Articles tagged “hotel development”

Another quarter of strong incentive management fees would signal that hotel profit strength is broadening.

The owner-operator of nearly 330 hotels is betting that its owner-operator model will win in the U.S. market, where other foreign entrants have stumbled.

Demand is up 6%, occupancy is a fat 77%, and the pipeline is thinning. That may be a textbook setup for pricing power.

The all-inclusive operator's executive chairman says he isn't selling the company, despite rumors, but is instead pouring tens of millions into properties to drive rate premiums.

Best Western's parent group is about 10% smaller by room count than it was in 2019. CEO Larry Cuculic says he's changing that, partly by adding upmarket brands.

Posadas called its own luxury-heavy signings a ‘red flag,’ and is rebalancing as a soft quarter hit its luxury hotels hardest.

Since selling The Standard to Hyatt, Amar Lalvani has reviewed the group's lifestyle portfolio and debuted a new brand, The Manner, to stay on top of where he feels trends are heading.

A trademark and a domain suggest that a new Hilton lifestyle brand called Tortoise may be in the works. But the bigger question for the newish chief development officer is whether Hilton's model still mints the best returns for owners.

IHG CEO Elie Maalouf is telling franchisees that eight years of tech investment has begun to expand their margins. It's an open question whether this early tech advantage will woo more hotel owners, boosting the growth rate of IHG's system.

Most hospitality groups are shedding real estate. a&o is picking it up at distressed prices — a contrarian move that works up until the deals, or the lenders, run dry.