U.S. Hotel Occupancy for Mid-April Drops
Multiple hotel companies announced property openings globally, including Peachtree Group receiving USCIS approval for a SpringHill Suites in Utah.
Montana
Why Tariffs May Raise Some Costs for U.S. Hotels
Richie Karaburun, clinical associate professor at NYU, is worried. But the hospitality industry continues growth with new hotels, acquisitions, and expansions across the US and Europe despite tariff concerns.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.
Barclays' Examination of Global Hotel Development
Barclays analysts weighed in with their views on the major U.S.-based hotel groups.
Mint House Acquires Locale to Push Residential Hospitality
Mint House’s acquisition of Locale brings its short-term rental portfolio to 13 markets across the U.S.
Hilton's Huge Expansion in 2024
In 2024, Hilton achieved 7.3% net unit growth by adding nearly 1,000 hotels and strengthening its global pipeline, while expanding its brand portfolio with new lifestyle and luxury offerings worldwide.
Casago Agrees to Acquire Vacasa
Casago and Vacasa plan to merge, backed by Roofstock and existing Vacasa investors with completion expected by early 2025.
Hyatt Hotels and Playa Hotels Discuss a Deal
Hyatt Hotels and Playa Hotels & Resorts are negotiating a potential acquisition, with differing analyst views on its likelihood and structure.
Global Hotel Transaction Volume Hits $42.1 Billion
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.
Skyline Investments Sells Courtyard Hotels Across the U.S.
Skyline Investments sold 11 Courtyard by Marriott hotels in the U.S. for $101 million, retaining ownership of three other Courtyard properties, which are up for sale.