David Eisen - 10 Minutes News for Hoteliers

3 vlad doronin at amanjena 2021 35987

10 min

Aman CEO Vladislav Doronin Leads Expansion With 36 Properties Operating and 12 Under Development

🏨 Vladislav Doronin, Aman’s chairman and CEO, acquired control in 2014. The luxury brand now has 36 properties and 12 under development. Aman New York opened in 2022 with 83 suites and rates starting at $3,000 nightly. Sister brand Janu debuted in Tokyo in 2024 with 122 rooms and suites; six more properties are in development. Aman’s Miami Beach and Beverly Hills projects are scheduled to open in 2028, extending its urban expansion.

6 min

Waldorf Astoria Texas Hill Country villas priced at $1,143–$1,250 per square foot, below Deer Valley benchmarks

🏨 Mark Harmon and partners plan to open Hilton-managed Waldorf Astoria Texas Hill Country near Fredericksburg in 2029. The 106-acre development includes 60 hotel rooms and suites, 42 resort villas and 50 private residences. Villas start around $3.5 million, or $1,143–$1,250 per square foot, versus roughly $2,500–$3,155 for cited Four Seasons Deer Valley private residences. Texas benefits from lower construction costs and emerging-market pricing, while branded-home presales help finance luxury hotel developments.

3 min

BWH Hotels Rebrands as WorldHotels, Launching New Loyalty Program and Digital Enhancements Across 4,000 Properties

🏨 BWH Hotels, rebranded under WorldHotels since 2023, unites 4,000 hotels across 18 brands with new digital features. Acquired in 2019, WorldHotels has 250 global hotels. The rebranding includes merging Best Western Rewards with WorldHotels Rewards by January 2027, boasting points that never expire. Aimed at enhancing global recognition, this change is backed by member collaboration. WorldHotels' new logo, featuring a window symbol, reflects a fresh global perspective.

3 min

Hilton Sees Strong Growth with 37% Conversions in Q3, Plans Nasdaq Trading and Expands Development Pipeline to 543,100 Rooms

📈 In Q3 2026, Hilton achieved a net income of $536 million, with 37% of openings from conversions. Hilton opened 12 out of 28 brands, adding 27,000 rooms, increasing net units by 6.5% sequentially, and approving 30,500 new rooms for development. RevPAR grew 5.8% quarter-over-quarter. Hilton's presence in Europe is 2%, with 60% of hotels independent. The development pipeline reached 543,100 rooms. Starting November 5, 2026, Hilton will trade on Nasdaq, and Jeff Moore is the new CTO.

2 min

Hilton to Relist on Nasdaq on Nov. 5, 2026, Emphasizing Technology and Growth in Hospitality Shift

📊 On November 5, 2026, Hilton will transition its stock ticker, HLT, from the New York Stock Exchange, where it has traded since 1946, to Nasdaq. The move highlights Hilton’s shift towards technology and AI, with new CTO Jeff Moore, previously from Uber, emphasizing AI and next-gen tech. This change aligns Hilton with tech-focused investors, signaling its growth ambitions as a technology-driven hospitality platform, while Marriott made a similar move in 2013.

8 min

U.S. Hotel Revenues Rise 2.6% in 2025, But Expenses Grow 3.1%, Squeezing Profit Margins, Says CBRE

🏨 In 2025, U.S. hotel revenue grew by 2.6%, while expenses rose by 3.1%, reducing GOP margins to 34.8%. By 2026, labor costs are expected to hit $131 billion, with labor cost per occupied room up 1.8% year-over-year. First-half 2026 saw a record 11.4 million more room nights sold than in 2025, with $5.4 billion extra in room revenue. Technological advancements are aiding efficiency, with AI tools enhancing labor management, though the industry faces ongoing cost pressures.

3 min

Wyndham Hotels Raises Full-Year Global RevPAR Outlook Amid 6% U.S. Growth in Q3, Despite International Declines

📈 Wyndham Hotels & Resorts reported a 2% RevPAR growth in Q3, with U.S. RevPAR up 6% year-over-year. Occupancy increased by 300 basis points, with ADR rising 280 basis points. Texas, California, and Florida saw an 8% RevPAR growth. Internationally, RevPAR fell by 3% YOY, with China down 10%. System-wide rooms grew 4% excluding Revo, which filed for bankruptcy. The development pipeline reached a record 264,000 rooms. Wyndham raised its global RevPAR outlook to 0.5%-1.0%. Net income was $99 million.

4 min

Hotel Brands Focus on Conversions and Strategic Growth Amid Rising Costs and Intense Market Competition

🏨 Hotel brands face rising costs and interest rates, requiring them to enhance profitability by generating revenue and reducing operational expenses. U.S. hotel supply growth is below average, with conversions outpacing new builds due to high construction costs. Choice Hotels acquired Harvest Hosts for $130 million to capture the mid-scale traveler segment. Extended-stay accommodations offer attractive returns with lower labor costs. Brands focus on long-term value and loyalty ecosystems, emphasizing sustainable commercial performance.

4 min

Fredericksburg City Council Approves Waldorf Astoria Texas Hill Country's Revised Roadway Plan, Advancing 2029 Resort Opening

🏨 Waldorf Astoria Texas Hill Country is set to open in 2029 near downtown Fredericksburg, Texas. The Fredericksburg City Council approved a revised thoroughfare alignment for the project, facilitating development. The luxury resort, led by developers Mark Harmon and Robert Radovan, will feature a spa, pools, and Michelin-starred dining. The project aims to create an economic engine in Fredericksburg, boosting tourism, creating jobs, and supporting local businesses. Site work is already underway for this future landmark destination.

4 min

Fredericksburg City Council Approves Roadway Plan, Advancing Waldorf Astoria Texas Hill Country Resort Development

🏨 In Fredericksburg, Texas, the City Council approved the Waldorf Astoria Texas Hill Country project, resolving a thoroughfare issue. Slated to open in 2029, the luxury resort is less than a mile from downtown. The project integrates a revised roadway, enhancing transportation while preserving the area's identity. Developers Mark Harmon and Robert Radovan aim to create a destination akin to "the next Napa Valley," with infrastructure already underway, promising new jobs and tourism-driven economic growth.

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