Upper Upscale

Read the latest trends and developments in the upper upscale hotel segment through Hotel Investment Today's dedicated section. Our detailed coverage includes market forecasts, development, financing news, strategic growth opportunities, and more that impact this hotel segment.
Latest news: NewcrestImage buys in Dallas; Earth’s southernmost hotel; US industry up
News / Mergers and Acquisitions
Latest news: NewcrestImage buys in Dallas; Earth’s southernmost hotel; US industry up
By Rob Schneider | October 3, 2024
Breaking news about deals, development, data and more.... Read More
Quotes of the wek: Discover Collection, Glencove Capital, Broadreach Capital
News / Insights
Quotes of the wek: Discover Collection, Glencove Capital, Broadreach Capital
By Jeffrey Weinstein & Rob Schneider | October 3, 2024
Among the noteworthy quotes from this week's stories is Discover Collection's Bernhard “BB” Bohnenberger talking about his "no compromise" approach to his new brand management company.... Read More
Choice relaunches Radisson soft brand in Americas
News / Brands
Choice relaunches Radisson soft brand in Americas
By Jeffrey Weinstein | October 3, 2024
Looking to add to the 15 properties already in the system, Radisson Individuals is positioned in the upper upscale segment to attract more boutique and independent operators. ... Read More
Developer investing $100M to buy, update Hilton resort in Phoenix
News / Mergers and Acquisitions
Developer investing $100M to buy, update Hilton resort in Phoenix
By Rob Schneider | October 2, 2024
Phoenix-based Pivotal Group paid $39.5 million for the nearly 50-year-old resort and plans extensive renovations and improvements to the asset.... Read More
Latest news: Field & Stream adds Bozeman; Reubens linked to W SoBe; first Sparks in Austria
News / Owners
Latest news: Field & Stream adds Bozeman; Reubens linked to W SoBe; first Sparks in Austria
By Rob Schneider | October 2, 2024
Breaking news about deals, development, data and more.... Read More
Coury expands both management companies
News / Management
Coury expands both management companies
By Jeffrey Weinstein | October 2, 2024
Coury Hospitality and emerging Concert Hospitality add soft brands, grow Northeast presence.... Read More
Luxury pricing power: More hotels exceeding $1,000 per night
News / Asset Management
Luxury pricing power: More hotels exceeding $1,000 per night
By Christina Jelski | October 2, 2024
U.S., Italy and France have seen the biggest increases that reflect a broader “bifurcation” of assets across the industry.... Read More
Mit Shah on strategy, post-election scenarios
News / On the Money
Mit Shah on strategy, post-election scenarios
By Jeffrey Weinstein | October 1, 2024
Efficient use of capital and a sound operational structure might best describe Noble Investment’s strategy for driving growth and breeding success. What’s on Mit Shah’s mind today?... Read More
CBRE upbeat with midyear global outlook
News
CBRE upbeat with midyear global outlook
By Jeffrey Weinstein | October 1, 2024
While global performance varies widely, US RevPAR growth expected to improve in the second half of the year.... Read More
Latest news: Hyatt completes Standard deal; IHG's Vignette to Egypt; Auberge adds Puerto Rico
News / Brands
Latest news: Hyatt completes Standard deal; IHG's Vignette to Egypt; Auberge adds Puerto Rico
By Rob Schneider | October 1, 2024
Breaking news about deals, development, data and more.... Read More
Holiday travel remains steady: PwC
News
Holiday travel remains steady: PwC
By Jeffrey Weinstein | October 1, 2024
About the same percentage plan to travel this year versus last; stress levels are down; and Gen Z and millennials will drive spending. ... Read More
Aimbridge launches proprietary data, reporting tool
News / Asset Management
Aimbridge launches proprietary data, reporting tool
By Jeffrey Weinstein | September 30, 2024
Owners get near real-time access to STR performance, RevPAR Index, profitability, guest service, and turnover data at property and portfolio levels.... Read More
Latest news: $210M refi for Ritz-Carlton Dallas; Bespoke acquires 4; Hyatt adds in KSA
News / Financing
Latest news: $210M refi for Ritz-Carlton Dallas; Bespoke acquires 4; Hyatt adds in KSA
By Rob Schneider | September 30, 2024
Breaking news about deals, development, data and more.... Read More
OTO Development names new CEO
News / Owners
OTO Development names new CEO
By Jeffrey Weinstein | September 30, 2024
Rob Rain comes in from another Johnson Group company to oversee strategic initiatives designed to drive growth, increase efficiencies and maximize profitability.... Read More
Hilton sees ongoing dichotomy in consumer needs
News / Asset Management
Hilton sees ongoing dichotomy in consumer needs
By Jeffrey Weinstein | September 30, 2024
Annual Trends Report discusses everything from “Hurkle-Durkling” and slow travel to “Fido and Frolleagues.” ... Read More