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: New LA hotel next to SoFi; Sunstone settles strike; Wynn UAE updates
News / Owners
Latest news: New LA hotel next to SoFi; Sunstone settles strike; Wynn UAE updates
By Rob Schneider | October 11, 2024
Breaking news about deals, development, data and more.... Read More
‘Cautious optimism’ back at The Lodging Conference
News / Owners
‘Cautious optimism’ back at The Lodging Conference
By Jeffrey Weinstein | October 11, 2024
CEO panelists said comparisons to 2019 and the start of the pandemic are finished, dealmaking will return in earnest in 2025, and close by offering leadership tips. ... Read More
Marriott will pay $52M, improve cybersecurity to settle multiple data breaches
News / Brands
Marriott will pay $52M, improve cybersecurity to settle multiple data breaches
By Mitra Sorrells | October 10, 2024
The settlements resolve a case with 49 states and come with an FTC directive to implement a “robust information security program.”... Read More
Deal activity: October 1-8, 2024
News / Transactions Lists
Deal activity: October 1-8, 2024
By Shawn Turner | October 10, 2024
Among the noteworthy deals of the past week was Nrep’s acquisition of the Clarion Hotel Stockholm from Aspelin Ramm Fastigheter.... Read More
Latest news: Ritz-Carlton returns to Cancun; DC area hotel sells; Euro deals up
News / Brands
Latest news: Ritz-Carlton returns to Cancun; DC area hotel sells; Euro deals up
By Rob Schneider | October 10, 2024
Breaking news about deals, development, data and more.... Read More
Quotes of the Week: Bickson Hospitality, Marriott, Wyndham
News / Insights
Quotes of the Week: Bickson Hospitality, Marriott, Wyndham
October 10, 2024
Noteworthy quotes of the week, including Raymond Bickson eulogizing legendary business titan and leader of Indian Hotels Co. Ltd., Ratan Tata.... Read More
Middle East pipeline surges past 600 projects: LE
News / EMEA
Middle East pipeline surges past 600 projects: LE
By Rob Schneider | October 9, 2024
Lodging Econometrics said the region is experiencing a surge of projects scheduled to start in the next 12 months. Saudi Arabia and Egypt also have pipelines with record-high levels.... Read More
Latest news: Waldorf in NYC delayed; Trump Org’s Vietnam deal; Swiss Life, B&B complete deal
News / Owners
Latest news: Waldorf in NYC delayed; Trump Org’s Vietnam deal; Swiss Life, B&B complete deal
By Rob Schneider | October 9, 2024
Breaking news about deals, development, data and more.... Read More
Waiting around at The Lodging Conference
News
Waiting around at The Lodging Conference
By Jeffrey Weinstein | October 8, 2024
The mood remains positive as U.S. performance mulls along, but most dealmakers are holding tight, waiting for the Fed to make its next moves, which might be impacted by the outcome of the Presidential election.... Read More
Latest news: Caliber Hospitality adds 7; $100M refi in New Orleans; Florida resorts shutter
News / Mergers and Acquisitions
Latest news: Caliber Hospitality adds 7; $100M refi in New Orleans; Florida resorts shutter
By Rob Schneider | October 8, 2024
Breaking news about deals, development, data and more.... Read More
Inside Veranó’s ‘city house’ concept for Puerto Rico
News / Brands
Inside Veranó’s ‘city house’ concept for Puerto Rico
By Rob Schneider | October 7, 2024
The company is introducing a new luxury lifestyle brand by opening the Veranó San Juan next spring. There’s more in the pipeline for Puerto Rico and around the world.... Read More
Latest news: Trio of notable CMBS refinances; South Beach hotel sells; Aimbridge touts changes
News / Financing
Latest news: Trio of notable CMBS refinances; South Beach hotel sells; Aimbridge touts changes
By Rob Schneider | October 7, 2024
Breaking news about deals, development, data and more.... Read More
Choice conversion encore: Lobby in a Box
News / Brands
Choice conversion encore: Lobby in a Box
By Jeffrey Weinstein | October 7, 2024
 After rolling out Kitchen in a Box to help drive faster and cheaper conversions to their extended-stay brands, Choice Hotels has another plug-and-play package to create lobby marketplaces.  ... Read More
Wyndham creates new accelerator for diverse developers
News / Brands
Wyndham creates new accelerator for diverse developers
By Rob Schneider | October 7, 2024
The Accelerator Circle will help with peer-to-peer connections and mentorship for Wyndham’s Black Owners and Lodging Developers and Women Own the Room programs.... Read More
Hotel executive moves: BWH, OTO Development, Outrigger, Seibu Prince
News / Owners
Hotel executive moves: BWH, OTO Development, Outrigger, Seibu Prince
By Rob Schneider | October 4, 2024
Here’s a roundup of the top hotel executive moves of the past week.... Read More