CBRE Projects U.S. RevPAR Growth of 2% This Year
CBRE predicts steady RevPAR growth of 2.0% in 2025, driven by urban market strength, increased travel, and economic recovery.
Kim Woinski
Kim is Vice President of Gaming USA Corporation, the previous owner of the Daily Lodging Report, now owned by Skift. Kim is the primary writer of the Daily Lodging Report – North America. Kim moved to Southwest Florida in July of 2020 and recently became a first time grandmother to baby Susie.
Accor and Choice Hotels Report Earnings
Choice Hotels beat earnings expectations due to "other revenues," boosted guidance, and repurchased shares, while Accor reported strong Q4 results, announced a major stock buyback, and considered selling its AccorInvest stake.
U.S. Hotel Project Development Pipeline Reaches All-Time High
The Q4 2024 Global Hotel Construction Pipeline Trend Report shows a record-high global hotel construction pipeline, led by the U.S. and China, and forecasts continued growth through 2026.
IHG Acquires European Hotel Brand Ruby
IHG reported strong Q4 2024 results, announced the acquisition of the Ruby brand, raised its dividend by 10%, and launched a $900 million buyback, but investors remained unimpressed despite its strong performance.
IHG Expands Vignette Collection to San Francisco and France
IHG is expanding its Vignette Collection with San Francisco's historic Hotel Spero and a new French property opening in 2025, featuring two transformed Tiara hotels.
Mint House Acquires Locale to Push Residential Hospitality
Mint House’s acquisition of Locale brings its short-term rental portfolio to 13 markets across the U.S.
Hyatt Deal Values Playa Hotels at $2.6 Billion
Hyatt Hotels is acquiring Playa Hotels & Resorts for $2.6 billion, funding it largely with new debt and asset sales, strengthening its all-inclusive presence in the Caribbean and Mexico.
U.S. Hotel Revenue Projected to Grow in 2026 and 2027
CoStar forecasts modest U.S. RevPAR and ADR growth through 2027—with luxury and upper upscale segments leading—despite real RevPAR remaining below 2019 levels.
Truist Lays Out Projections for Earnings Season
Vacasa is reviewing an unsolicited $5.25-per-share acquisition proposal while maintaining its existing merger with Casago at $5.02 per share, with its board recommending the merger as it evaluates whether the new bid is superior.
Thai Luxury Hotel Rates Rose 5% Last Year
In 2024, Thai luxury hotels experienced significant year-on-year increases in average daily rates and occupancy across key tourist cities.