Hyatt Hotels and Playa Hotels Discuss a Deal
Hyatt Hotels and Playa Hotels & Resorts are negotiating a potential acquisition, with differing analyst views on its likelihood and structure.
Montana
Global Hotel Transaction Volume Hits $42.1 Billion
Global hotel transactions rose to $42.1 billion in Q3 2024, driven by large deals and robust fundamentals, with further growth expected amid favorable economic conditions.
Skyline Investments Sells Courtyard Hotels Across the U.S.
Skyline Investments sold 11 Courtyard by Marriott hotels in the U.S. for $101 million, retaining ownership of three other Courtyard properties, which are up for sale.
Hotel Worker Strikes Resume in Boston
About 400 workers at four Boston hotels began a three-day strike on Thursday. They're seeking higher wages and staffing levels.
Aman Has a Global Wellness Advisor
Top-end brand Aman has a new global wellness ambassador, and they don't settle for second rate. Meet tennis superstar Novak Djokovic.
U.S. Lodging Stocks Rise, But Canadian Hotel Occupancy Declines
The DJIA, Nasdaq, and S&P 500 rose on Friday, while Canada's hotel industry saw a slight decline in occupancy in July 2024 after three months of increases.
Park Hotels Beats First-Quarter Estimates
Park Hotels exceeded adjusted EBITDA and AFFO estimates and raised their financial guidance, citing optimism in their group and leisure outlook, likely due to recently renovated properties.
Hilton’s Loyalty/Glamping Move
Hilton announced a new exclusive partnership with AutoCamp to offer Hilton guests an experience that blends the spirit of an iconic outdoor adventure with the hospitality and design-forward thinking of a boutique hotel.
Four Seasons Hotel and Condos Coming to Telluride
STR reported US lodging data for the week ended December 30. RevPAR was down -9.7% led by a -7.1% decline in occupancy.
Speculators are questioning whether everyone is thinking the Fed is going to cut interest rates more than they really will.
Real estate developers Fort Partners and Merrimac Ventures are building a Four Seasons hotel and condo resort in Telluride, Colorado .
Bay Area Gets Closer to Welcoming a Margaritaville
The Baird/STR Hotel Stock Index dropped by -2.4% in October, marking the third consecutive monthly decline.
Wells Fargo adjusts price targets for Apple Hospitality and Ryman Hospitality, maintaining Overweight ratings.
Trump Hotels and Irongate reach a buyout agreement for Trump International Hotel, Waikiki, transitioning to Hilton's LXR Hotels & Resorts in 2024.