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.
China aside, APAC markets shine in 2Q24 for Marriott
News / C Corps
China aside, APAC markets shine in 2Q24 for Marriott
By Jeffrey Weinstein | July 31, 2024
Asia Pacific, excluding China, posts 13% RevPAR increase over last year; Marriott maintains 5.5% to 6% full year rooms growth.... Read More
Here are the top transactions of 2024
News / Mergers and Acquisitions
Here are the top transactions of 2024
By Rob Schneider | July 29, 2024
CoStar ranked the top 10 hotel transactions by price-per-room and room count. Here’s a closer look at the data.... Read More
Wyndham CEO on why he thinks the current RevPAR market is ‘transitory’
News / C Corps
Wyndham CEO on why he thinks the current RevPAR market is ‘transitory’
By Rob Schneider | July 26, 2024
 During the company’s second-quarter earnings call, CEO Geoff Ballotti said he’s bullish on the select-service market in the U.S. and Wyndham’s development pipeline. ... Read More
Quotes of the Week: FTI Consulting, Sunset Hotels & Resorts, Certares
News / Insights
Quotes of the Week: FTI Consulting, Sunset Hotels & Resorts, Certares
By Jeffrey Weinstein & Rob Schneider | July 25, 2024
Top quotes from the week's stories, including FTI Consulting's talking about Selina Hospitality's insolvency challenges.... Read More
Why Travel + Leisure is optimistic about the rest of 2024
News / C Corps
Why Travel + Leisure is optimistic about the rest of 2024
By Rob Schneider | July 25, 2024
CEO Michael Brown talks about an optimistic earnings report, success in selling to new customers and overall trends in vacation ownership.... Read More
Latest news: Finance for Kauai resort; Bally's merger; residences for Nevis
News / Owners
Latest news: Finance for Kauai resort; Bally's merger; residences for Nevis
July 25, 2024
Breaking news about deals, development, finance, data and more.... Read More
Wyndham cuts full-year RevPAR guidance in Q2 earnings
News / C Corps
Wyndham cuts full-year RevPAR guidance in Q2 earnings
By Rob Schneider | July 24, 2024
The company updated its RevPAR growth outlook to essentially flat year-over-year but didn’t change adjusted EBITDA guidance.... Read More
Starwood Capital selling again with Yotel deal
News / Mergers and Acquisitions
Starwood Capital selling again with Yotel deal
By Jeffrey Weinstein | July 24, 2024
After selling the 1 Hotel Central Park, Barry Sternlicht's PE giant unloads the Yotel in Edinburgh to a U.K.-based PE firm.... Read More
Deal activity: July 16-24, 2024
News / Transactions Lists
Deal activity: July 16-24, 2024
By Shawn Turner | July 24, 2024
Among the noteworthy deals of the past week was JRK Property Holdings’ acquisition of the Hilton La Jolla Torrey Pines in La Jolla, California, from REIT Braemar Hotels & Resorts for $165 million.  ... Read More
Latest news: Trinity's strategic hire; Sonesta's first in Mexico; Valencia's big deal
News / Owners
Latest news: Trinity's strategic hire; Sonesta's first in Mexico; Valencia's big deal
By Jeffrey Weinstein | July 23, 2024
Breaking news about deals, development, data, people and more.... Read More
Selina Hospitality collapsing in insolvency
News / Debt and Equity
Selina Hospitality collapsing in insolvency
By Jeffrey Weinstein | July 22, 2024
Once valued at $1.2 billion, the “digital nomads” lifestyle brand will be delisted from the Nasdaq. ... Read More
Latest news: Raffles gets Tokyo; Marriott residences growth; Taj first residence
News / Management
Latest news: Raffles gets Tokyo; Marriott residences growth; Taj first residence
By Jeffrey Weinstein | July 22, 2024
Latest news: Marriott residences growth; Amex on T&E spending; Taj's first residence false Breaking news about development, deals, data and more. Brought to you by 0 0 74 News AHLA comments on NYC hotel license bill. On July 18, New York Cit... Read More
Big bump in price, number of trades in the US
News / Mergers and Acquisitions
Big bump in price, number of trades in the US
By Jeffrey Weinstein | July 22, 2024
Year-over-year comparisons for 2Q24 from LWHA shows 36% increase in number of deals over $10 million and 63% bump in dollar volume. ... Read More
Certares' Hecht on M&A disconnect, finding pockets
News / Mergers and Acquisitions
Certares' Hecht on M&A disconnect, finding pockets
By Rob Schneider | July 19, 2024
Certares’ Nolan Hecht talks about hotel M&A, “pocket” neighborhoods and what's surprising him about group travel this summer.... Read More
US construction activity highest since February 2023
News
US construction activity highest since February 2023
By Jeffrey Weinstein | July 18, 2024
The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to June data from CoStar.... Read More