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

STR maintains forecast of slight RevPAR gains

By Rob Schneider | August 8, 2024

Despite some softening in the second quarter, the revised forecast by STR and Tourism Economics calls for slight adjustments to ADR (downward) and occupancy (upward) for the next 18 months.... Read More

News

Latest news: Reverb to Pensacola; Braemar refis; LatAm pipeline update

By Jeffrey Weinstein | August 8, 2024

Breaking news on data, development, deals and more.... Read More

News / Insights

Quotes of the Week: Hilton, Hotels Association of New York, STR, Hyatt

By Jeffrey Weinstein & Rob Schneider | August 8, 2024

Noteworthy quotes from this week's stories, including Hilton CEO Chris Nassetta talking about evolving demand trends.... Read More

News / C Corps

Choice lowers RevPAR guidance for the rest of 2024

By Rob Schneider | August 8, 2024

The company saw new quarterly records for total revenue and adjusted EBITDA but said its Q2 RevPAR was down 0.5% year over year. ... Read More

News / Mergers and Acquisitions

US RevPAR stabilizing; CMBS, SASB fuels big deals: JLL

By Jeffrey Weinstein | August 7, 2024

The brokerage and advisory publishes its US investment trends report, suggesting capital will gravitate to assets in high barrier-to-entry markets that cater to a diverse customer mix.... Read More

News / C Corps

Hilton’s Nassetta talks macros, consumer trends

By Jeffrey Weinstein | August 7, 2024

During 2Q24 earnings call, the president and CEO expresses confidence in delivering as he discusses global performance, growth opportunities.... Read More

News / Transactions Lists

Deal activity: July 30-August 5, 2024

By Shawn Turner | August 7, 2024

Among the noteworthy deals of the past week was BDT & MSD Partners acquiring the rights for the Waldorf Astoria in Washington, D.C., at an auction for $100 million.... Read More

News / Mergers and Acquisitions

Latest news: $1B Boca Raton refi; Rosewood adds Exuma; Kimpton to Orlando

By Rob Schneider | August 7, 2024

Breaking news on development, deals, data and more.... Read More

News / C Corps

Why softening in China is having global impact on Hyatt

By Rob Schneider | August 7, 2024

While the company had plenty of positive news in its Q2 earnings, a dropoff in business in Greater China has caused Hyatt to reduce some full-year guidance.... Read More

News / C Corps

Hilton beats on 2Q earnings, boasts bigger pipeline

By Jeffrey Weinstein | August 7, 2024

Solid operating performance in 2Q keeps Hilton ahead of estimates; bolt-ons like Graduate and partnership with SLH drives peer-leading net unit growth.... Read More

News / Mergers and Acquisitions

Latest news: Noble acquires in Florida; lender takes former Trump; Apple REIT earnings

By Rob Schneider | August 6, 2024

Breaking news on development, deals, data and more.... Read More

News / C Corps

Hyatt lowers full-year RevPAR guidance in Q2 earnings

By Rob Schneider | August 6, 2024

The company also reported a record pipeline that has increased by 9%. It also reported net room share growth but lowered its full-year guidance on RevPAR and adjusted EBITDA.... Read More

News / C Corps

Rebound in US drives IHG revenue acceleration

By Jeffrey Weinstein | August 6, 2024

Overall, first half results are mixed with RevPAR growth offset by challenges in driving profitability.... Read More

News

Europe leads RevPAR gains: STR

By Rob Schneider | August 5, 2024

STR said German markets stood out, thanks to hosting the 2024 Euro soccer competition; 64% of global hotel markets outperforming their 2023 numbers.... Read More

News / Brands

Latest news: Aimbridge division president; Ennismore, Kasada add; extended-stay dichotomy

By Rob Schneider | August 5, 2024

Breaking news on development, deals, data and more.... Read More

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