Luxury

Read the latest trends and developments in the luxury hotel segment through Hotel Investment Today's dedicated section. Our detailed coverage includes market forecasts, development, financing news, strategic growth opportunities, and more that impact this hotel segment.
Latest news: JRK closes in La Jolla; Virgin, Preferred partner; new Perry in Florida
News / Owners
Latest news: JRK closes in La Jolla; Virgin, Preferred partner; new Perry in Florida
By Rob Schneider | July 18, 2024
Breaking news about deals, development, data and more.... Read More
Deal activity: July 10-16, 2024
News / Transactions Lists
Deal activity: July 10-16, 2024
By Shawn Turner | July 18, 2024
Deal activity: July 10-16, 2024 false Deal activity: July 10-16, 2024 Among the noteworthy deals of the past week was the Finvarb Group selling the Courtyard by Marriott Palm Beach Jupiter to Umbrella Point Holdings for $20.9 million. Among the noteworthy deals of the past week was the Finvarb G... 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
Quotes of the Week: Certares, Coury, Auberge, InnVentures
News / Insights
Quotes of the Week: Certares, Coury, Auberge, InnVentures
By Jeffrey Weinstein & Rob Schneider | July 18, 2024
Noteworthy quotes from top stories of the past week include Certares' Nolan Hecht about current acquisition dynamics.... Read More
Hyatt bidding for Standard International: Report
News / Mergers and Acquisitions
Hyatt bidding for Standard International: Report
By Jeffrey Weinstein | July 18, 2024
Bloomberg is citing sources saying Hyatt is pursuing another bolt-on lifestyle hotel company as it extends its asset-light growth strategy.... Read More
Why Certares is so optimistic about the M&A market
News / Mergers and Acquisitions
Why Certares is so optimistic about the M&A market
By Rob Schneider | July 17, 2024
Nolan Hecht, whose company has already acquired two high-profile assets in 2024, said he thinks this is one of the best hotel acquisition periods in decades. Here's why.... Read More
Latest news: New Rosewood residences; 1 Central Park deal closes; IHG adds in AUS
News / Brands
Latest news: New Rosewood residences; 1 Central Park deal closes; IHG adds in AUS
By Rob Schneider | July 17, 2024
Breaking news about deals, development, data and more.... Read More
IHG ups sustainability ante with low carbon program
News
IHG ups sustainability ante with low carbon program
By Jeffrey Weinstein | July 17, 2024
Three hotels launch “Pioneers” program that requires no fossil fuels combusted on site and offers special listing on booking channels.... Read More
Lower US construction cost growth buoys spending: JLL
News
Lower US construction cost growth buoys spending: JLL
By Jeffrey Weinstein | July 17, 2024
New report suggests the U.S. construction industry has shown resilience amidst global conflicts leading to stabilized construction costs.... Read More
Luxury hoteliers now doing a better job: J.D. Power
News
Luxury hoteliers now doing a better job: J.D. Power
By Rob Schneider | July 16, 2024
The J.D. Power study finds that high-end hotel segments are seeing steady guest satisfaction improvement while more affordable hotel segments are showing declines.... Read More
Latest news: Tafer's new management arm; refi in Silicon Valley; Raines adds in GA
News / Management
Latest news: Tafer's new management arm; refi in Silicon Valley; Raines adds in GA
By Rob Schneider | July 16, 2024
Latest news: Tafer launches management arm; refi in Silicon Valley; Raines adds in GA false Latest news: Tafer launches management arm; refi in Silicon Valley; Raines adds in GA Breaking news about deals, development, data and more. Breaking news about deals, development, data and more.... Read More
Global Hotel Alliance, now 20, seeks corporate niche
News / Asset Management
Global Hotel Alliance, now 20, seeks corporate niche
By Chris Davis | July 16, 2024
CEO Chris Hartley talks about the state of the network, business travel trends and the promise of direct booking. ... Read More
How Portugal’s hospitality business has bounced back
News / EMEA
How Portugal’s hospitality business has bounced back
By Rob Schneider | July 15, 2024
 The country has surpassed pre-COVID levels in overnight stays, RevPAR and hotel investment, according to a report from Global Asset Solutions.... Read More
Goldman mulls €3B-plus offers for B&B: Report
News / Mergers and Acquisitions
Goldman mulls €3B-plus offers for B&B: Report
By Rob Schneider | July 15, 2024
The French budget hotel chain, which recently debuted in the U.S., operates over 650 hotels in Europe. Multiple PE firms have made sizeable bids for the company.... Read More
Latest news: 2 Santa Monica refis; YTL adds in Thailand; new CIO at First Hospitality
News / Financing
Latest news: 2 Santa Monica refis; YTL adds in Thailand; new CIO at First Hospitality
By Rob Schneider | July 15, 2024
Breaking news about deals, development, data and more.... Read More