Market Snapshot
Monday, Nov 2Property Deals ·Gencom and White Bridge Capital acquired the 652-room InterContinental Miami, expanding their luxury portfolio across South Florida with 90,000 square feet of meeting space.
↑Corporate Travel ·Hyatt partnered with Spotnana to revamp Hyatt Leverage, offering exclusive rates across 1,300 properties for small and mid-sized enterprises booking at least 50 annual nights.
↑Market Performance ·CoStar reported U.S. hotel RevPAR surged 12.6% year-over-year for the week ending October 24, led by Chicago and Tampa event demand.
↑Brand Expansion ·Wyndham partnered with HotelREZ to integrate 40 luxury independent properties into its Registry Collection Hotels brand.
👁Our reporting
written from multiple sources
Mobile POS Lifts In-Stay Guest Spend by Up to 30%
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Written from 2 sources
RoomPriceGenie: Only 10% of Hotels Trust AI for Pricing
RoomPriceGenie finds 53 percent of hotels deploy artificial intelligence for rates, but 90 percent refuse autonomous execution amid a talent squeeze.
Written from 3 sources
PriceLabs Study Shows 82% of Boutique Guests Weigh Rentals
A survey of over 1,000 travelers shows independent hotel guests cross-shop short-term rentals twice as often as large chain customers.
Written from 4 sources
33,000 UK Tourism Jobs at Risk as Mayoral Levy Advances
Hoteliers demand a 10% VAT rate and statutory rate caps as ministers advance uncapped municipal tourist tax legislation across England.
Written from 5 sources
Accor Lifts 2026 EBITDA Target as Q3 Revenue Reaches $1.68B
Luxury and lifestyle outperformance paired with event demand drove 7.7% revenue growth, leading Accor to raise full-year profit projections.
Written from 3 sources
IHG Targets Secondary Administrative and Leisure Hubs
IHG Hotels & Resorts signs two Holiday Inn properties in Naya Raipur, India, and Luang Prabang, Laos, targeting distinct regional growth engines.
Written from 2 sources
The wire
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Gencom and White Bridge Buy InterContinental Miami
Gencom and White Bridge Capital have acquired the 652-room InterContinental Miami, expanding their luxury hospitality fo…
finance
Lodging Magazine
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Wyndham Adds 40 Luxury Hotels Via HotelREZ Deal
Wyndham Hotels & Resorts has partnered with HotelREZ to integrate over 40 luxury independent properties into its Registr…
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Hyatt Upgrades Leverage SMB Corporate Booking Tool
Hyatt has revamped its Hyatt Leverage platform in partnership with Spotnana to streamline business travel management for…
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US Hotel RevPAR Jumps 12.6% YoY Despite Weekly Dip
U.S. hotel performance saw mixed week-over-week trends but substantial year-over-year gains for the week ending Oct. 24,…
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EDITION Enters Africa With Waterfront Hotel
EDITION Hotels has marked its African debut with the launch of The Cape Town EDITION at the V&A Waterfront. The 142-key …
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Frictionless Tech Lifts In-Stay Hotel Revenue by 30%
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Handheld POS Tech Drives Double-Digit Hotel F&B Gains
A new industry survey reveals that adopting handheld POS systems helps hotel food and beverage operations increase reven…
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