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.
Latest news: Dean Group to Florida; AJ buys in N. Ireland; A-1 partners with Delta Inn
News / Owners
Latest news: Dean Group to Florida; AJ buys in N. Ireland; A-1 partners with Delta Inn
By Rob Schneider | December 11, 2024
Breaking news on deals, development, data and more.... Read More
MCR acquires Hyatt Regency O’Hare Chicago
News / Mergers and Acquisitions
MCR acquires Hyatt Regency O’Hare Chicago
By Rob Schneider | December 11, 2024
MCR, the third largest hotel owner-operator in the U.S., has acquired the largest hotel near Chicago O’Hare International Airport for an undisclosed amount.... Read More
Cleveland NFL project will include two hotels
News / Owners
Cleveland NFL project will include two hotels
By Rob Schneider | December 10, 2024
The 176-acre mixed-use development, which will be anchored with a new NFL stadium, will ultimately include two upscale hotels, 1,100 apartments and 300,000 sq. ft. in retail space.... Read More
Summit acquires two hotels for $96M through JV
News / Mergers and Acquisitions
Summit acquires two hotels for $96M through JV
By Rob Schneider | December 10, 2024
The Austin, Texas REIT acquired hotels in Boston and the Washington, D.C., suburb of Vienna, Virginia, through its joint venture with GIC for $241,000 per key.... Read More
F&B is driving labor cost growth in 2024: STR
News
F&B is driving labor cost growth in 2024: STR
By Rob Schneider | December 10, 2024
The research found that while room labor makes up the highest proportion of staffing expenses, an increase in F&B labor costs is driving most of the increase.... Read More
Clarion Partners refinances 52-hotel portfolio
News / Debt and Equity
Clarion Partners refinances 52-hotel portfolio
By Jeffrey Weinstein | December 10, 2024
A $677 million deal for 7,677 keys comes after $500 million in capex over the past 20 years, including $257 million over the past five years.... Read More
Latest news: Pierre on market again?; update on Sunstone rumor; Azul grows Red Cliffs
News / Mergers and Acquisitions
Latest news: Pierre on market again?; update on Sunstone rumor; Azul grows Red Cliffs
By Jeffrey Weinstein | December 10, 2024
Breaking news on deals, development, data and more.... Read More
Latest news: Loan for Cali hotel; Ashford converts in Florida; Lore converts Mondrian
News / Financing
Latest news: Loan for Cali hotel; Ashford converts in Florida; Lore converts Mondrian
December 9, 2024
Breaking news about deals, development, data and more.... Read More
After Olympic surge, secondary French markets still golden
News / EMEA
After Olympic surge, secondary French markets still golden
By Tamara Thiessen | December 6, 2024
Global chains and local investors are targeting France’s secondary cities such as Nice, Lyon and Marseille bolstered by bleisure travel demands and regional dynamism.... Read More
Hotel executive moves: Beaumier, Doyle Collection, Rosen Hotels
News / Owners
Hotel executive moves: Beaumier, Doyle Collection, Rosen Hotels
By Rob Schneider | December 6, 2024
Here’s a roundup of the top hotel executive moves of the past week.... Read More
Latest news: Fontainebleau refi; Brookfield buys in Brisbane; Vegas arena hotel
News / Financing
Latest news: Fontainebleau refi; Brookfield buys in Brisbane; Vegas arena hotel
By Rob Schneider | December 6, 2024
Breaking news about deals, development, data and more.... Read More
Evolving role of the competitor set
News / Contributed Perspectives
Evolving role of the competitor set
By Dimitris Mittas | December 6, 2024
How comparing yourself to others helps you adapt pricing strategy and can really make you better.... Read More
Covivio, AccorInvest finalize almost €800M deal
News / Mergers and Acquisitions
Covivio, AccorInvest finalize almost €800M deal
By Rob Schneider | December 5, 2024
Covivio now owns 43 hotels in France, Belgium, and Germany and sells 16 hotels to AccorInvest in the same regions. Several management firms are also involved to help accelerate the repositioning plan.... Read More
Deal activity: November 20-December 3, 2024
News / Transactions Lists
Deal activity: November 20-December 3, 2024
By Shawn Turner | December 5, 2024
Among the noteworthy deals of the past week was the Czechoslovak Group’s acquisition of the Four Seasons Hotel in Prague in the Czech Republic from Northwood Investors for a reported CZK 4.7 billion ($195.24 million).... Read More
Latest news: Deals in EMEA, Asia dominate; new CEO for Beaumier
News / Mergers and Acquisitions
Latest news: Deals in EMEA, Asia dominate; new CEO for Beaumier
By Rob Schneider | December 5, 2024
Breaking news about deals, development, data and more.... Read More