LODGING Staff - 10 Minutes News for Hoteliers - Page 26

1 min

Davidson Hospitality Group to Manage and Renovate 357-Room Cadillac Hotel & Beach Club in Miami Beach

🏨 Davidson Hospitality Group has been chosen to manage the Cadillac Hotel & Beach Club in Miami Beach, Florida, a 357-room resort opened in 1940. Located oceanfront, the hotel features two towers, four dining venues, two pools, and over 6,200 square feet of event space. Starting in late 2026, the property will undergo a phased renovation under Davidson's management to upgrade public spaces and guestrooms. The renovation aims to enhance the guest experience and create exceptional value.

2 min

Bain Capital and Smith Hill Capital Complete $94 Million Refinancing for Tampa Hotel Cala Rebranding Under Hilton Curio Collection

🏨 Bain Capital and Smith Hill Capital completed a $94 million refinancing for renovating and rebranding a 281-key hotel as Hotel Cala in Hilton's Curio Collection. Located on the Hillsborough River in Downtown Tampa's Riverwalk District, this seven-story hotel transformation includes redesigned guestrooms, meeting spaces, and a waterfront deck. The project aims to attract both business and leisure travelers, enhancing the property's value in Tampa's dynamic lodging market.

2 min

Inn-Flow Acquires AI-Powered Procurement Platform Lilo, Launches Integrated Financial Solution for Hospitality Industry

💰 Inn-Flow, based in Raleigh, North Carolina, announced the acquisition of Lilo, an AI-powered procurement platform for hospitality. This acquisition allows Inn-Flow to integrate procurement with its existing accounting and labor management systems, providing a unified financial platform for hotels. Key features include real-time financial connectivity, unified vendor search, and AI-driven insights. Lilo co-founders Nadine ElAshkar and Javier Araya join Inn-Flow in leadership roles to enhance product innovation and development.

3 min

80% of U.S. Host Cities Report Below-Forecast Hotel Bookings for 2026 FIFA World Cup, AHLA Finds

🏆 Washington, D.C. — The American Hotel & Lodging Association's FIFA World Cup 2026 Hotel Outlook highlights underwhelming hotel booking trends in U.S. host cities. 80% of hoteliers reported bookings below forecasts, with international demand suppressed by visa barriers and geopolitical issues. Only 25-30% of markets, like Miami and Atlanta, showed booking boosts. Kansas City reported 85-90% of bookings below expectations. Policies and costs add pressure in 11 cities, complicating the World Cup hospitality challenge.

2 min

Outbound Hotels Expands with 138-Room Outbound Sedona Opening on May 7, 2026, Featuring First Brand Spa

🏖 Outbound Hotels debuted Outbound Sedona on May 7, 2026. Located in Sedona, Arizona, the 138-room resort features design inspired by red rock landscapes, wellness amenities, and a variety of accommodations. The spa opens May 15, offering four treatment rooms, an adult pool, and saunas. Moonwater provides a unique poolside experience, while the upcoming Lucida restaurant will highlight Southwestern flavors. Guests enjoy access to trail essentials, tennis courts, and the Verde Shuttle service.

2 min

MGM Resorts Reports Q1 2026 Revenue of $4.5 Billion; MGM China and Digital Lead Growth with 9% and 43% Increases

💰 In Q1 2026, MGM Resorts International reported $4.5 billion in consolidated net revenues, a 4% increase. Net income was $125 million, down from $149 million last year. Las Vegas Strip Resorts earned $2.2 billion, with EBITDAR down 8% to $749 million. Regional operations saw $918 million in revenue, up 2%. MGM China revenues rose by 9% to $1.1 billion. MGM Digital achieved a 43% revenue increase to $183 million, reducing losses to $26 million. MGM Northfield Park operations sold for $546 million.

1 min

Castlerock Completes $13.5 Million Renovation of The Westin Nashville with AllianceBernstein $26.56 Million Financing

🏨 In Nashville, Tennessee, Castlerock completed a $13.5 million renovation of The Westin Nashville, a 456-room hotel, supported by $26.56 million in mezzanine financing from AllianceBernstein. Completed at approximately $29,600 per key, the project included updates to guestrooms, suites, and public spaces. Enhancements included new hardwood flooring, furnishings, meeting space upgrades, and “The Well” water refill station. Seamus Ross, CEO of Castlerock, emphasized alignment with traveler expectations and market strength.

ASSA ABLOY Acquires GESI Hospitality to Expand Vingcard's Presence in New York Metropolitan Area

📑 Vingcard, a part of ASSA ABLOY, acquired GESI Hospitality to enhance its presence in the New York metropolitan area. GESI, with over 30 years of experience, has a strong reputation for supporting local hospitality properties. The acquisition, announced in Stockholm, aims to combine GESI's local expertise with Vingcard's technology for improved customer service. GESI's offerings include system installation and customization of access solutions like door locks and mobile keys across New York City and nearby areas.

Alpine Realty Capital Facilitates Sale of HomeTowne Studios by Red Roof in Okemos, Michigan Through Off-Market Process

🏨 Alpine Realty Capital facilitated the sale of HomeTowne Studios by Red Roof East Lansing – Okemos in Okemos, Michigan. The transaction, completed confidentially, attracted multiple offers through Hotel Brokers International's website. East Lansing remains a prime hotel investment area due to demand from automotive manufacturers, the State government, corporate headquarters, and Michigan State University. Ed Walsh, president of Alpine Realty, confirmed the successful closing at a favorable price, respecting the owner's confidentiality wishes.

Americas Shows 5.3% Decrease in Hotel Pipeline Activity, Only Region with Decline in First Quarter 2026

🏨 Europe saw a 6.7% increase in hotel pipeline activity, totaling 456,023 rooms, with the UK leading in construction at 26,458 rooms. In Asia Pacific, total contracts rose by 1.6% to 982,629 rooms, led by China with 278,283 rooms. The Middle East & Africa experienced a 1.3% rise with 231,941 rooms, with Saudi Arabia at 51,513 rooms. The Americas declined by 5.3% to 878,114 rooms, with the US having 333,467 rooms.

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