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.
Deal activity: May 1-8, 2024
News / Transactions Lists
Deal activity: May 1-8, 2024
By Shawn Turner | May 8, 2024
Among the noteworthy deals of the past week was Related Companies selling the W Fort Lauderdale to Blackstone for $97.6 million.... Read More
Choice’s earnings mixed bag: RevPAR down, pipeline up
News / C Corps
Choice’s earnings mixed bag: RevPAR down, pipeline up
By Rob Schneider | May 8, 2024
In its first earnings since failed Wyndham bid, RevPAR and fees were down but EBITDA and pipeline were up.... Read More
Why Apple REIT is taking a bigger bite of larger deals
News / REITs
Why Apple REIT is taking a bigger bite of larger deals
By Rob Schneider | May 7, 2024
Apple Hospitality CEO Justin Knight said the transaction landscape hasn’t changed radically, which helps the REIT’s ability to compete, especially on larger deals. ... Read More
Choice’s CDO on where he thinks the company can grow
News / Franchising
Choice’s CDO on where he thinks the company can grow
By Rob Schneider | May 6, 2024
Choice Hotels International Chief Development Officer David Pepper talks about extended-stay, NUG and the premium value space.... Read More
Latest news: Extended-stay takes hit; Charlottesville deal; Accor soft brand to SF
News / Owners
Latest news: Extended-stay takes hit; Charlottesville deal; Accor soft brand to SF
By Jeffrey Weinstein | May 6, 2024
Breaking news about M&A, development, data and more.... Read More
‘Scale matters’: Why appetite for M&A is still there for Choice
News / Franchising
‘Scale matters’: Why appetite for M&A is still there for Choice
By Rob Schneider | May 3, 2024
Choice Hotels International CEO Patrick Pacious talks about M&A, moving up segments and the success of its extended-stay brands.... Read More
11 insightful quotes of the week: Marriott, sbe, L+R, CHTA and more
News / Insights
11 insightful quotes of the week: Marriott, sbe, L+R, CHTA and more
By Jeffrey Weinstein & Rob Schneider | May 2, 2024
Noteworthy quotes from our stories over the past week include a consultant in India discussing how prolonged timelines must be addressed to get deals done in burgeoning India.... Read More
Colorful takeaways from Marriott earnings call
News / C Corps
Colorful takeaways from Marriott earnings call
By Jeffrey Weinstein | May 1, 2024
China rebound has fits and starts; group business continues to drive performance; interest rate uncertainty has less of an impact; strong dollar bodes well for international markets.... Read More
Why the US pipeline is still surging
News
Why the US pipeline is still surging
By Rob Schneider | May 1, 2024
The latest data from Lodging Econometrics reveals record highs in projects and rooms for the U.S. pipeline through the first quarter.... Read More
Asia Pac rebound highlights Marriott’s earnings
News / C Corps
Asia Pac rebound highlights Marriott’s earnings
By Jeffrey Weinstein | May 1, 2024
Excluding China, Marriott grew RevPAR by 17% in Asia Pacific during the first quarter; the company also highlighted continued strength in group business. ... Read More
Host deals for 721-room Nashville complex: report
News / Mergers and Acquistions
Host deals for 721-room Nashville complex: report
By Jeffrey Weinstein | April 30, 2024
Largest REIT pays $530 million to Starwood Capital-led ownership group for 1 Hotel and adjacent Embassy Suites next to convention center.... Read More
CHRIS-HOLA recognizes leadership, dealmaking
News / Caribbean
CHRIS-HOLA recognizes leadership, dealmaking
By Jeffrey Weinstein | April 29, 2024
Playa’s Wardinski honored with Lifetime Achievement Award; Westin and Wyndham take home deal awards for the Caribbean and Latin America. ... Read More
CHRIS-HOLA notebook
News / Latin America
CHRIS-HOLA notebook
By Jeffrey Weinstein | April 29, 2024
Development updates from meeting with Wyndham, Hyatt and Ecuador. ... Read More
Ashford Hospitality Trust hands keys to 14 hotels to lenders
News / REITs
Ashford Hospitality Trust hands keys to 14 hotels to lenders
By Rob Schneider | April 29, 2024
It’s been a busy year for the Dallas-based REIT since it announced its desire to break pencils on 19 underperforming hotels last July. ... Read More
Hilton has grand visions for small NoMad brand
News / Brands
Hilton has grand visions for small NoMad brand
By Jerry Limone and Christina Jelski | April 26, 2024
Hilton CEO Chris Nassetta said the NoMad acquisition was a “very efficient way” to get into luxury lifestyle hotels, a sector Hilton has aimed to enter for years. ... Read More