Melia Hotels International

J Street plans to convert Tower 180 in Downtown San Diego into a 560-key dual-branded Hyatt Place and Hyatt House hotel.

Kempinski launched a multi-year investment plan to support the growth of the partnership with BTG focusing on expanding in China.

Tourism Australia said the country's tourism sector will be worth $220 billion (Australian dollars) to the nation's economy by the decade's end.

Developers in the Philippines are shifting focus to branded residences due to their growing market potential, with luxury villas and larger condos expected to dominate key areas like Bonifacio Global City, Cavite, Bohol, and Palawan.

CoStar forecasts modest U.S. RevPAR and ADR growth through 2027—with luxury and upper upscale segments leading—despite real RevPAR remaining below 2019 levels.

The ALIS Conference reflected cautious optimism about the hotel industry's future, with hopes for policy changes, modest RevPAR growth, transaction market challenges, and a suggestion that Taylor Swift could boost travel demand.

Asset World Corp partnered with Melia Hotels International to open the 234-room Melia Pattaya Hotel as part of a 30 million baht investment in Pattaya, featuring eco-friendly development, job creation, and luxury amenities.

In November 2024, Canada’s hotel industry experienced a significant boost, driven by Taylor Swift’s Eras Tour and a favorable calendar shift, with notable occupancy and rate increases in Toronto and Vancouver.

Global hotel transactions rose to $42.1 billion in Q3 2024, driven by large deals and robust fundamentals, with further growth expected amid favorable economic conditions.

The U.S. lodging sector in 2025 is expected to see muted growth with a modest RevPAR increase of 1.5%, driven by higher ADR but constrained by stable occupancy and macroeconomic pressures.