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: KKR acquires in London; €3M refresh for Dalata; AHT to sell more hotels
News / Mergers and Acquistions
Latest news: KKR acquires in London; €3M refresh for Dalata; AHT to sell more hotels
By Rob Schneider | May 9, 2024
Breaking news about development, M&A and management, including CoStar, Lodging Econometrics, Pan Pacific, Radisson, Marriott and more.... Read More
Quotes of the Week: Playa, Choice, Jumeirah, Apple REIT
News / Insights
Quotes of the Week: Playa, Choice, Jumeirah, Apple REIT
By Jeffrey Weinstein & Rob Schneider | May 9, 2024
Among the noteworthy quotes from the past week include Playa Chairman and CEO Bruce Wardinski talking about how they introduced 'love' into their value proposition.... Read More
Hyatt 1Q24 earnings a mixed bag
News / C Corps
Hyatt 1Q24 earnings a mixed bag
By Jeffrey Weinstein | May 9, 2024
Hyatt misses expectations on earnings but reports record for gross fees and pipeline, as well as significant progress on asset disposition.... Read More
Choice CEO on Wyndham merger: ‘Strategic rationale still makes sense’
News / C Corps
Choice CEO on Wyndham merger: ‘Strategic rationale still makes sense’
By Rob Schneider | May 8, 2024
During Choice Hotels International’s earnings call, CEO Patrick Pacious spoke about M&A, the value of new franchises and RevPAR trends.... Read More
Deal activity: May 1-8, 2024
News / Transactions Lists
Deal activity: May 1-8, 2024
By Shawn Turner | May 8, 2024
Among the noteworthy deals of the past week was Related Companies selling the W Fort Lauderdale to Blackstone for $97.6 million.... Read More
Hilton sees 30% bump in day pass bookings
News / Asset Management
Hilton sees 30% bump in day pass bookings
By Jeffrey Weinstein | May 8, 2024
New deal with booking platform aims to further grow ancillary revenue opportunities for owners. ... Read More
Latest news: Ares buys UK portfolio; Marriott grows in Canada; first Meliá in Laos
News / Mergers and Acquistions
Latest news: Ares buys UK portfolio; Marriott grows in Canada; first Meliá in Laos
By Rob Schneider & Jeffrey Weinstein | May 8, 2024
Breaking news about development, M&A and management, including Hilton, IHCL, Marriott and more.... Read More
Webinar: How to appeal hotel property taxes
News / Asset Management
Webinar: How to appeal hotel property taxes
May 8, 2024
Join industry tax experts who offer practical, detailed advice on how to mount a successful property tax appeal.... Read More
Playa’s Wardinski’s message of love
News / Asset Management
Playa’s Wardinski’s message of love
By Jeffrey Weinstein | May 8, 2024
Great explanation about ‘service from the heart’ approach to business from CHRIS-HOLA Lifetime Achievement Award winner.... Read More
Choice’s earnings mixed bag: RevPAR down, pipeline up
News / C Corps
Choice’s earnings mixed bag: RevPAR down, pipeline up
By Rob Schneider | May 8, 2024
In its first earnings since failed Wyndham bid, RevPAR and fees were down but EBITDA and pipeline were up.... Read More
Why Apple REIT is taking a bigger bite of larger deals
News / REITs
Why Apple REIT is taking a bigger bite of larger deals
By Rob Schneider | May 7, 2024
Apple Hospitality CEO Justin Knight said the transaction landscape hasn’t changed radically, which helps the REIT’s ability to compete, especially on larger deals. ... Read More
Latest news: Braemar sells in La Jolla; historic KC hotel sells; LATAM pipeline surges
News / Mergers and Acquistions
Latest news: Braemar sells in La Jolla; historic KC hotel sells; LATAM pipeline surges
By Rob Schneider | May 7, 2024
Latest news: Braemar announces sale; historic KC hotel sells; Latin America pipeline surging false Latest news: Braemar announces sale; historic KC hotel sells; Latin America pipeline surging Breaking news about M&A, development, data and more Breaking news about M&A, development, data a... Read More
Why franchising is rising in SE Asia: JLL report
News / Franchising
Why franchising is rising in SE Asia: JLL report
By Rob Schneider | May 7, 2024
The report highlights what hotel owners in the region need to assess before franchising with a brand.... Read More
More than 50% of investors will buy more in '24: CBRE
News / Mergers and Acquistions
More than 50% of investors will buy more in '24: CBRE
By Jeffrey Weinstein | May 6, 2024
Hotel assets remain in vogue, but investors cite borrowing costs (52%), labor costs (44%), and construction costs (26%) as biggest challenges. ... Read More
Choice’s CDO on where he thinks the company can grow
News / Franchising
Choice’s CDO on where he thinks the company can grow
By Rob Schneider | May 6, 2024
Choice Hotels International Chief Development Officer David Pepper talks about extended-stay, NUG and the premium value space.... Read More