Upscale

Stay informed with the latest trends and developments in the upscale 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 / Owners

JRK sees growth opportunity with foray into Puerto Rico

By Stefani C. O'Connor | February 23, 2024

Measured, opportunistic are watchwords for hospitality fund deployment.... Read More

News / Asset Management

CoStar, hoteliers sued for colluding on rates

By Jeffrey Weinstein | February 22, 2024

A class-action suit accuses operators of using CoStar/STR data to inflate prices in multiple major markets.... Read More

News / Mergers and Acquistions

Wyndham chairman: I am out of patience with Choice falsehoods

By Jeffrey Weinstein | February 22, 2024

Wyndham Chairman Stephen Holmes writes to shareholders to address what he terms false comments made by Choice Hotels about its engagement with the hostile bidder.... Read More

News / Owners

Hotel executives moves: Hyatt, Kempinski, B&B

By Rob Schneider | February 22, 2024

Here’s a roundup of the top hotel executive moves of the past week.... Read More

News / Insights

Quotes of the week: Sircle, Choice Hotels, Indian Hotels Co. Ltd.

By Jeffrey Weinstein & Rob Schneider | February 22, 2024

Among our top quotes from the past week was Sircle Hospitality Group's Liran Wizman commenting on its tie-up with SMG Holding to push growth in Europe.... Read More

News / Transactions Lists

Deal activity: February 13-19, 2024

By Shawn Turner | February 22, 2024

Among the noteworthy deals of the past week is a JV of Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park Investments acquisition of the 251-key Loews Minneapolis Hotel.... Read More

News / Brands

Latest news: Kimpton adds Italy; Minor, Funyard deal; Mideast pipeline update

By Jeffrey Weinstein | February 22, 2024

Breaking news about development, M&A, data and more.... Read More

News / C Corps

Accor posts record €1 billion profits for 2023

By Jeffrey Weinstein | February 22, 2024

Chairman, CEO Bazin admits to underestimating corporate travel; mostly bullish about 2024 with big sporting events leading the way.... Read More

News

CBRE on muted supply growth, international inbound and normalization of leisure

By Rob Schneider | February 21, 2024

Following CBRE’s forecast for 3% RevPAR growth in 2024, we took a closer look at the projections with the group's head of research and data analytics Rachael Rothman.... Read More

News / Mergers and Acquistions

Latest news: MCR buys famed London tower; new chain for Strawberry; KSL sale of Village Hotels?

By Rob Schneider | February 21, 2024

Breaking news about M&A, development, data and more... Read More

News / Owners

How a Taj-minded focus propels Indian Hotels Co. Ltd.

By Rob Schneider | February 20, 2024

Hotel Investment Today talked to CEO Puneet Chhatwal about fast growth, why everyone is coming to India and how IHCL’s ‘crown jewel’ drives its business.... Read More

News / Brands

Latest news: Hyatt restructures in Americas; first for Langham in China; Home2 Suites to Dublin

By Rob Schneider & Jeffrey Weinstein | February 20, 2024

Breaking news about M&A, development, data and more.... Read More

News / C Corps

Choice beats Street, plays long game with Wyndham

By Jeffrey Weinstein | February 20, 2024

Focus on higher royalty unit growth helps drive revenue; CEO Pacious updates on FTC’s second phase investigation and reiterates desire to resume negotiations. ... Read More

News / C Corps

Record revenue for Choice; optimism over Wyndham deal

By Rob Schneider | February 20, 2024

For its year-end earnings, Choice Hotels International reported record revenue for 2023 and said it saw progress in its proposed takeover of Wyndham Hotels & Resorts. ... Read More

News / C Corps

IHG profits top $1 billion for first time

By Rob Schneider | February 20, 2024

As part of its year-end earnings, the London-based hotel company reported strong RevPAR and pipeline growth for 2023 and announced plans to return over $1 billion to its shareholders. ... Read More

Latest Stories