Jason Clampet

Daily Lodging Report

IHG Plans to Run 100 Hotels in India by 2029

IHG Hotels & Resorts plans to double its presence in India to 100 hotels over the next five years, expanding in key cities and introducing the InterContinental brand in Telangana by 2029.

3 hours ago

Daily Lodging Report

Pebblebrook, Hilton and Travel + Leisure All Beat First-Quarter Estimates

During the hotel group’s earnings season, Hilton’s report stood out as the most impressive – despite showing slowing RevPAR growth – due to strong performance in Net Unit Growth and EBITDA flow through.

18 hours ago

Daily Lodging Report

Seoul Plans a Floating Hotel

Seoul plans to develop floating office and hotel buildings with leisure facilities on the Han River by 2030 to enhance the river’s potential and attractiveness.

1 day ago

Daily Lodging Report

Hihotels by Hospitality International Expands Portfolio

Hospitality International's hihotels brand has added eight new properties across five states, encompassing a mix of acquisitions and new constructions.

2 days ago

Daily Lodging Report

Six Senses Opens Its First Property in Japan

2 days ago

Daily Lodging Report

Selina Receives Nasdaq Delisting Warning

Selina Hospitality received a delisting notice from Nasdaq due to its low stock price, but plans to implement a reverse stock split to regain compliance.

3 days ago

Daily Lodging Report

Hyatt Introduces New Hotels in China

Hyatt Hotels launched Caption by Hyatt Zhongshan Park Shanghai, its new lifestyle brand in the Asia Pacific, and opened Hyatt Centric Zhongshan Park Shanghai, the first full-service Hyatt Centric hotel in downtown Shanghai.

3 days ago

Daily Lodging Report

Barclays Previews First Quarter Results for Hotel Groups

Barclays previewed the first quarter for the lodging sector, suggesting mixed RevPAR results due to the March Easter shift, but maintaining expectations for in-line EBITDA among large caps, while adjusting target prices for major hotel brands including Marriott, Hilton, Hyatt, Wyndham, and Choice Hotels.

4 days ago

Daily Lodging Report

MCR Looks to Miami Hotels

MCR plans to build two eight-story hotels with a total of 400 rooms and additional parking facilities next to the Hilton Miami Airport Blue Lagoon.

7 days ago

Daily Lodging Report

Marriott Rebrands 7 HMI Hotels in Japan

Marriott International and HMI Hotel Group are rebranding seven HMI properties across five major Japanese cities to align with global hospitality trends.

1 week ago