Kim Woinski

Marriott International has formally entered into a joint venture with the Leali family, founders of Lefay. Plus, more hotel deal and development news.

CoStar expects demand growth to continue across all price points, with luxury outperforming and the high-end customer showing no pushback on higher ADRs. Plus, more hotel deal and development news.

Jefferies described its NYU/NAREIT meetings as being among the most constructive in recent memory. Plus, other hotel deal and development news.

Truist expects 2Q results to be a repeat of 1Q with earnings ahead of original expectations driven by better-than-expected RevPAR. Plus, hotel development news.

Colliers expects the overall US lodging demand to grow at 1.3%, mostly on pricing power rather than occupancy. Plus, other hotel deal and development news.

A $19 million construction project has started on the AC Hotel by Marriott CityCentre Houston. Plus, more hotel deal and development news.

Lots of enthusiasm for hotel development at the NYU IHIF conference. Plus, other hotel development news.

Some takeaways from Truist include that the hotel transaction market is finally showing actual signs of thawing, instead of being talked about. Plus, more hotel deal and development news.

Hilton announced the launch of Undergraduate by Hilton, a new upper-midscale brand developed to serve a broader range of college and university markets. Plus, more hotel deal and development news.