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North America
Hampton by Hilton Unveils New Brand Identity
Hampton by Hilton announced a new North American prototype and the unveiling of a refreshed global brand identity, with key updates for both Hampton Inn and Hampton Inn & Suites. -
North America
Canadian Deal Flow Booms Despite Lower Occupancy
Canada’s hotel industry showed lower occupancy but continued growth in ADR, according to CoStar’s January 2024 data. -
North America
Wyndham and Hyatt Earnings Tripped Up in New Ways
Wyndham had their typical quarter, but WH did say fighting off CHH is going to cost them about $75 million, while Hyatt gave a late-night press release that stated their 4Q results would be delayed because they have not finalized accounting relating to ALG’s Unlimited Vacation Club. -
North America
Las Vegas Hotels’ Super Bowl Bump
STR reported US lodging data for the week ended 2/10. US hotel RevPAR was up 3.9% with ADR up 7%. RevPAR in Las Vegas was up 140% year over year thanks to the Super Bowl. -
North America
Truist Has Its Own Ideas About Choice’s Designs on Wyndham
Truist met with Wyndham and Choice franchisees who had strong opinions about the merger and broad frustrations about brand costs and property valuation in limited service today. -
North America
Hospitality Ventures Management’s Expanded Portfolio
Hospitality Ventures Management added 15 new hotels in 2023 to its portfolio of select-service, full-service and resort properties. Most of these additions are Marriott, Hilton, and Hyatt brands. -
North America
Ryman Hospitality Anticipates $1 Billion CapEx Allocation
Ahead of Ryman Hospitality Properties’ Investor Day, Truist Securities upped their price target for the REIT. -
North America
Choice Hotels Disputes Wyndham’s Claims
Choice Hotels International issued an investor presentation that they said disputed the false and misleading antitrust claims made by Wyndham Hotels & Resorts in connection with CHH’s attempt to acquire WH. -
North America
Hyatt Unveils Luxury Development Pipeline
Citigroup downgraded Sonder Holdings from Buy to Neutral, with a new price target set at $4.Choice Hotels criticized Wyndham Hotels & Resorts for misrepresenting the lodging industry’s competitive landscape. This criticism came after Wyndham’s recommendation for shareholders to reject CHH’s exchange offer and their discontinuation of discussions regarding a potential transaction with CHH. Hyatt announced plans to open over 35 luxury hotels and resorts globally through 2025, including new Park Hyatt locations in the UK, Mexico, and Malaysia, and expanding the Thompson Hotel brand in Europe. -
North America
Hilton Unveils Plans for Luxury Hotels in 2024
Wells Fargo downgraded Sunstone Hotels and revised DiamondRock Hospitality and Apple Hospitality’s ratings. According to the National Travel and Tourism Office, international visitors to the U.S. in October 2023 spent $18.9 billion, marking a 23% increase from the previous year. In 2024, Hilton’s luxury portfolio, inclusive of Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts and LXR Hotels & Resorts will announce offerings that will provide guests with new brand signatures.