US hotel profits grew in 2024, despite rising labor costs

Top U.S. markets saw increased gross operating profits per available room last year, though higher operating expenses limited growth, per CoStar.

By Jenna Walters • Feb. 19, 2025

IHG acquires European lifestyle brand Ruby, targets global growth

The hotel company also posted accelerated RevPAR growth in the U.S. and globally in the fourth quarter of 2024.

By Noelle Mateer • Feb. 18, 2025

Wynn bullish on Las Vegas as demand remains ‘healthy’

CEO Craig Billings shared that group and convention room nights on the books for 2025 have strong ADRs amid “robust” demand in Sin City.

By Jenna Walters • Feb. 18, 2025

Hyatt’s 2024 net rooms, pipeline growth bolstered by acquisitions

The hotel company expanded its systemwide rooms by 7.8% year over year in 2024, thanks in part to its purchase of lifestyle operator Standard International.

By Jenna Walters • Feb. 13, 2025

MGM down in Las Vegas in Q4, but convention bookings show promise

CEO Bill Hornbuckle is encouraged by the pacing of future bookings amid strong group demand in Sin City.

By Jenna Walters • Feb. 13, 2025

Wyndham targets growth near data centers, infrastructure projects

Though full-year U.S. RevPAR was flat, the company opened a record number of rooms, which it expects to fuel future growth.

By Noelle Mateer • Feb. 13, 2025

Marriott posts RevPAR, rooms growth amid strong travel demand

CEO Anthony Capuano said he is “incredibly optimistic” about the future, as Marriott gears up for continued travel momentum and anticipated pipeline generation.

By Jenna Walters • Feb. 11, 2025

Mint House acquires Locale, fortifying alternative accommodations portfolio

Mint House will assume Locale’s 12 apartment-style hospitality properties amid increasing traveler demand for upscale extended stay offerings.

By Jenna Walters • Feb. 11, 2025

Marriott makes executive leadership changes following restructuring

The hotel company tapped a new chief commercial officer and filled other leadership roles several weeks after layoffs from a reorganization took effect.

By Jenna Walters • Feb. 6, 2025

Hilton ‘optimistic’ following strong Q4, full-year 2024 performance

“Better-than-expected” leisure travel and continued recovery in business and group segments led to higher RevPAR growth and raised 2025 guidance.

By Noelle Mateer • Feb. 6, 2025

Accor names chief brand officer for Fairmont, Raffles

Claudia Kozma Kaplan will lead the brands as Accor pushes luxury expansion in the U.S.

By Noelle Mateer • Feb. 5, 2025

Urban markets lead as hotel investment ramps up in 2025

Some 94% of investors surveyed in a new CBRE report expect to maintain or increase their hotel investments this year, targeting central business districts with strong RevPAR growth.

By Jenna Walters • Feb. 3, 2025

Hotel industry forecast 2025: development, labor, F&B and more

Leaders in the hospitality industry shared with Hotel Dive what trends will impact hotels this year, discussing changes in everything from the regulatory environment to traveler preferences.

By Noelle Mateer , Jenna Walters • Jan. 31, 2025

CoStar, TE maintain 2025 US hotel growth projections — but note Trump risks

Current economic conditions are favorable for travel activity, but the new Trump administration could present challenges.

By Jenna Walters • Jan. 31, 2025

Coury Holdings expands hotel management portfolio, appoints COO

The company added nine California hotels to its management portfolio, which new chief operating officer Bo Patel will lead. 

By Jenna Walters • Jan. 29, 2025

Blackstone buys NYC Kimpton hotel for $175M

The private equity firm adds the Kimpton Hotel Eventi as high demand for hotel rooms in New York persists amid limited supply growth.

By Noelle Mateer • Jan. 28, 2025

C-PACE financing can make energy efficiency upgrades more affordable – if it’s available

Interest rates as low as 7% make C-PACE attractive for building improvement projects, some experts say. But conditions for accessing it vary widely by state.

By Nish Amarnath • Jan. 27, 2025

How a guest-centric focus can unlock hotel revenue opportunities

Personalization can help hotels increase revenue, strengthen guest loyalty and sustain competitive advantage, Agilysys’ Matthew Prosser shares.

By Matthew Prosser • Jan. 24, 2025

Choice Hotels expands upscale portfolio with Westgate partnership

With Westgate, Choice adds 21 resorts across nine states, building on strides it has made in the upper-tier segment over the past year.

By Jenna Walters • Jan. 24, 2025

AHLA names hospitality leaders to executive committee, board of directors

Vision Hospitality Group founder and CEO Mitch Patel will lead the board of directors as chair, succeeding Hilton CFO Kevin Jacobs.

By Noelle Mateer • Jan. 22, 2025

Sonder names new CFO amid Marriott integration

Michael Hughes joins the apartment-style accommodations provider as Sonder looks to “significantly strengthen” its balance sheet.

By Noelle Mateer • Jan. 22, 2025

Marriott elects Taco Bell CEO to board of directors

Sean Tresvant joins the board as Marriott focuses on “innovating for the future,” per chairman David Marriott. The hotel company recently underwent an organizational restructuring.

By Jenna Walters • Jan. 22, 2025

Ace Hotels names Chris Penn CEO

The boutique hotel group also named a chief operating officer and chief brand officer in a bid to strengthen its leadership as it expands internationally.

By Noelle Mateer • Jan. 10, 2025

KSL Resorts rebrands to Peregrine Hospitality

The move is intended to allow the hotel management firm to expand its platform as it grows across all hospitality asset classes, CEO Greg Kennealey said.

By Noelle Mateer • Jan. 8, 2025

Coury Hospitality appoints COO to president

Andrew Casperson will head the Dallas-based hospitality management company, driving its strategic growth in the lifestyle hotel segment.

By Jenna Walters • Jan. 7, 2025