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.
Marriott focusing on enhanced efficiencies
News / C Corps
Marriott focusing on enhanced efficiencies
By Jeffrey Weinstein | November 4, 2024
On the eve of an impactful election, the third quarter earnings call highlights new initiative to cut G&A expenses, find savings for owners. ... Read More
Pyramid’s European division merges with Axiom
News / Management
Pyramid’s European division merges with Axiom
By Jeffrey Weinstein | November 4, 2024
The combined management company will have some 48 hotels and 8,000 keys. ... Read More
PM Hotel Group merges with Sightline Hospitality
News / Management
PM Hotel Group merges with Sightline Hospitality
By Jeffrey Weinstein | November 4, 2024
The deal adds 22 properties to PM’s portfolio that are either open or set to open within the coming months.... Read More
Choice posts record quarterly revenue
News / C Corps
Choice posts record quarterly revenue
By Rob Schneider | November 4, 2024
The company also increased its full-year domestic RevPAR guidance by 100 basis points and increased its net unit growth driven by Choice’s upscale, extended-stay and midscale rooms portfolio.... Read More
Group continues to drive Marriott performance
News / C Corps
Group continues to drive Marriott performance
By Jeffrey Weinstein | November 4, 2024
Higher G&A creates slight earnings miss but performance continues to beat as the year winds down.... Read More
Hotel executive moves: AHLA, Mandarin Oriental, Meliá,  Minor
News / Owners
Hotel executive moves: AHLA, Mandarin Oriental, Meliá, Minor
By Rob Schneider | November 1, 2024
Hotel executive moves: AHLA, Mandarin Oriental, Meliá, Minor false Hotel executive moves: AHLA, Mandarin Oriental, Meliá, Minor Here’s a roundup of the top hotel executive moves of the past week. Here’s a roundup of the top hotel executive moves of the past week. Brought to you by... Read More
Latest news: $691M deal largest for APAC; IHG adds in Indianapolis; $550M Florida refi
News / Mergers and Acquisitions
Latest news: $691M deal largest for APAC; IHG adds in Indianapolis; $550M Florida refi
By Rob Schneider | November 1, 2024
Breaking news about deals, development, data and more.... Read More
KSL sells Davidson to industry newcomer
News / Management
KSL sells Davidson to industry newcomer
By Jeffrey Weinstein | November 1, 2024
Nautic Partners takes control of the 86-hotel management company, while KSL will continue to work with Davidson as a manger.... Read More
Slowing RevPAR growth impacts brand selection: CBRE
News / Brands
Slowing RevPAR growth impacts brand selection: CBRE
By Jeffrey Weinstein | November 1, 2024
New report suggests with only 30% of brands examined achieving above-average RevPAR growth over the past five years, brand selection even more critical. ... Read More
Hyatt CEO explains reasons for lowering net room guidance
News / C Corps
Hyatt CEO explains reasons for lowering net room guidance
By Rob Schneider | November 1, 2024
Mark Hoplamazian talked about how brand standards and higher attrition played a role in NUG revision; further analysis of Grupo Piñero and pursuit of an asset-light strategy.... Read More
Quotes of the Week: Hyatt, AHLA, Wyndham, Noble
News / Insights
Quotes of the Week: Hyatt, AHLA, Wyndham, Noble
By Jeffrey Weinstein & Rob Schneider | October 31, 2024
Noteworthy quotes from stories of the past week include Hyatt's Mark Hoplamazian on their deal with Grupo Piñero.... Read More
AHLA names Rosanna Maietta new leader
News / North America
AHLA names Rosanna Maietta new leader
By Jeffrey Weinstein | October 31, 2024
The former head of the AHLA Foundation and head of communications returns to the fold to drive the association’s mission. ... Read More
Latest news: Lauderdale megadevelopment; Booking earnings; robust LatAm pipeline
News / Owners
Latest news: Lauderdale megadevelopment; Booking earnings; robust LatAm pipeline
By Jeffrey Weinstein | October 31, 2024
Breaking news about deals, development, data and more.... Read More
Hyatt reports solid earnings, adjusts NUG outlook
News / C Corps
Hyatt reports solid earnings, adjusts NUG outlook
By Jeffrey Weinstein | October 31, 2024
Hyatt 3Q24 beats on RevPAR performance, but excluding the Grupo Piñero deal lowered its full year net rooms growth outlook 150 bps to 4.0 to 4.5%.... Read More
Noble acquires 3 hotels in Indianapolis suburb
News / Mergers and Acquisitions
Noble acquires 3 hotels in Indianapolis suburb
By Rob Schneider | October 30, 2024
The acquisition streak continues as the Atlanta-based firm buys a trio of newly built hotels in a huge mixed-use development in Fishers, Indiana.... Read More