11 insightful quotes of the week: Marriott, sbe, L+R, CHTA and more

QUOTE OF THE WEEK
“This prolonged timeline, stemming from factors like land acquisition, regulatory approvals and financial closures must be streamlined to within 24 months.” – Nandivardhan Jain, Noesis Capital Advisors, on deal flow in India  Read story

“During the latter half of this year, price discovery and value clarity will gain traction, transaction activity will increase, and hotels will remain a darling asset class, particularly during a sticky inflation environment. – Daniel Lesser, LW Hospitality Advisors  Read story

“Yes, it's very small. But hey, the good news is, it’s very small. We didn’t pay a whole lot for it, and that means great organic growth going forward.” – Chris Nassetta, Hilton, on their acquisition of the NoMad brand  Read story

“Right now, we’re tracking up about 13% [in 2025 group pace], driven by both gains in demand and ADR. We’re up about 7% in definite rooms and about 5% in ADR.” – Anthony Capuano, Marriott International  Read story

“Over the past decade, hotel supply has grown at a 5.6% CAGR, compared to the last year which had a growth of 7.5%. Is India expanding too rapidly?” – Hotelivate  Read story

“Project announcements into the pipeline point to the potential of a supply growth surge in 2026 as the real estate cycle progresses. Most of that will be in the select-service and extended-stay property types.” – Bruce Ford, Lodging Econometrics  Read story

“A lot of what we have done is not because the government led but because the private sector led and the government partnered. Sometimes we need to also focus on how can we put something on the table and not always look for the government to come up with the ideas and solutions.” – Nicola Madden-Greig, Caribbean Hotel and Tourism Association  Read story

“When you’ve gone through a transformational acquisition like we have, it required a new organizational structure to get closer to the customer. That was the whole purpose of it. It’s allowing our teams to interact more closely with the extended-stay owners or the upscale owners... and the growth opportunity.” – Pat Pacious, Choice Hotels  Read story

“When you look at the CAGR on wage growth, especially in the United States, and at the CAGR on projected RevPAR growth, you start to say, okay, margins are going to get pinched. So, margins will continue to be one of the leading key indicators for us as we explore new investment opportunities, and as we asset manage our existing portfolio, it’s just critical that we stay on top of it.” – Charles Macon, L+R Hotels  Read story

“We are pleased with the progress we have made on our deleveraging plan, including the transfer of the KEYS A&B loan pool assets to the receiver. We continue to have several assets in the market at various stages of the sales process and look forward to providing more updates in the coming weeks.” – Rob Hays, Ashford Hospitality Trust  Read story

“In 2019 and 2020, we really started focusing on what we thought was the next generation of consumers that we didn’t completely understand, how to communicate with them, how to be relevant in their worlds. But they’re growing like a tidal wave, like a tsunami that was coming, and that is millennials, Gen Z, and also the Hispanic, which is an unbelievable category that really not too many people have figured out how to communicate authentically with. It took us three years to understand that model and come up with a great product that can make HQ hotels focused on that particular subset.” – Sam Nazarian, sbe  Read story