Corporate/Finance: Page 3

  • Exterior of MGM Grand Hotel & Casino in Las Vegas
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    Ethan Miller via Getty Images
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    MGM Resorts revenue dragged down by continuing losses in Las Vegas

    Growth in China and from its digital division helped stem Q3 losses as the company looks to fourth-quarter stabilization following the divestment of its Northfield Park operations.

    By Lara Ewen • Oct. 30, 2025
  • The sun sets behind the US Capitol
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    Tom Brenner via Getty Images
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    AHLA names Brett Horton to newly created chief advocacy officer role

    The current chief of staff to U.S. House of Representatives Majority Leader Steve Scalise will oversee advocacy, political engagement and government affairs for the association.

    By • Oct. 30, 2025
  • algorithmic pricing, Cendyn, Caesars, DOJ
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    Getty Images
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    Caesars posts steep Q3 declines in Las Vegas amid tourism slump

    The resort operator saw net revenues and adjusted EBITDA drop 9.8% and 18.8% year over year, respectively, in the third quarter, but CEO Tom Reeg said a “healthier-looking market” is ahead in 2026.

    By • Oct. 29, 2025
  • A pink and blue hotel
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    "Days Inn" by Sergey Galyonkin is licensed under CC BY-SA 2.0
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    Wyndham puts 250 AI agents into production

    The hotel company’s agentic suite is providing support for guests, such as modifying bookings and offering travel recommendations.

    By Lindsey Wilkinson • Oct. 27, 2025
  • The exterior of Delano SoHo New York with the New York City skyline in the background.
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    Courtesy of Ennismore
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    Accor confirms potential Ennismore IPO: earnings report

    The France-based company also posted strong RevPAR gains in the Americas in the third quarter, which buoyed its otherwise sluggish Premium, Midscale and Economy division.

    By Lara Ewen • Oct. 27, 2025
  • An exterior view of the JW Marriott Phoenix Desert Ridge Resort & Spa in Phoenix, Arizona.
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    Retrieved from Marriott International.
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    Key hospitality industry takeaways from Lodging Conference 2025

    At the annual event in October, executives shared the biggest challenges facing hotels this year as well as top opportunities for growth.

    By • Oct. 27, 2025
  • An IHG Hotels and Resorts-branded robe
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    Jesse Grant via Getty Images
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    IHG touts new collection brand as US RevPAR slips in Q3

    The upscale to upper upscale brand will initially focus on IHG’s EMEAA region. Meanwhile, in the Americas, RevPAR in the quarter fell nearly 1%.

    By Lara Ewen • Oct. 24, 2025
  • The glass exterior of the Anaheim Convention Center features blue signage denoting Wyndham's 2023 Global Conference.
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    Courtesy of Wyndham Hotels & Resorts
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    RevPAR declines hit Wyndham in Q3, but CEO remains optimistic

    The company lowered its full-year RevPAR outlook on softened third-quarter results, though Geoff Ballotti said there is nothing structurally wrong with the economy segment.

    By • Oct. 23, 2025
  • an exterior shot of the capitol building at night
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    Kayla Bartkowski / Staff via Getty Images
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    Hotel industry urges end to government shutdown as losses hit $650M

    Now entering its fourth week, the shutdown is costing the economy $31 million per day in lost hotel business, according to the American Hotel & Lodging Association.

    By Lara Ewen • Oct. 23, 2025
  • The exterior of the Hilton Hotel Midtown Manhattan in New York City.
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    Spencer Platt via Getty Images
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    Hilton posts ‘softer-than-expected’ RevPAR for ‘noisy’ Q3

    Hilton kicked off the hotel industry’s earnings season on Wednesday. Could the company’s RevPAR declines foretell others’ results? 

    By • Oct. 22, 2025
  • Concert goers, in silhouette, clap along with a guitar player (on stage, far right), as lights cast purple, blue and pink hues.
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    "Misterwives - The Scrapbook Tour / Columbus, OH - LC Pavilion" by Kristopher Perez is licensed under CC BY 2.0
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    Wyndham debuts subscription program in latest loyalty play

    The $95 per year Wyndham Rewards Insider platform offers cost savings “across nearly every aspect of travel,” including entertainment, via a new collaboration with Ticketmaster.

    By • Oct. 22, 2025
  • An exterior image of Waldorf Astoria Monarch Beach in Dana Point, California.
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    Courtesy of San Manuel Investment Authority
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    Ohana sells remaining stake in California’s Waldorf Astoria Monarch Beach

    Buyer San Manuel Investment Authority, an instrumentality of the Yuhaaviatam of San Manuel Nation, first acquired its 40% hold in the resort in 2023.

