Jenna Walters • Nov. 28, 2023

Wyndham calls latest Choice Hotels offer a ‘step backwards’

Wyndham claims Choice is ignoring its concerns and continuing to undervalue the company, all while exploiting uncertainty around the deal.

By Noelle Mateer • Nov. 21, 2023

MCR, Island Capital refinance Times Square Sheraton amid NYC rebound

The $260 million financing signals improvement in New York’s capital markets, and growth in the city’s hotel sector is expected to continue, according to JLL Hotels & Hospitality.

By Jenna Walters • Nov. 16, 2023

Hospitality industry trends that drove Q3 performance growth

While Hilton, Marriott and Hyatt posted record pipeline growth in Q3, Choice focused on its public bid to buy Wyndham. And in Las Vegas, resorts highlighted ongoing labor woes.

By Jenna Walters • Nov. 14, 2023

Aimbridge Hospitality CEO to step down

Michael Deitemeyer, as well as the hospitality management company's CFO, will step down before year-end, and the search to fill their positions is underway.

By Jenna Walters • Nov. 14, 2023

Wynn Resorts expects all-time revenue record from F1’s Grand Prix

Wynn posted significant performance gains in the third quarter, which CEO Craig Billings attributed to "frenetic" activity at Wynn Las Vegas.

By Jenna Walters • Nov. 10, 2023

MGM Resorts’ Vegas properties take revenue hit in wake of cybersecurity attack

A social engineering attack on MGM in September impacted the company’s third-quarter earnings, but its CEO expects upcoming events in Las Vegas to bring growth.

By Jenna Walters • Nov. 9, 2023