"Here's a mostly empty office building that we want to turn into a cool hotel" is, in 2025, an easier sell to lenders than "Here's an empty lot that we want to turn into a cool hotel." That's true because of high interest rates and construction costs.
IHG CEO Elie Maalouf sees rich potential in many fragmented hotel markets, such as Europe and Japan, where independent hoteliers face mounting pressures from digital transformation.
Hilton’s slow-and-steady approach has worked, but with travel demand booming across Asia-Pacific, especially in India and China, it might be time to speed things up.
Some franchisees are worried their revenue would fall after a Choice merger with Wyndham. But Choice Hotels says it has heard from franchisees who expect to see gains to their bottom line from the proposed deal. The debate rolls on.
Wyndham is playing very hard to get. And unless lovestruck Choice is equipped to sweeten its offer, it may view this target forever as the one who got away.
A recent acquisition of 89 hotels will almost certainly go down as the largest U.S. hotel transaction in the second half of the year. Notably, the dealmaker Flynn Properties remains in a shopping mood.
Hotel groups are constantly developing new digital initiatives to improve the experiences of their hotel guests. Accor believes that the experiences of the hotel owners they work with are just as important.