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 HITs: ECE, Palladium deal in Venice; women leadership update; Choice 1Q
News / Brands
Latest HITs: ECE, Palladium deal in Venice; women leadership update; Choice 1Q
By Jeffrey Weinstein | May 9, 2023
The latest news and data related to development and M&A.... Read More
Brand integrity key to Aspen Hospitality’s growth criteria
News / Owners
Brand integrity key to Aspen Hospitality’s growth criteria
By Jeffrey Weinstein | May 8, 2023
 The phone is ringing after making the big deal to take The Little Nell to Rockefeller Center, but CEO Alinio Azevedo carries on the Crown tradition of being a very discerning developer.... Read More
Hyatt explores fresh way to play luxury
News / Brands
Hyatt explores fresh way to play luxury
By Mary Scoviak | May 8, 2023
 Acquisition of London-based Mr & Mrs Smith could open access to a million new guests, representation in 20 additional countries and an added source of synergistic upside.... Read More
Fairmont CEO counts ROI points from Accor’s luxury, lifestyle restructure
News / Brands
Fairmont CEO counts ROI points from Accor’s luxury, lifestyle restructure
By Raini Hamdi | May 8, 2023
Accor is making a serious investment in luxury and lifestyle by having a dedicated CEO and team for each of its top-floor brands. Fairmont arguably needs that investment the most, and here's why.... Read More
Latest HITs: Earning for Playa, RLJ; Spanish resort trades; Canada pipeline
News / Brands
Latest HITs: Earning for Playa, RLJ; Spanish resort trades; Canada pipeline
By Jeffrey Weinstein | May 5, 2023
Breaking news and data updates from the global M&A and development markets.... Read More
Maalouf taking top spot as IHG reports strong 1Q
News / C Corps
Maalouf taking top spot as IHG reports strong 1Q
By Jeffrey Weinstein | May 5, 2023
Barr stepping down at the end of June; buoyant 1Q earnings reported.... Read More
Strong ADR growth, rebound in Asia help Hyatt beat Street
News / C Corps
Strong ADR growth, rebound in Asia help Hyatt beat Street
By Jeffrey Weinstein | May 4, 2023
Hyatt increased 2023 guidance for systemwide RevPAR to 12%-16%, up from the prior 10%-15% range. Net rooms growth remained unchanged at ~6%.... Read More
Latest HITs: US ADR growth beats inflation; $340M for Ritz condos; new CEO at Mandarin
News / Brands
Latest HITs: US ADR growth beats inflation; $340M for Ritz condos; new CEO at Mandarin
By Jeffrey Weinstein | May 4, 2023
It has been a very busy news day for deals and development around the world. Read the latest.... Read More
7 quotes you need to read
News / Insights
7 quotes you need to read
By Jeffrey Weinstein & Mary Scoviak | May 4, 2023
From Marriott's strategy for its new City Express brand to Minor's ownership-focused mindset, here are some thoughtful quotes from this week's stories.... Read More
Hotel as community hub
News / Brands
Hotel as community hub
By Jeffrey Weinstein | May 3, 2023
Madrid-based UMusic Hotels partners with Universal Music Group trying to turn its hotels into creative hubs that bring the community experience inside its walls.  ... Read More
Deal activity: April 25 - May 2, 2023
News / Transactions Lists
Deal activity: April 25 - May 2, 2023
By Shawn Turner | May 3, 2023
Among the noteworthy transactions from the past week was the $110 million sale of the JW Marriott Tuscon Starr Pass Resort & Spa.... Read More
Kimpton’s fall debut rides wave of New York City’s comeback
News / Brands
Kimpton’s fall debut rides wave of New York City’s comeback
By Mary Scoviak | May 3, 2023
With its bleisure market pitch, Hotel Theta hopes to steal a march at the top of the market when performance is strong and the pipeline has slowed to a trickle.... Read More
Latest HITs: Record TRevPAR in US; Stoneweg buys in Spain; big Labor Day in China
News / Brands
Latest HITs: Record TRevPAR in US; Stoneweg buys in Spain; big Labor Day in China
By Jeffrey Weinstein | May 2, 2023
The latest data, development and M&A news from around the world.... Read More
Marriott big beat in Q1; announcing midscale extended-stay brand
News / C Corps
Marriott big beat in Q1; announcing midscale extended-stay brand
By Jeffrey Weinstein | May 2, 2023
Strong RevPAR growth, especially in Asia Pacific, drives results; big beat on fees propels profitability.... Read More
Marriott to prominently display resort fees this month
News / C Corps
Marriott to prominently display resort fees this month
By Jeffrey Weinstein | May 1, 2023
In response to a court settlement in 2021, by mid-May Marriott will be the first to respond to consumer pressure with upfront full rates on its website and app.... Read More