Upper Midscale

Read the latest trends and developments in the upper midscale hotel segment through Hotel Investment Today's dedicated section. Our detailed coverage includes market forecasts, financing news, strategic growth opportunities, and more that impact this hotel segment.
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
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
Highgate’s select, extended-stay manager gains traction
News / Management
Highgate’s select, extended-stay manager gains traction
By Jeffrey Weinstein | July 16, 2024
Expanding InnVentures adds two Embassy Suites and expects to add more markets after adding 25 hotels last year.  ... 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
Coury creates complementary management company
News / Management
Coury creates complementary management company
By Jeffrey Weinstein | July 16, 2024
Concert Hospitality will grow in the full- and limited-service sectors, bringing Coury's tested strategies to a new niche.... 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
London dominates Europe’s construction pipeline
News / EMEA
London dominates Europe’s construction pipeline
By Rob Schneider | July 12, 2024
The latest data from Lodging Econometrics shows the city leading in total projects, including ones currently under construction, future projects, and renovations/conversions.... Read More