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Articles tagged “hotel development”

Hotels

Top Stories in Hotels: Hyatt, Maui, and Top Managers

After wildfires devastated Maui's western region, the island as a whole appeared to show resilience in hotel demand. Plus, optimism at Hyatt, North America's top hotel managers, and more news highlights.

Top Stories in Hotels: Hyatt, Maui, and Top Managers

News Blog

Marriott’s Giga-Resort in Saudi Arabia Banking on Cash-Rich Locals

The next generation of Saudi Arabian hotels is coming, marked by the opening of the Kingdom’s multi-billion-dollar giga-projects. Marriott is showing what is possible at these spare-no-expense properties: Asking for the highest room rates in the country. Skift's Josh Corder reports: Just two hotel operators are entrusted to introduce Saudi Arabia’s “untouched” Maldives-rivaling Red Sea…

Hotels

Aman to Open 11 Janu Hotels After Getting $360 Million From UAE Investors

Major investments in the hospitality supergroup Aman are letting it expand more quickly. Look for its spin-off brand Janu to add 11 properties, from Turks and Caicos to Dubai, over the next four years.

Aman to Open 11 Janu Hotels After Getting $360 Million From UAE Investors

Hotels

Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026

With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion. Recent investment in the company is a wager that affordability will matter more to some travelers than whether a hotel is Instagram-ready.

Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026

Hotels

U.S. Hotels Likely to Finish Year Strong Thanks to Group Bookings

A top investment bank points to signs that augur well for fourth-quarter hotel company performance. One key factor is rising bookings for group events. Plus, other news in hotel deals and development worldwide.

U.S. Hotels Likely to Finish Year Strong Thanks to Group Bookings

Hotels

Speculation Blooms After KSL/Hersha Deal: Top Stories in Hotels

The biggest story in hotel deals and development this week was that KSL Capital Partners said on Monday it wants to take Hersha Hospitality Trust private. But it was just one of many that the Daily Lodging Report newsletter covered.

Speculation Blooms After KSL/Hersha Deal: Top Stories in Hotels

News Blog

Hilton to More Than Double Its Luxury Hotel Footprint in Asia Pacific

From today's Daily Lodging Report newsletter: Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries for the first time as part of its plans to open 25 new luxury hotels in the Asia Pacific region over the next few years. That's up…

Hotels

5 Hotel Storylines CEOs of Hilton, Hyatt, and Other Top Brands Are Tracking Now

Growth opportunities, the corporate travel recovery, and the need for the hotel sector to more effectively influence policymaking are some topics we'll ask hotel sector leaders at the Skift Global Forum in September.

5 Hotel Storylines CEOs of Hilton, Hyatt, and Other Top Brands Are Tracking Now

News Blog

Extended-Stay Tops Other Hotel Types for U.S. Pipeline Growth in Second Quarter

U.S. hotel developers have more projects for extended-stay properties than any other type of hotel, whether measured by number of projects or room count, according to new data. In the second quarter, developers expanded their pipeline of extended-stay projects by 18% year-over-year to 2,083, said Lodging Econometrics, which collects and studies hotel development. The extended-stay…

Hotels

Hilton’s Hampton Inn Leads in Revenue for Brands: Top Stories in Hotels

Hampton by Hilton led in 2022 with nearly $10.22 billion in room revenue, more than any other brand. Plus, the latest in junk fees, a lodging supply debate, and other hotel sector news worldwide.

Hilton’s Hampton Inn Leads in Revenue for Brands: Top Stories in Hotels