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Articles tagged “hotel development”

Hotels

Top Stories in Hotels: Earnings Misses, Vietnam’s Slump, More…

Analysts did an uneven job of predicting hotel company performance. Vietnam's hotel market is slumping. Plus, other highlights from this week's news in deals and development.

Sean O'Neill | 9 months ago

Top Stories in Hotels: Earnings Misses, Vietnam’s Slump, More…

News Blog

IHG to Launch Midmarket Hotel Brand Designed to Grow Quickly

IHG Hotels & Resorts revealed on Tuesday that it has been pitching hotel owners on a new brand addressing an opportunity in the middle of the market it said is underserved. "Our aim is that this new conversion brand will become the first choice for guests and owners in the midscale segment, accelerating our growth…

Sean O'Neill | 9 months ago

Hotels

Hotel Brands Expand Their Empires as Earnings Reports Stay Upbeat

Hotel companies seem bullish on the recovery and are acting aggressively to expand their presence. Plus, more highlights from this week's news in hotel deals and development worldwide.

Sean O'Neill | 9 months ago

Hotel Brands Expand Their Empires as Earnings Reports Stay Upbeat

Hotels

Loews Hotels’ Contrarian Strategy Helps it Land Big Deals and Fend Off Short-Term Rentals

While other hotel groups shed assets, Loews keeps buying more. While others shy from convention businesses, Loews bets on big groups. When everyone is going one way, it opens up an opportunity for others to exploit contrarian paths.

Sean O'Neill | 9 months ago

Loews Hotels’ Contrarian Strategy Helps it Land Big Deals and Fend Off Short-Term Rentals

Hotels

Hotel Company Earnings Season Starts Strong

Earnings results were broadly good for Hilton, Accor, and Wyndham. Plus, more highlights from this week's news in hotel deals and development worldwide.

Sean O'Neill | 9 months ago

Hotel Company Earnings Season Starts Strong

Hotels

Wyndham Sees Modest Weakening for Budget Hotels as Trends Normalize

Looking ahead, Wyndham executives said they weren't concerned about competition from Marriott, Hilton, and Hyatt in the extended-stay segment because they believe their model is aimed at delivering a more affordable product with lower costs for developers.

Sean O'Neill | 9 months ago

Wyndham Sees Modest Weakening for Budget Hotels as Trends Normalize

News Blog

Certares Closes $284 Million Fund for Hospitality Real Estate

Certares, a private equity firm that invests in travel, said on Wednesday it had closed its first real estate hospitality fund, with $284 million of equity commitments. The fund is acquiring hospitality real estate assets in U.S. growth markets. It has already made investments in 10 hotels that together have more than 2,100 keys. The…

Sean O'Neill | 9 months ago

Hotels

Hilton Hotels Sees No Slowdown in Travel Surge

Slowdown? What slowdown? Hilton sees the boom rolling on. In other news, the company said it would add a hotel brand in the "luxury lifestyle" segment in the next year or so.

Sean O'Neill | 9 months ago

Hilton Hotels Sees No Slowdown in Travel Surge

News Blog

Wyndham Signs 60 New Extended Stay Hotels in North America

Wyndham Hotels & Resorts said on Tuesday it had signed 60 more hotels for its Echo Suites Extended Stay by Wyndham brand in the U.S. and Canada. That brings the extended-stay brand’s pipeline to 265 hotels, with about 33,000 rooms. It's the fastest-growing brand in Wyndham's development pipeline. The growth is remarkable. Wyndham only formally announced the…

Sean O'Neill | 9 months ago

Hotels

This Boutique Hotel Isn’t Your Parent’s Beach Getaway

Millennial and Gen Z designers just opened a boutique in California that may overturn assumptions about beachside hotels. Plus, its web-based app hints at what next-gen guests expect in service.

Leslie Barrie | 9 months ago

This Boutique Hotel Isn’t Your Parent’s Beach Getaway