Hotel development tips

Marriott and IHG each announced Monday their latest expansion plans in Europe. Marriott set its sights on adding nearly 100 hotels by 2026, while IHG signed a deal to add more than 100 in Germany.

Wyndham‘s executives saw March 11 as a fresh start for their hotel franchising company – that was the day Choice Hotels abandoned its hostile merger bid.

Ritesh Agarwal launched Oyo with the ambition of becoming the world’s largest hotel chain. After experiencing some pandemic-era struggles, Oyo has seen the hotel business rebound strongly. Its vacation rental subsidiary in Europe has also done well.

Hilton held a private presentation for investment analysts at its U.S. headquarters this week and executives presented 223 slides.

Marriott’s journey in India began 25 years ago. The company today boasts of over 100 hotels, with another 79 in construction. 

Hyatt has bet big on developing hotels in China despite recent turmoil in the commercial real estate market. Hyatt executives acknowledged the risks Thursday, but explained reasons for optimism.

Hoshino Resorts is small but punches above its weight. It only has 68 hotels, but several of them regularly top the most-recommended lists of Conde Nast Traveler and Travel + Leisure.

Hilton will spend $210 million to acquire Graduate Hotels, a hotel brand that builds and runs 33 hotels near U.S. and U.K. universities, it said Thursday. The brand caters to college alumni, students, and communities with hip, nostalgic-themed design and campus-centric amenities.

Ever since Wyndham said ‘No’ to Choice Hotels’ offer last year to buy it, executives have been sandbagged by work related to preventing the hostile merger.

Hilton executives said Wednesday that acquisitions are possible – a shift from the past 16 years when it has focused on creating new brands rather than buying up existing ones.

Jolyon Bulley became IHG’s CEO of the Americas in July 2023. He has big shoes to fill — his predecessor, Elie Maalouf, ascended to group CEO.

Marriott CEO and president Anthony Capuano faces a pivotal point in the growth trajectory at the world’s largest hotel group.

Sam Nazarian’s SBE is returning to the hotel business: It said Monday it was planning to offer new “smart lifestyle” hotels as part of Wyndham Hotels & Resorts’s Registry Collection, a soft brand.

The retailer Tommy Bahama is best known for its Hawaiian shirts and board shorts. But the yacht-owning multi-millionaires who like the brand’s easy breezy clothes have wanted a similarly ultra-chill hotel to slip into.

The Biden administration’s infrastructure spending blitz has put more construction laborers on the road for work this year, fueling a race by extended-stay hotel operators to win their business.

Grupo Posadas is Mexico’s largest homegrown hotel operator, but U.S. analysts rarely discuss it.

Dolly Parton has been in the news for releasing a new record and a new book. We’re focused on the launch of the new hotel she co-owns, Dollywood’s HeartSong Lodge & Resort.

At the start of the year, Sortis Holdings said it would acquire Ace Group International, owner of Ace Hotels, for $85 million in cash. Now the deal is off.

Los Angeles’ city council appeared this week to have reached a political compromise with the local hotel workers’s union about a controversial plan to mandate that hotels temporarily house the homeless.

Marriott International‘s executives reported strong revenue growth in the third quarter on Thursday. They forecasted a steady pace of revenue expansion that would return it to its historical 10-year average after the pandemic disruption.

The Dallas area has topped national rankings for hotel development for more than a year as the Texas capital enjoys a hotel building boom.