Wall Street

Read the latest on the public hotel companies in the industry in Hotel Investment Today's The Wall Street section. This section provides comprehensive coverage on the latest updates and insights on financial activities such as analysis of quarterly earnings reports, mergers and acquisitions, market trends, investment strategies, and more that are impacting the hotel investment industry.
Choice lowers RevPAR guidance for the rest of 2024
News / C Corps
Choice lowers RevPAR guidance for the rest of 2024
By Rob Schneider | August 8, 2024
The company saw new quarterly records for total revenue and adjusted EBITDA but said its Q2 RevPAR was down 0.5% year over year. ... Read More
US RevPAR stabilizing; CMBS, SASB fuels big deals: JLL
News / Mergers and Acquisitions
US RevPAR stabilizing; CMBS, SASB fuels big deals: JLL
By Jeffrey Weinstein | August 7, 2024
The brokerage and advisory publishes its US investment trends report, suggesting capital will gravitate to assets in high barrier-to-entry markets that cater to a diverse customer mix.... Read More
Hilton’s Nassetta talks macros, consumer trends
News / C Corps
Hilton’s Nassetta talks macros, consumer trends
By Jeffrey Weinstein | August 7, 2024
During 2Q24 earnings call, the president and CEO expresses confidence in delivering as he discusses global performance, growth opportunities.... Read More
Latest news: $1B Boca Raton refi; Rosewood adds Exuma; Kimpton to Orlando
News / Mergers and Acquisitions
Latest news: $1B Boca Raton refi; Rosewood adds Exuma; Kimpton to Orlando
By Rob Schneider | August 7, 2024
Breaking news on development, deals, data and more.... Read More
Why softening in China is having global impact on Hyatt
News / C Corps
Why softening in China is having global impact on Hyatt
By Rob Schneider | August 7, 2024
While the company had plenty of positive news in its Q2 earnings, a dropoff in business in Greater China has caused Hyatt to reduce some full-year guidance.... Read More
Hilton beats on 2Q earnings, boasts bigger pipeline
News / C Corps
Hilton beats on 2Q earnings, boasts bigger pipeline
By Jeffrey Weinstein | August 7, 2024
Solid operating performance in 2Q keeps Hilton ahead of estimates; bolt-ons like Graduate and partnership with SLH drives peer-leading net unit growth.... Read More
Latest news: Noble acquires in Florida; lender takes former Trump; Apple REIT earnings
News / Mergers and Acquisitions
Latest news: Noble acquires in Florida; lender takes former Trump; Apple REIT earnings
By Rob Schneider | August 6, 2024
Breaking news on development, deals, data and more.... Read More
Hyatt lowers full-year RevPAR guidance in Q2 earnings
News / C Corps
Hyatt lowers full-year RevPAR guidance in Q2 earnings
By Rob Schneider | August 6, 2024
The company also reported a record pipeline that has increased by 9%. It also reported net room share growth but lowered its full-year guidance on RevPAR and adjusted EBITDA.... Read More
Hoteliers fight NYC licensing bill
News / Asset Management
Hoteliers fight NYC licensing bill
By Jeffrey Weinstein | August 5, 2024
AHLA leader calls Hotel Safety Act ‘damaging,’ while the head of the NYC hotel association said it’s a ‘death knell’ for many small hotels. ... Read More
Latest news: Soft June in Hawaii; W grows in China; RLJ lowers guidance
News / Brands
Latest news: Soft June in Hawaii; W grows in China; RLJ lowers guidance
By Jeffrey Weinstein | August 2, 2024
Breaking news on development, deals, data and more.... Read More
Headwinds from Maui, leisure travel guides Host lower
News / REITs
Headwinds from Maui, leisure travel guides Host lower
By Rob Schneider | August 1, 2024
Headwinds from Maui, leisure travel lead Host to lower guidance false Headwinds from Maui, leisure travel lead Host to lower guidance The largest REIT in the U.S. said Maui demand is lower than expected, and leisure travel is slowing. But Host is still optimistic about demand returning. The larges... Read More
Quotes of the Week: Marriott, Wyndham, Ashford, Omni
News / Insights
Quotes of the Week: Marriott, Wyndham, Ashford, Omni
By Jeffrey Weinstein & Rob Schneider | August 1, 2024
Noteworthy quotes from stories of the past week include Wyndham CEO Geoff Ballotti talking about his confidence in select-service RevPAR bouncing back.... Read More
Best quotes from Marriott’s 2Q earnings call
News / C Corps
Best quotes from Marriott’s 2Q earnings call
By Jeffrey Weinstein | July 31, 2024
Marriott lost almost 5% of its stock value following its 2Q24 earnings report on Wednesday. Leadership put results into perspective on the earnings call. ... Read More
Latest news: MHG adds in Boca; HHP acquires in DC; Dallas pipeline leads again
News / Mergers and Acquisitions
Latest news: MHG adds in Boca; HHP acquires in DC; Dallas pipeline leads again
By Rob Schneider | July 31, 2024
Breaking news about development, deals, data and more.... Read More
Ashford Hospitality Trust wants to pay off debt by year end
News / REITs
Ashford Hospitality Trust wants to pay off debt by year end
By Rob Schneider | July 31, 2024
The REIT has been selling off assets and handing keys back to lenders as part of a plan to pay off its financing. Now, it says it plans to pay off its debt by the end of 2024.... Read More