Mandarin Oriental Refreshes Hotels in Hong Kong and Bangkok
The global hotel industry continues to expand, with IHG celebrating its 50th year in China while Mandarin Oriental plans a $100 million renovation in Hong Kong.
Mandarin Oriental
Baird Projects Tariffs to Negatively Impact New Construction
If a "Trump Slump" materializes for a long stretch, analysts at Trust and Baird speculate about what it might mean for the hotel sector.
Companies Assess Their Strength in Possible Downturn
The sell-off in stocks accelerated Friday after a failed attempt in the morning for a rebound: All three indexes fell.
Marriott Opens First City Express Hotel in the U.S.
Marriott International is set to make an entry into the U.S. midscale hotel segment.
IHG Signs $100 Million Deal for Barossa Valley Hotel
IHG is opening its first luxury InterContinental hotel in Australia's Barossa Valley under a 25-year deal, costing $100 million.
Ashford Hospitality Trust Slashes Board Compensation
Ashford Hospitality Trust cut board and management compensation in an attempt to save at least $14 million in EBITDA toward its $50 million goal.
CBRE Projects U.S. RevPAR Growth of 2% This Year
CBRE predicts steady RevPAR growth of 2.0% in 2025, driven by urban market strength, increased travel, and economic recovery.
Accor and Choice Hotels Report Earnings
Choice Hotels beat earnings expectations due to "other revenues," boosted guidance, and repurchased shares, while Accor reported strong Q4 results, announced a major stock buyback, and considered selling its AccorInvest stake.
Tokyo Leads Hotel Investment in Asia Pacific, Says CBRE
Hotel investment in the Asia Pacific region is rising, with Japan, Singapore, and Australia leading interest, while investors shift focus to upscale segments and await interest rate clarity.
Sternlicht Revives the Starwood Brand
Barry Sternlicht is set to revive the Starwood brand through his current hotel management company, SH Hotels & Resorts, rebranding it as Starwood from February.