Tuesday, September 19, 2023
North America

Hyatt Plans 30+ Properties in the Americas

  • B of A Securities gives IHG Hotels & Resorts a Buy rating. Sonder announces a 1-for-20 reverse stock split.
  • Hyatt plans to expand with over 30 new hotels in the Americas by 2025, emphasizing luxury, resort, and lifestyle rooms.
  • Miraval Resorts unveils its spa after a $60 million renovation. Raffles Boston and The Fontainebleau Las Vegas announce their openings.

The DJIA fell 107 points, the Nasdaq was down 32, the S&P 500 fell 10 points, and the 10-year treasury yield was up .05 to 4.37%. Lodging stocks were lower on the day. Sonder announced its reverse split. Interested in attending the Skift Global Forum in NYC September 26-28? As a Daily Lodging Report subscriber, you receive 15%-off full-price tickets. Register here. (You must […]

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In Today's Issue - North America

Companies

Accor, AKA, Braemar Hotels & Resorts Inc., Braintree Group, Canopy by Hilton, Caption by Hyatt, Ennismore, Fontainebleau Resorts, Grand Hyatt, Hampton by Hilton, HEI Hotels & Resorts, Hilton Hotels & Resorts, Home2 Suites by Hilton, HomeTowne Studios, Hyatt Centric, Hyatt Hotels Corporation, IHG Hotels & Resorts, Korman Communities, LXR Hotels & Resorts, Mama Shelter, Marcus & Millichap, Marriott International, MCR, Miraval, Park Hyatt, Raffles, Red Roof, Red Roof Inn, Residence Inn by Marriott, Secrets Resorts & Spas, Sonder Holdings Inc., Tapestry Collection by Hilton, The Unbound Collection by Hyatt, Thompson Hotels

Locations

Arizona, Boston, California, Charlotte, Chattanooga, Colorado, Las Vegas, Los Angeles, Maui, Miami, New York City, Palm Springs, Portland Oregon, San Jose, St. Lucia