Choice Hotels urges Wyndham stockholders to tender shares

As Choice’s March 8 exchange offer deadline approaches, the hotel company reiterated that its acquisition offer provides value far exceeding what Wyndham can achieve alone.

By Jenna Walters • March 6, 2024

AHLA President and CEO William ‘Chip’ Rogers resigns

Kevin Carey will take over as interim president and CEO while continuing in his role as senior executive vice president and COO.

By Jenna Walters • Updated March 6, 2024

Loews Minneapolis Hotel rebranded to Hilton following sale

New owner and management company Marcus Hotels & Resorts will immediately convert the property to The Lofton Hotel under lifestyle brand Tapestry Collection by Hilton.

By Jenna Walters • March 4, 2024

Rio Hotel & Casino Las Vegas to join Hyatt brand after $340M renovation

The Destination by Hyatt property will help the hotel company grow its footprint in the “leading leisure and convention travel market,” keeping up with peers like Marriott International.

By Jenna Walters • March 4, 2024

Sen. Elizabeth Warren calls on FTC to ‘closely scrutinize’ Choice-Wyndham merger

In a letter to FTC Chair Lina Khan, the senator raised concerns about Choice’s “hostile takeover,” asking the agency to block the deal if it violates antitrust law.

By Jenna Walters • Feb. 28, 2024

Craig Smith named CEO of Aimbridge Hospitality

The former Marriott executive succeeds Michael Deitemeyer, who announced his departure from the hospitality management company in November.

By Noelle Mateer • Feb. 28, 2024

Hotel trends that drove Q4 revenue, portfolio growth

Despite a still-challenged lending environment and economic uncertainty, hotel operators focused on conversions and the booming midscale and luxury segments to fuel growth.

By Jenna Walters • Feb. 26, 2024

Accor posts record 2023 results, continues US luxury and lifestyle push

The French hotel company posted EBITDA of over 1 billion euros for the first time in its history, with its premium, midscale and economy brands driving RevPAR growth globally.

By Noelle Mateer • Feb. 26, 2024

MGM Resorts’ cyberattack headache continues as regulators launch investigations

The company said it could face fines in connection with regulatory inquiries stemming from the social engineering attack.

By David Jones • Feb. 26, 2024

Hyatt forecasts continued RevPAR, portfolio growth in 2024

Following a year of solid results, the hotel company will continue to expand its record pipeline as travel demand, particularly group, remains strong.

By Jenna Walters • Feb. 23, 2024

Despite Q4 declines, Caesars remains optimistic about Las Vegas

The hotel company experienced “one-time” headwinds that negatively impacted results in the quarter, but heightened group demand and a robust events calendar in Vegas hold promise.

By Jenna Walters • Feb. 21, 2024

Hyatt announces new Americas leadership, regional restructuring

The hotel company has created two subregions to further drive performance in the Americas, led by Susan Santiago and Gabriel Felip.

By Noelle Mateer • Feb. 21, 2024

IHG posts RevPAR, portfolio gains for full-year 2023

Hotel conversions, making up a significant portion of the company’s openings and signings in the year, will continue to drive portfolio growth alongside luxury and lifestyle deals. 

By Jenna Walters • Feb. 20, 2024

Choice Hotels posts record performance amid pursuit to acquire Wyndham

Choice President and CEO Patrick Pacious said full-year revenue and portfolio growth support the company's plans to buy Wyndham.

By Jenna Walters • Feb. 20, 2024

Wyndham posts record growth despite ‘distraction’ from Choice bid

Wyndham saw record organic rooms growth and pipeline expansion in the fourth quarter following Choice Hotels’ “unsolicited” public acquisition offer in October.

By Jenna Walters • Feb. 15, 2024

Las Vegas’ ‘strength and resiliency’ drive Q4 growth for MGM Resorts

Following a cybersecurity issue and looming worker strikes that impacted the company in Q3, MGM posted strong performance growth to close 2023.

By Jenna Walters • Feb. 14, 2024

Marriott CEO touts new midscale brand amid segment push

After entering the midscale segment in the U.S. and Canada in 2023, the hotel company plans to continue growth in the space with groundbreakings on StudioRes and a looming brand launch.

By Jenna Walters • Feb. 13, 2024

Expedia Group names Ariane Gorin CEO

Current CEO Peter Kern will step down at the end of his contract in May.

By Noelle Mateer • Feb. 9, 2024

F1 ‘a contributor’ to Wynn Resorts’ record Las Vegas performance in Q4

The company posted record performance results in the city due to a robust events calendar, and CEO Craig Billings anticipates further growth from Super Bowl LVIII.

By Jenna Walters • Feb. 8, 2024

Record ADR predicted for Las Vegas hotels over Super Bowl LVIII weekend

Hotel performance in the city from Friday through Sunday will significantly outpace last year’s gameday weekend in Phoenix, STR forecasts.

By Jenna Walters • Feb. 8, 2024

Hilton to boost luxury network with Small Luxury Hotels of the World

Hilton announced the partnership as part of its earnings for the fourth quarter of 2023, which also saw a company record for room openings.

By Noelle Mateer • Feb. 7, 2024

Why Hilton might consider acquiring Graduate Hotels

Hospitality industry experts say brand acquisitions are an increasingly popular way for hotel companies to gain scale and boost customer loyalty.

By Noelle Mateer • Feb. 7, 2024

Aimbridge Hospitality restructures to streamline US operations

The hotel management company will create a dedicated owner relations team and two focused operating divisions led by company executives.

By Jenna Walters • Feb. 7, 2024

Hilton considering purchase of Graduate Hotels brand: Bloomberg

Sources told Bloomberg the potential deal would not involve Hilton taking on Graduate Hotels’ real estate, which currently spans 37 properties in the U.S. and U.K.

By Noelle Mateer • Feb. 6, 2024

Auberge Resorts Collection gets ‘significant capital’ investment to fuel global expansion

Merchant bank BDT & MSD's minority stake will further grow the luxury brand portfolio in “gateway urban markets and high-profile experiential destinations.”

By Jenna Walters • Feb. 5, 2024