LODGING Staff - 10 Minutes News for Hoteliers - Page 40

1 min

U.S. Hotel Industry Sees 4.3% RevPAR Growth in February 2026; San Francisco Leads with 51% Increase.

📅 In February 2026, Arlington, Virginia—The U.S. hotel industry performance improved from February 2025. Occupancy increased by 2.3% to 60.4%, ADR rose by 2.0% to $162.58, and RevPAR grew by 4.3% to $98.28. San Francisco saw the highest gains with occupancy up 17.8% to 72.4%, ADR up 28.1% to $274.69, and RevPAR up 51.0% to $198.99, aided by Super Bowl LX. New Orleans experienced the steepest ADR and RevPAR declines, while Boston had the largest occupancy drop.

U.S. Hotel Bookings Surge by 16.94% for Easter 2026 as ADR Rises 2.43% to $294.85

🏨 U.S. hotels saw a 16.94% increase in bookings for Easter 2026 compared to 2025. Average Daily Rates rose 2.43% to $294.85, and the average stay length grew by 2.53% to 2.03 days. Booking lead times dropped 10.89% to 64.05 days, and cancellations decreased 21.04%. In eight international markets, bookings increased 11.66%, with room nights up 17.46% and ADR up 1.80%. Travelers show more confidence, with shorter booking lead times and fewer cancellations.

Highline Hospitality Partners Acquires Historic Westin Poinsett Hotel in Greenville, Marks 19th Hotel Acquisition

🏨 Highline Hospitality Partners announced their acquisition of The Westin Poinsett in Greenville, South Carolina, marking their 19th hotel acquisition and third in 2026. Built in 1925, this 11-story hotel has 200 guestrooms, a full-service restaurant, lobby bar, a coffee shop, and nearly 10,000 square feet of meeting space. HEI Hotels & Resorts will manage the hotel. Plans include targeted renovations to improve its competitive position in the Greenville hospitality market.

4 min

Hyatt Opens 123-Room Caption by Hyatt Hotel in Chattanooga, Marking Brand's Debut in the City

🏨 Hyatt has opened the 123-room Caption by Hyatt Chattanooga Downtown in Tennessee, marking its debut in the city. Developed by 3H Group Inc. and operated by LBA Hospitality, the hotel features floor-to-ceiling windows, 55-inch HDTVs, and plant-based bath amenities. Dining options include Nomia Modern Kitchen and Stratus Rooftop Lounge. The hotel also offers versatile meeting spaces and is located 15 minutes from Chattanooga Metropolitan Airport. Guests can use the Chattanooga Red Line free shuttle.

2 min

JLL Arranges Refinancing for 506-Room Marriott Nashville Tri-Brand Hotel in Downtown Nashville, Tennessee

📍 JLL’s Hotels & Hospitality Group arranged refinancing for the Marriott Nashville Tri-Brand, a 506-room hotel in downtown Nashville, Tennessee. The five-year loan was secured for North Point Hospitality. The hotel, one of two tri-brand hotels in the U.S., opened in January 2019, with a $13 million expansion completed in January 2025. It features three Marriott brands, six dining outlets, 9,016 sq. ft. of meeting space, and 275 parking spaces.

1 min

Marcus & Millichap Report Projects Philadelphia Hotel Occupancy to Rise to 64.9% in 2026 with Strong ADR Growth

📊 In 2026, Philadelphia's hospitality sector is poised for growth. Approximately 600 new hotel rooms are expected, boosting occupancy to 64.9%, making it a top growth market. The average daily rate (ADR) is forecasted to hit $158.45, driving RevPAR up to $102.82. These increases are fueled by major global and national events. Tim Stephenson from Marcus & Millichap highlights the city's favorable investment environment due to limited new supply and rising RevPAR.

2 min

Omni Hotels & Resorts Begins Development on 143-Room Omni Midland Hotel, Its Twelfth Property in Texas

🏨 Omni Hotels & Resorts began development on the Omni Midland Hotel in Dallas, Texas, marking its 12th Texas location. The project features 16,000 sq. ft. of meeting space, a 5,640 sq. ft. ballroom, and 143 guestrooms. There will be three dining options, a rooftop pool, full-service spa, and an 800-space parking garage. Designed by HKS Architects, the hotel reflects Midland’s heritage and is located near the George H.W. Bush Convention Center.

1 min

White Lodging Acquires 353-Room Sheraton Raleigh Hotel, Plans Renovation and Rebranding to Westin by 2027

📍 White Lodging acquired the 353-room Sheraton Raleigh Hotel in downtown Raleigh, North Carolina, and plans a comprehensive renovation to rebrand it as a Westin by early 2027. This is White Lodging's first acquisition in Raleigh. The company manages around 60 hotel properties in 17 markets, including the JW Marriott Charlotte in North Carolina. White Lodging also plans to open Hotel Trinity Austin, Autograph Collection, in Texas later this year.

2 min

Extended Stay America Opens 146-Room Suites Hotel in Houston's Galleria District, Targeting High-Demand Urban Market

📌 Extended Stay America Suites – Houston – Galleria opens in Houston's Uptown/Galleria district. Owned by Ishan and Binoy Patel of SAI RAM Galleria LLC, the 146-room hotel caters to long-term stays with amenities like full kitchens, free WiFi, and a fitness room. Located near major corporations and healthcare centers, the property aims to meet demands in this high-barrier, high-demand area. It's designed for both business and leisure travelers and offers free parking and breakfast.

2 min

Marriott International Enters Joint Venture to Integrate Lefay's Luxury Wellness Brand into Its Portfolio

🏨 Marriott International and the Leali family announced a joint venture to integrate the luxury wellness brand Lefay into Marriott's portfolio. Founded in Italy in 2006, Lefay has two resorts and three developments in Tuscany, Southern Italy, and the Swiss Alps. The brand focuses on eco-resorts with wellness programs. This partnership aims to expand Lefay globally, enhancing Marriott's luxury offerings with wellness-focused experiences. The deal awaits customary approvals.

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