Among the noteworthy quotes of the week was Arbor Lodging's Vamsi
Bonthala talking about how they evaluate acquisition opportunities differently right now.
“We care a lot more about in place cash flow. We are not
leaning into big value-add plays and big upside stories in the way we could a
few years ago. I’d rather look at all of those as getting lucky on the
potential upside than being a core part of the business plan.” – Vamsi
Bonthala, Arbor Lodging Read story
“More than half of all rooms under development are in the
Southern region and mostly outside of the top 25 markets. Like most of the
pipeline, these rooms are mostly in the two planning phases, and many will
likely not be built shortly.” – Isacc Collazo, STR Read story
“Reflecting on my tenure, I am most proud of my teams and
what we have accomplished together. While it’s never easy to leave a company
and job you love, I have the utmost confidence in the leaders who will assume
these roles and am very optimistic about the strategic path Marriott is on.” –
Leeny Oberg, Marriott International
Read story
“In many ways, Waldorf Astoria New York is the most
important hotel in the world. It is the original luxury property and the place
where luxury service was perfected. It not only holds a special place in
Hilton’s history, but also in modern history. Today, we build on this legacy as
we mark the start of a new chapter for this iconic property. We look forward to
once again welcoming guests to experience its timeless charm and modern
enhancements, as this hotel and Waldorf Astoria properties around the world set
the standard for luxury stays.” – Chris Nassetta, Hilton Read story
“Many companies are on the sidelines and only transact
opportunistically. But since PE firms have the biggest ‘checkbook’ they will
continue to trade trophy properties at high prices.” – Jan Freitag, CoStar Read story
“[For San Francisco] the good news is things are really
looking up and turning around. The bad news is it’s not like a one- or two-year
turnaround. This is going to take some time, but it’s exciting that the turn is
happening.” – Rob Stiles, RobertDouglas
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“I’m proud to continue to lead our team in close partnership
with our new owners. Together, we will unlock new opportunities for the Clayton
and Maldron brands as we continue to expand as a leading international hotel
company.” – Dermot Crowley, Dalata Hotel Group Read story
“With Wild Origins, I’m looking ahead to redefine how instinct and purpose shape hospitality. We’ll partner with innovators who share the belief that true impact comes from intuition, not formulas. Our goal isn’t to replicate existing models, but to ignite new ones that give back, spark creativity, and pioneer sustainable experiences. I’m excited about what we’ll build together over the coming year and beyond.” – Neil Jacobs, Wild Origins Read story
“We believe hospitality is a driver of development. City
Express by Marriott in the Northeast is not just a new hotel — it’s the
connection between a global brand and the region’s economic potential.” –
Tarcysio Malheiros, Fabrica de Hoteis
Read story
“Inclusion might simply be part of a room block. Or maybe
it’s about investing in infrastructure to position [a hotel] as gaming- and
esports-friendly. It could even mean activating in the influencer and content
creator space.” – Neil Johnson, Associated Luxury Hotels International Read story
“Much as [music] festivals are no longer isolated events
culturally, nor are they isolated in the wider spheres of travel and
government, with destinations and tourism boards working together to support
and encourage them.” – Alex Sogno, Global Asset Solutions Read story