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North America
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. -
Asia-Pacific
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. -
North America
JP Morgan States Its Q1 Hotel Performance Expectations
JP Morgan forecasts mixed 1Q24 results for the lodging sector, with slow RevPAR growth, strong net rooms growth, and moderating pipeline expansion, recommending selectiveness due to varied performance across companies. -
North America
Selina’s Leaders Move to Soothe Worries
Selina Hospitality issued an update, emphasizing management’s confidence through executive stock conversions and alignment with shareholders, clarifying that insider stock sales were automatic transactions for tax purposes, not discretionary market sales. -
North America
Hilton Taking Over NoMad Brand
Hilton acquires a majority stake in Sydell Group to globally expand the NoMad Hotels brand, with plans for up to 100 properties and integration into Hilton’s commercial platforms, while NoMad Las Vegas will rebrand, addressing Hilton’s gap in the luxury market. -
North America
Marriott Vacations’ New Timeshares Collection
Marriott Vacations Worldwide introduced The Marriott Vacation Clubs City Collection, featuring branded properties in seven cities with plans for expansion to other urban areas, including the addition of two Westin Vacation Club properties. -
Asia-Pacific
Shanghai Will Get a Mirage by MGM Hotel
Tishman Speyer partners with Diaoyutai MGM Hospitality to open Mirage by MGM Shanghai in 2027 within a new mixed-use tower at The Springs, featuring luxury rooms and upscale amenities. -
Asia-Pacific
Hyatt’s Pipeline is 40% in China
Hyatt aims to expand its presence in China’s economy and midscale hotel segments, leveraging local partnerships and focusing on second and third-tier cities. -
North America
A&O to Invest €500 Million in Hostels
Europe hostel chain A&O is set to invest €500 million to aid its expansion across Europe. The company is seeking to expand its presence in European city centers. -
North America
Hilton to Acquire Graduate Hotels Brand
Hilton will acquire the Graduate Hotels brand for $210 million, which includes all rights to the Graduate brand worldwide, franchise agreements for all existing and signed pipeline Graduate Hotels, and future development and growth.