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.

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

News / Brands

Latest news: Accor selling assets; Hilton adds in Warsaw; LuxUrban-Trademark conversions

By Jeffrey Weinstein | October 13, 2023

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

News

Short-term rentals gaining ground: AirDNA, STR

By Derek Catron | October 13, 2023

Share grows to 15% in 2023 from 8% in 2018. Less-populated areas seem to have the most traction.... Read More

News / Asset Management

Hoteliers say transparency has mostly solved the "junk fee" problem

By Rob Schneider | October 13, 2023

Legislation was signed last week in California aimed at “junk fees,” stating the final total must be disclosed upfront. Hoteliers say they are already there.... Read More

News / Insights

Quotes of the Week: Omni, Pro-Invest, Meyer Jabara

October 12, 2023

Some noteworthy quotes from the past week, including new Omni Hotels & Resorts President Kurt Alexander discussing growth, repositioning plans.... Read More

News / Owners

Pro-Invest rises in Australia and wants more

By Raini Hamdi | October 11, 2023

CEO Jan Smits shows how Pro-Invest Group delivers a 20% annual internal rate of return.... Read More

News / Brands

Latest news: Apple REIT buying 4; IHG adds in Portugal; first Spark by Hilton

By Jeffrey Weinstein & Rob Schneider | October 11, 2023

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

News / Transactions Lists

Deal activity: October 3-10, 2023

By Shawn Turner | October 11, 2023

Among the noteworthy deals of the past week is Kastrati Group’s acquisition of the SLS Brickell Miami from Qatar’s Al Thanis family.... Read More

News / Brands

Inside Omni’s plans to raise the ceiling, expand its footprint

By Rob Schneider | October 10, 2023

President Kurt Alexander talks about potentially doubling the company's footprint in the next five years and why new COO Vince Parrotta is key to elevating the quality of its brand.... Read More

News / Brands

Latest news: Ennismore, Hilton growth; research on travel tech preferences

By Jeffrey Weinstein & Rob Schneider | October 9, 2023

The latest on development, M&A, data and more.... Read More

News / EMEA

First look at the impact of war in Israel

By Jeffrey Weinstein | October 9, 2023

Local hoteliers will face multiple challenges, but the global corporate operators have limited exposure.... Read More

News / Brands

Latest news: NewcrestImage buys; Wyndham grows Dolce; meet the Michelin Key

By Jeffrey Weinstein | October 9, 2023

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

News

Amex GBT projects higher 2024 rates, occupancy

By Angelique Platas | October 6, 2023

Report authors concluded occupancy and room rates “are no longer linked” as hotels are “happy with lower occupancy so long as they can raise their rates.”... Read More

News

Top hoteliers partner to improve supplier sustainability initiatives

October 6, 2023

The Hospitality Alliance for Responsible Procurement (HARP) seeks to improve supply chain logistics, collaboration, transparency and economies of scale with its trading partners.... Read More

News / Owners

LionGrove, roaring in Puerto Rico, is expanding into the US

By Rob Schneider | October 5, 2023

Owner-operator LionGrove has three properties in Puerto Rico valued at over $300 million. Now, it wants to take that approach to the U.S. and has $1B in assets as its goal.... Read More

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