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.

News / Transactions Lists

Deal activity: October 25-31, 2023

By Shawn Turner | November 1, 2023

Among the noteworthy deals of the past week is Parks Hospitality Holding’s $370 million acquisition of the Boston Park Plaza form Sunstone Hotel Investors. ... Read More

News / Brands

Latest news: McKillen sells stake in Irish group; update on troubled SF hotels

By Jeffrey Weinstein | October 30, 2023

Breaking news about development, M&A, data, people and more.... Read More

News / Brands

Latest news: Hilton gets big conversion in Boston; IHG grows voco in Europe

October 27, 2023

Breaking news about development, M&A, data and more.... Read More

News / Insights

Quotes of the Week: Wyndham, Smith Hill Capital, Mohari Hospitality

By Jeffrey Weinstein | October 26, 2023

Some noteworthy quotes from the past week, including Wyndham Hotels & Resorts Chairman Stephen Holmes calling Choice Hotels' acquisition offer "a bit of a desperate plan." ... Read More

News / Mergers and Acquistions

Choice wants to reengage; Wyndham further outlines strong objections

By Jeffrey Weinstein | October 26, 2023

As Wyndham reports earnings that includes another rejection of the proposed deal, Choice said it is ready to move expeditiously to negotiate binding terms.... Read More

News / C Corps

Wyndham says Q3 results support standalone growth

By Jeffrey Weinstein | October 25, 2023

Strong 3Q23 delivered $402 million of revenues and $200 million of adjusted EBITDA, while returning $134 million of capital to shareholders.... Read More

News / Transactions Lists

Deal activity: October 16 – 23, 2023

By Shawn Turner | October 25, 2023

Among the noteworthy deals of the past week is Imagine Hospitality’s $26.5 million acquisition of Hotel Preston in Nashville, Tennessee.... Read More

News / C Corps

Update: Hilton's Nassetta foresees 6-7% growth rate

By Jeffrey Weinstein | October 25, 2023

Hilton remains on track to deliver the highest annual signings in company history, surpassing 2019 record levels by double digit percentage points, Nassetta said.... Read More

News / C Corps

IHG first to report 3Q earnings; RevPAR up 10% YOY

By Jeffrey Weinstein | October 20, 2023

CEO Maalouf suggested tailwinds from China’s ongoing rebound and broad robust rooms revenue drove strong results.... Read More

News / Insights

Quotes of the week: AAHOA, Choice Hotels, Apple Hospitality

By Jeffrey Weinstein & Rob Schneider | October 19, 2023

Some noteworthy quotes from the past week, including Choice Hotels Patrick Pacious on why Wyndham shareholders should further consider their acquisition offer.... Read More

News / Mergers and Acquistions

AAHOA steps up to disapprove of a Choice-Wyndham deal

By Jeffrey Weinstein | October 18, 2023

Association representing 20,000 owners and franchisees in the budget and limited-service spaces cries foul, calls for FTC investigation.... Read More

News / Transactions Lists

Deal activity: October 10-18, 2023

By Shawn Turner | October 18, 2023

Among the noteworthy deals of the past week is Pebblebrook Hotel Trust’s $68.5 million sale of Hotel Zoe Fisherman’s Wharf in San Francisco. ... Read More

News / Mergers and Acquistions

Will Choice sweeten its offer to acquire rival Wyndham?

By Jeffrey Weinstein | October 17, 2023

In a hostile bid, Choice offer includes $90 per share, payable in a mix of cash and stock. But Wyndham rejects the offer citing significant business and execution risks.... Read More

News / Mergers and Acquistions

Pebblebrook reduces SF exposure with Hotel Zoe sale

By Jeffrey Weinstein | October 16, 2023

Sale price to unnamed buyer well below 2015 acquisition price of the Fisherman's Wharf asset.... Read More

News / Owners

Why Apple Hospitality is one of few REITs active in deal space

By Rob Schneider | October 13, 2023

With four newly announced deals, the Richmond, Virginia-based REIT's ability to be an all-cash buyer gives them deal flexibility and high certainty of close.... Read More

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