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Vacation Trend
February 29, 2024
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“Rest and relaxation” jumped ahead of having “a fun time” and spending “time with immediate family” as the main motivator for leisure travel.

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Hilton AutoCamp
February 28, 2024
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Hilton has collaborated with AutoCamp, the outdoor hospitality company, to offer “enhanced outdoor lodging experiences in unique destinations”. The partnership will offer an experience that combines outdoor adventure with the hospitality of a boutique hotel.

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DC Waldorf
February 26, 2024
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Miami-based investor CGI Merchant Group defaulted on a $285 million loan related to the Washington Waldorf Astoria (previously the Trump International Hotel) it acquired for $375 million in 2022.

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Hilton SLH
February 8, 2024
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Hilton announced a new partnership with Small Luxury Hotels of the World. The SLH partnership will let Hilton customers book stays at participating properties in the SLH portfolio of 560 luxury boutique hotels in 90 counties.

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World Cup
February 7, 2024
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FIFA announced that MetLife Stadium, outside New York, will stage the final match of the world’s biggest sporting event, the 2026 World Cup Final, as the home of the NFL’s Jets and Giants edged out bids from Los Angeles and Dallas.

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AZ Biltmore
January 24, 2024
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Blackstone agreed to sell the Arizona Biltmore luxury hotel to London-based private equity real estate manager Henderson Park for $705M. Almost six years ago, Blackstone acquired the property for roughly $400M from Singaporean sovereign wealth fund GIC and spent over $150M on property renovations.

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Four Season Telluride
December 26, 2023
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$1 billion Four Seasons Telluride resort is being planned by Fort Partners and Merrimac Ventures. The project will feature 52 guest rooms, where the owners expect to charge an average rate of more than $1,000 a night. Prices are still being worked out for the 68 residences, but the plan is to list one-bedrooms starting at more than $2 million. They expect to break ground late next year.

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CHH Update
December 21, 2023
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Choice Hotels International’s hostile buyout offer of rival Wyndham Hotels & Resorts has entered a new phase: recriminations. Choice Hotels said on Wednesday that institutional shareholders representing 40% of Wyndham’s total outstanding shares have talked with Choice about its recent offer to exchange their shares for Choice shares or cash.

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CHH WH Hostile
December 12, 2023
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Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeatedly being rebuffed in its effort to strike a friendly deal.

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