Trinity Investments to Sell Phoenix Hotel for $865 Million
U.S. hotel RevPAR was down by -0.1% year over year in April. The Easter shift, geopolitical/tariff impact, were blamed for the sluggish month. Group RevPAR was down -2%.
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U.S. Could Lose $12.5 Billion in International Visitor Spending This Year
WTTC research shows sharp drops in U.S. international visitors, with arrivals from Germany plunging 28% in concerning tourism trend.
A Rare Boston Hotel Site Is Up for Sale
A Boston hotel site is for sale for $6.5M, while EasyGroup will sell EasyHotel to Tristan Capital Partners for €242M in total value.
Marriott Reaches Deal to Buy CitizenM
Marriott International acquires lifestyle brand citizenM for $355 million, adding 36 hotels with 8,544 rooms to its portfolio.
Wanda Hotel Management Gets New Owners
Hospitality industry faces challenges amid cautious analyst forecasts. Dreamscape Hospitality celebrates growth with 40 properties in the pipeline.
Truist Sees Some Price Softening at Hotels
Truist analysts said the hotel companies weren’t admitting it, but demand trends had been decelerating before the tariff shock.
Hotel REITs See Softer U.S. RevPARs
Marriott plans a dual-branded AC Hotel and Moxy Hotel in Dallas, while other hotel companies announce global openings and renovations.
Barclays' Examination of Global Hotel Development
Barclays analysts weighed in with their views on the major U.S.-based hotel groups.
Baird Expresses Concerns About a Softening in Demand
Hotel industry analysts at Baird expressed caution about softening March demand trends, noting that U.S. RevPAR growth is tracking over 200 basis points below initial expectations.
Marriott Opens First City Express Hotel in the U.S.
Marriott International is set to make an entry into the U.S. midscale hotel segment.