Economy Hotel

Stay informed with the latest trends and developments in the economy hotel segment through Hotel Investment Today's dedicated section. Our coverage includes market forecasts, financing news, strategic growth opportunities, and more that impact this budget-friendly hotel segment.
Latest news: $50M refi in Savannah; Sofitel to debut in Dublin; adaptive reuse in Georgia
News / Financing
Latest news: $50M refi in Savannah; Sofitel to debut in Dublin; adaptive reuse in Georgia
By Rob Schneider | November 6, 2024
Breaking news about deals, development, data and more.... Read More
Latest news: Apple sells 4 for $31M; WorldHotels hard brands; record Ryman result
News / REITs
Latest news: Apple sells 4 for $31M; WorldHotels hard brands; record Ryman result
By Rob Schneider | November 5, 2024
Breaking news about deals, development, data and more.... Read More
Meyer Jabara adds 14 Griffin Hotel assets
News / Management
Meyer Jabara adds 14 Griffin Hotel assets
By Jeffrey Weinstein | November 5, 2024
The merger of management companies moves MJH further West, closer to its goal of reaching 50 hotels by Q1 2025. ... Read More
Choice’s pipeline more valuable than what it’s replacing
News / C Corps
Choice’s pipeline more valuable than what it’s replacing
By Rob Schneider | November 4, 2024
During the company’s third-quarter earnings calls, CEO Patrick Pacious discussed what that premium pipeline means for Choice’s future.... Read More
Latest news: Davidson expands portfolio; Loews reports loss; Hilton adds in Italy
News / Financing
Latest news: Davidson expands portfolio; Loews reports loss; Hilton adds in Italy
By Rob Schneider | November 4, 2024
Breaking news about deals, development, data and more.... Read More
Choice posts record quarterly revenue
News / C Corps
Choice posts record quarterly revenue
By Rob Schneider | November 4, 2024
The company also increased its full-year domestic RevPAR guidance by 100 basis points and increased its net unit growth driven by Choice’s upscale, extended-stay and midscale rooms portfolio.... Read More
Group continues to drive Marriott performance
News / C Corps
Group continues to drive Marriott performance
By Jeffrey Weinstein | November 4, 2024
Higher G&A creates slight earnings miss but performance continues to beat as the year winds down.... Read More
Hotel executive moves: AHLA, Mandarin Oriental, Meliá,  Minor
News / Owners
Hotel executive moves: AHLA, Mandarin Oriental, Meliá, Minor
By Rob Schneider | November 1, 2024
Hotel executive moves: AHLA, Mandarin Oriental, Meliá, Minor false Hotel executive moves: AHLA, Mandarin Oriental, Meliá, Minor Here’s a roundup of the top hotel executive moves of the past week. Here’s a roundup of the top hotel executive moves of the past week. Brought to you by... Read More
Latest news: $691M deal largest for APAC; IHG adds in Indianapolis; $550M Florida refi
News / Mergers and Acquisitions
Latest news: $691M deal largest for APAC; IHG adds in Indianapolis; $550M Florida refi
By Rob Schneider | November 1, 2024
Breaking news about deals, development, data and more.... Read More
Slowing RevPAR growth impacts brand selection: CBRE
News / Brands
Slowing RevPAR growth impacts brand selection: CBRE
By Jeffrey Weinstein | November 1, 2024
New report suggests with only 30% of brands examined achieving above-average RevPAR growth over the past five years, brand selection even more critical. ... Read More
Hyatt CEO explains reasons for lowering net room guidance
News / C Corps
Hyatt CEO explains reasons for lowering net room guidance
By Rob Schneider | November 1, 2024
Mark Hoplamazian talked about how brand standards and higher attrition played a role in NUG revision; further analysis of Grupo Piñero and pursuit of an asset-light strategy.... Read More
Quotes of the Week: Hyatt, AHLA, Wyndham, Noble
News / Insights
Quotes of the Week: Hyatt, AHLA, Wyndham, Noble
By Jeffrey Weinstein & Rob Schneider | October 31, 2024
Noteworthy quotes from stories of the past week include Hyatt's Mark Hoplamazian on their deal with Grupo Piñero.... Read More
AHLA names Rosanna Maietta new leader
News / North America
AHLA names Rosanna Maietta new leader
By Jeffrey Weinstein | October 31, 2024
The former head of the AHLA Foundation and head of communications returns to the fold to drive the association’s mission. ... Read More
Latest news: Lauderdale megadevelopment; Booking earnings; robust LatAm pipeline
News / Owners
Latest news: Lauderdale megadevelopment; Booking earnings; robust LatAm pipeline
By Jeffrey Weinstein | October 31, 2024
Breaking news about deals, development, data and more.... Read More
Hyatt reports solid earnings, adjusts NUG outlook
News / C Corps
Hyatt reports solid earnings, adjusts NUG outlook
By Jeffrey Weinstein | October 31, 2024
Hyatt 3Q24 beats on RevPAR performance, but excluding the Grupo Piñero deal lowered its full year net rooms growth outlook 150 bps to 4.0 to 4.5%.... Read More