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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.
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Owners
Latest news: Dean Group to Florida; AJ buys in N. Ireland; A-1 partners with Delta Inn
By Rob Schneider
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December 11, 2024
Breaking news on deals, development, data and more....
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News
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Mergers and Acquisitions
MCR acquires Hyatt Regency O’Hare Chicago
By Rob Schneider
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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....
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Owners
Cleveland NFL project will include two hotels
By Rob Schneider
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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....
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Mergers and Acquisitions
Summit acquires two hotels for $96M through JV
By Rob Schneider
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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....
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News
F&B is driving labor cost growth in 2024: STR
By Rob Schneider
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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....
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Debt and Equity
Clarion Partners refinances 52-hotel portfolio
By Jeffrey Weinstein
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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....
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Mergers and Acquisitions
Latest news: Pierre on market again?; update on Sunstone rumor; Azul grows Red Cliffs
By Jeffrey Weinstein
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December 10, 2024
Breaking news on deals, development, data and more....
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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....
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EMEA
After Olympic surge, secondary French markets still golden
By Tamara Thiessen
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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....
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Owners
Hotel executive moves: Beaumier, Doyle Collection, Rosen Hotels
By Rob Schneider
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December 6, 2024
Here’s a roundup of the top hotel executive moves of the past week....
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Financing
Latest news: Fontainebleau refi; Brookfield buys in Brisbane; Vegas arena hotel
By Rob Schneider
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December 6, 2024
Breaking news about deals, development, data and more....
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Contributed Perspectives
Evolving role of the competitor set
By Dimitris Mittas
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December 6, 2024
How comparing yourself to others helps you adapt pricing strategy and can really make you better....
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Mergers and Acquisitions
Covivio, AccorInvest finalize almost €800M deal
By Rob Schneider
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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....
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Transactions Lists
Deal activity: November 20-December 3, 2024
By Shawn Turner
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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)....
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Mergers and Acquisitions
Latest news: Deals in EMEA, Asia dominate; new CEO for Beaumier
By Rob Schneider
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December 5, 2024
Breaking news about deals, development, data and more....
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Mergers and Acquisitions
Fertitta could buy Caesars for $7B: WSJ
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Mergers and Acquisitions
Magna sells 4 NYC hotels for nearly $500 million
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Transactions Lists
Deal activity: April 4-29, 2026
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Owners
He’s exploring branded residential in different price points
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Mergers and Acquisitions
La Résidences dream deal for HMD Asia, KS Hotels
Latest Stories
News
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Owners
He’s exploring branded residential in different price points
News
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Transactions Lists
Deal activity: April 4-29, 2026
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Contributed Perspectives
Why hotel F&B and hip-hop music still challenge me
News
Latest news: US hotel construction down; ALIS CALA awards; G6 launches new brand
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C Corps
Hilton raises full-year RevPAR outlook
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