Many Would-Be Hotel Buyers Are in a Wait-and-See Mode
The latest CBRE U.S. Hotels State of the Union report reveals a modest recovery in hotel performance, plus more hotel development news from Peachtree and other leaders.
Jamaica
Jalisco Announces $1 Billion Hotel Development Program
Jalisco announced $1 billion investment for 38 new hotels by 2028, with Hyatt investing $295 million in three Puerto Vallarta properties.
A Rare Boston Hotel Site Is Up for Sale
A Boston hotel site is for sale for $6.5M, while EasyGroup will sell EasyHotel to Tristan Capital Partners for €242M in total value.
A Wave of Hotel REITs Reported Earnings
Late last week, hotel REITs in the U.S. released an avalanche of earnings and investors were in a good mood again.
U.S. Hotels Projected to See a Slight Increase in Revenue This Year
Global hotel industry shows mixed regional growth with new developments despite economic challenges in 2025.
Sandals Resorts Could Be Sold
Sandals Resorts International has hired bankers to solicit a sale at a valuation over $6 billion, according to a news report.
Marriott’s New Milestones in the Caribbean and Latin America
In 2024, Marriott International expanded in Caribbean and Latin America, adding 30 properties, 8,000 rooms, and growing its pipeline to 27,817 rooms.
Peachtree Group Has 48 Properties in Development
Peachtree Group has surpassed $2 billion in hotel development across 48 nationwide projects, including new builds in Alabama, Dallas, and multiple Qualified Opportunity Zone developments.
Casago Agrees to Acquire Vacasa
Casago and Vacasa plan to merge, backed by Roofstock and existing Vacasa investors with completion expected by early 2025.
Analysts See Upside for Lodging Amid Market Volatility
Lodging stocks dipped despite optimistic analyst forecasts for RevPAR growth and franchise expansion in 2025, highlighting a mixed market sentiment.