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.

News

The big picture perspective from the Lodging Conference

By Jeffrey Weinstein | September 20, 2023

Economist and CEOs take the stage to discuss macro-economics and issues related to labor, development and who will win the 2024 U.S. presidential election. ... Read More

News

Smiles still outweigh grimaces as Lodging Conference opens

By Jeffrey Weinstein | September 19, 2023

Strong demand continues to drive performance that has owners and operators singing a happy tune, but the cloud of a high interest rate environment keeps things in perspective. ... Read More

News / Brands

Latest HITs: Scandic grows in Helsinki; Mission Hill acquires in Colorado; Peachtree deploys loans

By Rob Schneider | September 18, 2023

The latest on M&A, development, industry data and more. ... Read More

News / Mergers and Acquistions

Update: First Hospitality expands portfolio with acquisition of Hostmark Hospitality Group

By Rob Schneider | September 18, 2023

The transaction will add 17 hotels to First Hospitality’s management portfolio, bringing its total to 70 across the U.S. with more than 10,000 keys.... Read More

News / Brands

Latest HITs: Raffles debuts in Boston; Posadas grows in Cancún; Meridia's new fund

By Jeffrey Weinstein | September 15, 2023

The latest on M&A, development, industry data and more.... Read More

News / Owners

Update: The anatomy of Outbound Hotels

By Jeffrey Weinstein | September 15, 2023

Waterton EVP Matthew Mering shares the story behind the emerging brand targeting outdoor-focused markets positioned in a sweet spot to cash-in on the hottest trend.... Read More

News / Franchising

How Wyndham’s technology improvements can upgrade its franchisees’ ROI

By Rob Schneider | September 15, 2023

Wyndham Hotels & Resorts announced $275 million in technology upgrades this week designed to get franchisees on one unified system. Here’s how it came together and how it could influence its owners’ bottom line.... Read More

News / Insights

Hot Type: Waterton, Minor Hotels, Wyndham

By Jeffrey Weinstein & Rob Schneider | September 14, 2023

Insightful quotes from some of our biggest stories of the week, including Minor Hotels' Dillip Rajakarier on the importance of closing deals, not chasing them. ... Read More

News / Franchising

Why this CEO says the smart money is in select-service

By Rob Schneider | September 14, 2023

At its annual conference, the world’s largest hotel franchising company is touting $275 million in technology upgrades and wants to capture the truckloads of revenue tied to $1.2 trillion in infrastructure work across the U.S.... Read More

News / Owners

Ovolo, Minor CEOs discuss what it takes to win

By Jeffrey Weinstein | September 13, 2023

Two leaders with similar mindsets talk at HICAP ANZ about their commitment to the business and plans for growth.... Read More

News / Transactions Lists

Deal activity: September 5-12, 2023

By Shawn Turner | September 13, 2023

Among the noteworthy deals of the past week is Crescent Real Estate’s acquisition of the Element Orlando Universal Blvd. ... Read More

News / Brands

Latest HITs: MCR buys in Charlotte; Marriott adds 3 in Indonesia; Ennismore grows in Dubai

By Jeffrey Weinstein | September 13, 2023

The latest global news about M&A, development and more. ... Read More

News / Owners

Waterton launches Outbound Hotels

By Jeffrey Weinstein | September 12, 2023

With two conversion properties and two more under development, investor Waterton brings in Springboard Hospitality to launch outdoors-focused, community-driven brand.... Read More

News / Owners

Latest HITs: Two big deals in D.R.; Wyndham grows on Black Sea; more Aman investment

By Jeffrey Weinstein | September 11, 2023

The latest news about development, M&A and more.... Read More

News / Owners

Why improving assets is key to Outrigger’s growth

By Rob Schneider | September 11, 2023

At HICAP ANZ last week in Australia, Outrigger Hospitality Group President and CEO Jeff Wagoner discussed tying improvements to rate growth, why the company wants to keep its toes on the beach and why he’s optimistic about the future. ... Read More

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