Quotes of the Week: STR, Hyatt, Marriott, Chimera

QUOTE OF THE WEEK
“We expect little change in the macroeconomic environment as unemployment and prices continue to rise. As a result, our hotel performance outlook for the remainder of this year and next were lowered once again. ADR is growing well below the rate of inflation, which in turn will put more pressure on margins.” – Amanda Hite, STR   Read story

“I think there’s a lot of tailwind into economic activity in the United States as we look forward. Part of that, I think, is anticipated, and maybe driving some of the group pace that we see into next year.” – Mark Hoplamazian, Hyatt Hotels Corp.   Read story

“Marriott is aware of Sonder’s intention of a U.S. bankruptcy filing. We have worked tirelessly to remain informed about Sonder’s financial situation and develop action plans so that we can work to meet the needs of our guests, which remains our priority. Sonder operates its properties and has made independent business decisions. Marriott does not agree with the characterizations expressed in Sonder’s release and will respond further at the appropriate time.” – Marriott International spokesperson   Read story

“We think this is the right time to be looking... We’re going to be more laser-focused. I call it sniper-like, and we really pick off a few things that we think have high potential. I find that liberating, frankly.” – Deno Yiankes, Chimera Hospitality   Read story

“In Singapore’s competitive hospitality market, investors actively seek differentiated assets and pay premiums for properties with distinct positioning and competitive advantages. This suggests price per key could rise further.” – Ling Wei Tan, JLL   Read story

“Through heroic efforts, the city of Memphis has reached a milestone moment with the successful purchase of the Sheraton Memphis Downtown. This strategic investment not only preserves an essential asset but also strengthens the foundation of our city’s convention and tourism economy.” – Tannera Gibson, City of Memphis   Read story

“Tourism is a vital part of Jamaica’s national recovery, and guests can feel confident that the best way to support the region is by visiting and returning to the island they love.” – Adam Stewart, Sandals Resorts International   Read story

“If you look at 2025, we’ve all been through periods of uncertainty. While we saw a flattening in the growth of domestic demand, particularly in the U.S. and regionally across markets like Australia and China, international leisure travelers continued to grow significantly in 2025. We see that continuing into 2026.” – Chris Hartley, Global Hotel Alliance   Read story