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.
Bradshaw to become CEO at L+R Hotels
News / Owners
Bradshaw to become CEO at L+R Hotels
By Jeffrey Weinstein | September 17, 2024
After 13 years at Starwood Capital, the formidable investor wants L+R to become the ‘go-to buyer of hotel real estate and partner of choice for major investors.’... Read More
Latest news: Six Senses to Pennsylvania; more SLH at Hilton; big travel tech merger
News / Brands
Latest news: Six Senses to Pennsylvania; more SLH at Hilton; big travel tech merger
By Rob Schneider | September 17, 2024
Breaking news about deals, development, data and more.... Read More
Langham Hospitality plans major Asia expansion
News / Brands
Langham Hospitality plans major Asia expansion
By Christina Jelski | September 17, 2024
CEO van den Oord details latest plans for the brand family and how the company expects to grow to 50 hotels in China alone.... Read More
Dusit’s third-generation ‘Champ’ steps out of comfort zone
News / Brands
Dusit’s third-generation ‘Champ’ steps out of comfort zone
By Raini H.R. | September 17, 2024
The past can meet the future; the young can meet the old. A Dusit offspring attempts to broaden the company’s traditional brand hierarchy. ... Read More
Sonesta expands in Caribbean with 5-hotel deal
News / Brands
Sonesta expands in Caribbean with 5-hotel deal
By Rob Schneider | September 16, 2024
Sonesta expands in Caribbean with 5-hotel deal false Sonesta expands in Caribbean with 5-hotel deal The first property will open in 2026 in Jarabacoa, Dominican Republic, and the rest will be completed over the next seven years.  Brought to you by 54154 0... Read More
Latest news: Certares, TMGOC add in Florida; Sage adds Marriott apartment; Ares closes $3.3B fund
News / Mergers and Acquisitions
Latest news: Certares, TMGOC add in Florida; Sage adds Marriott apartment; Ares closes $3.3B fund
By Rob Schneider | September 16, 2024
Breaking news about deals, development, data and more.... Read More
Latest news: Omni adds in Texas; vacant STL hotel under contract; Ventive Hospitality IPO
News / Brands
Latest news: Omni adds in Texas; vacant STL hotel under contract; Ventive Hospitality IPO
By Rob Schneider | September 13, 2024
Breaking news about deals, development, data and more.... Read More
Hotel executive moves: Hotel Equities, SH Hotels, Stonebridge
News / Owners
Hotel executive moves: Hotel Equities, SH Hotels, Stonebridge
By Rob Schneider | September 13, 2024
Here’s a roundup of the top hotel executive moves of the past week.... Read More
Deal activity: September 4-10, 2024
News / Transactions Lists
Deal activity: September 4-10, 2024
By Shawn Turner | September 12, 2024
Among the noteworthy deals of the past week was Blackstone’s acquisition of the Hyatt Regency Clearwater in Florida from Westmont Hospitality Group for $137 million.... Read More
Dissecting the fragmented wellness market
News / Owners
Dissecting the fragmented wellness market
By Rob Schneider | September 12, 2024
RLA Global’s annual wellness report shows luxury properties rule in GOPPAR, while upper upscale has the stronger profit performance.... Read More
Quotes of the week: Hyatt, Driftwood Capital, Salter Brothers; and more
News / Insights
Quotes of the week: Hyatt, Driftwood Capital, Salter Brothers; and more
By Jeffrey Weinstein & Rob Schneider | September 12, 2024
Noteworthy quotes from the week's stories, including Hyatt's Mark Hoplamazian on Taylor Swift impacting GDP growth.... Read More
Latest news: Motel One to Miami; LionGrove's big plan in Puerto Rico; IHG grows Vignette
News / Owners
Latest news: Motel One to Miami; LionGrove's big plan in Puerto Rico; IHG grows Vignette
September 12, 2024
Breaking news about deals, development, data and more.... Read More
NYC hoteliers take to streets to fight license bill
News / North America
NYC hoteliers take to streets to fight license bill
By Jeffrey Weinstein | September 12, 2024
More than 1,000 hoteliers and supporters rally to urge City Council to reject a bill that would prohibit hoteliers from hiring subcontractors.... Read More
Driftwood’s ‘to infinity and beyond’ portfolio
News / Owners
Driftwood’s ‘to infinity and beyond’ portfolio
By Jeffrey Weinstein | September 11, 2024
The Miami-based firm has closed its “Space Coast” fund with a projected return north of 20% and a desire to hold the assets for a very long time.... Read More
Latest news: Flynn Properties $54M refi; Indus secures $26.4M loan; first Spark in Canada
News / Financing
Latest news: Flynn Properties $54M refi; Indus secures $26.4M loan; first Spark in Canada
By Rob Schneider | September 11, 2024
Breaking news about deals, development, data and more.... Read More