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.
Singapore is on track to exceed pre-pandemic tourism spending in 2024 and expects up to 18.5 million visitors generating over S$30 billion in receipts by 2025.
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.
Peachtree Group has surpassed $2 billion in hotel development across 48 nationwide projects, including new builds in Alabama, Dallas, and multiple Qualified Opportunity Zone developments.
Despite a single-day post-Covid high, Macau's Golden Week visitor arrivals are down year-over-year, with Mainland China visitation seeing a significant decline.
Sonesta International Hotels Corporation has partnered with Mint Developers to build The James Hotel & Residences Downtown Miami, an $850 million, 82-story tower set to open in 2028.
The ALIS Conference reflected cautious optimism about the hotel industry's future, with hopes for policy changes, modest RevPAR growth, transaction market challenges, and a suggestion that Taylor Swift could boost travel demand.
Indian Hotels Company announced a new Tajhotel in Ayodhya, set to open in 2026 with 300 rooms, luxury villas, extensive amenities, and event space, expanding IHCL’s footprint in Uttar Pradesh to 31 hotels.
Hyatt Hotels Corporation announced a record pipeline of 138,000 rooms, expanded its Lifestyle Portfolio with acquisitions, appointed new leaders, and continues to strengthen its brand offerings for growth and profitability.