    By Lara Ewen • Oct. 20, 2025
  • A rendering of a hotel and residences project in Miami
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    Courtesy of Mandarin Oriental Hotel Group
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    Mandarin Oriental to go private in $4.2B deal

    Jardine Matheson will acquire the remaining 11.96% stake in Mandarin Oriental through its wholly owned subsidiary Bidco.

    By Lara Ewen • Oct. 20, 2025
  • New York City skyline with urban skyscrapers at sunset
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    Getty Images
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    Manhattan hotel performance bolstered by luxury in H1

    The New York City market saw RevPAR increase 7.1% year over year in the half, led by ADR gains, as wealthy travelers immune to inflationary pressures continued to spend.

    By • Oct. 17, 2025
  • An exterior shot of The James Hotel in New York City
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    Permission granted by The James Hotel and Sonesta
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    Sonesta promotes luxury and lifestyle exec to chief development officer

    Phil Hugh will succeed Brian Quinn, who is leaving the company as part of a planned transition.

    By Lara Ewen • Oct. 17, 2025
  • The exterior of Delano SoHo New York with the New York City skyline in the background.
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    Courtesy of Ennismore
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    Ennismore signs deals for Delano hotels in New York, London

    Former Edition Hotels exec Ben Pundole will join the company as chief brand officer, ahead of Delano Miami’s opening early next year.

    By Lara Ewen • Oct. 16, 2025
  • Hospitality leaders shared the top trends driving growth across the industry at this year's Lodging Conference in Phoenix.
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    Jenna Graber/Hotel Dive
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    Top 4 hotel trends from 2025’s Lodging Conference

    At the event, hospitality executives discussed tariff and economic challenges as well as opportunities in the lifestyle segment and with artificial intelligence.

    By • Oct. 16, 2025
  • Hotel executives speak on stage at 2025's Lodging Conference.
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    Jenna Graber, Hotel Dive

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    Hospitality CEOs share what’s top of mind at Lodging Conference

    Chief executives at Highgate, Peachtree Group, Sonesta Hotels and more offered their thoughts on brand proliferation, union labor and tariffs at last week’s annual event.

    By • Oct. 15, 2025
  • Hotel employee speaks with a guest, whose back is to the camera
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    Getty Images
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    Opinion

    How hotels are solving turnover with a focus on retention

    The best hospitality brands aren’t just upgrading systems, they’re upgrading people, writes Craig Maloney, CEO of InStride.

    By Craig Maloney • Oct. 14, 2025
  • The U.S. Capitol stands in the distance as morning traffic moves along North Capitol Street Northwest on October 01, 2025 in Washington, DC. The government shut down early Wednesday after Congress failed to reach a funding deal.
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    Chip Somodevilla / Staff via Getty Images
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    US travel takes $1.2B hit as government shutdown persists

    The country is losing a significant amount of travel spending each second that the federal government is closed, according to the U.S. Travel Association.

    By • Oct. 9, 2025
  • A screen at The Lodging Conference
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    Jenna Graber, Hotel Dive

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    A pulse check on US hotel performance in a challenged economy

    At the 2025 Lodging Conference, executives and economists shared “a tale of two industries,” where economic turmoil affects different hotel consumer groups in starkly different ways.

    By • Oct. 9, 2025
  • Hotel housekeepers change bed linens.
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    Getty Images
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    Hospitality industry could face 8.6M workforce shortfall by 2035: WTTC

    A growing labor and skills shortage is stymying the potential of the travel and tourism sector, which overall is expected to be short 43 million jobs over the next decade, per a new report.

    By Michele Laufik • Oct. 9, 2025
  • A stage at The Lodging Conference.
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    Jenna Graber, Hotel Dive

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    Is hotel development healthy? Execs give temperature check at Lodging Conference

    Chief development officers from Hilton, Wyndham, Choice and more talk the impact of economic uncertainty on hotel projects and the top portfolio growth opportunities.

    By • Oct. 7, 2025
  • An image of a hotel front desk with staff blurred in background
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    Getty Images
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    Hotels remain the top lodging choice for holiday travelers

    Although four in five hotel guests plan to stay at midscale or higher-end properties by the end of the year, “rising costs and economic uncertainty are having a lingering effect on travel plans,” per AHLA CEO Rosanna Maietta.

    By Michele Laufik • Oct. 6, 2025
  • An exterior view of a hotel in Moab, Utah.
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    Courtesy of Hilton
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    Hilton debuts upscale Outset Collection brand

    The portfolio of boutique hotels will offer unique experiences in offbeat locations, helping it to stand out among competitors’ recently launched collection brands, per Hilton exec Kevin Osterhaus.

    By • Oct. 6, 2025