LODGING Staff - 10 Minutes News for Hoteliers - Page 48

1 min

LivAway Suites Breaks Ground on First Nevada Location in North Las Vegas, Expanding to 22 U.S. Sites

🏨 North Las Vegas sees the groundbreaking of LivAway Suites' first Nevada location. With 22 sites open or in development nationwide, and 10 more markets expected by year-end, they continue expanding. This property, near I-15, aims to attract healthcare workers, military personnel, and more, being close to North Las Vegas VA Medical Center, Nellis Air Force Base, and the Las Vegas Motor Speedway. LivAway's integrated platform enhances performance and scalability, according to CEO Mike Nielson.

4 min

Hyatt Reports Q1 2026 Net Income of $38 Million and 5.4% RevPAR Increase from Q1 2025

💰 Hyatt Hotels Corporation's Q1 2026 results show a 5.4% RevPAR increase and a 5.0% net rooms growth in Chicago. Net income rose to $38M, with gross fees up 8.6% at $333M. Adjusted EBITDA grew by 2.1% to $266M, and 840,249 shares were repurchased for $135M. Total debt stood at $4.3B with $2.2B in liquidity. Notable openings included Andaz Lisbon and Shanghai ITC. A $0.15 dividend is declared for June 11, 2026.

1 min

Woods Cove Inn in Laguna Beach to Reopen as Independent Boutique Hotel on May 11 under New Ownership

📍 Woods Cove Inn, a 22-room boutique hotel, will reopen on May 11 in Laguna Beach, California, along the Pacific Coast Highway. Owned by Blake Marriott, it transitions from the Sonder brand to an independent hotel with management by Parable Hospitality. Didi Shields serves as the general manager. The property features design by CPD Studio and includes amenities like natural wood touches, commissioned artwork, a swimming pool, and various curated guestroom offerings.

2 min

Ensemble Assumes Management of Hotel Nia, Enhancing Its Silicon Valley Hospitality Portfolio with 250 Guestrooms

🏨 Ensemble has taken over management of Hotel Nia, Autograph Collection, in Menlo Park, CA. Opening in 2018, this hotel is part of the Menlo Gateway project in Silicon Valley. It features 250 rooms, over 21,000 sq ft of meeting space, and more. Ensemble aims to enhance guest experience and expand its presence in Northern California, where it manages several luxury properties. The hotel is close to major tech campuses like Meta.

U.S. Hotel Rooms Under Construction Decline 5.4% in March 2026, Continuing 15-Month Downward Trend

🏨 U.S. hotel rooms under construction decreased for a 15th consecutive month in March 2026, per CoStar. The construction phase had 136,990 rooms, down 5.4% from March 2025. Final Planning saw 247,728 rooms, down 9.3%, while Planning counted 333,467 rooms, down 7.3%. Luxury hotels increased by 4.5% with 8,039 rooms. The most rooms in construction were in the Upper Midscale segment, 40,179 rooms. The pipeline is still moving forward, particularly from earlier stages into construction.

Wyndham Hotels & Resorts Reports 4% Global Room Growth and $73 Million Adjusted Net Income in Q1 2026 Results

💰 Wyndham Hotels & Resorts reported Q1 2026 results from Parsippany, New Jersey. System-wide rooms grew 4%, with a 3% increase in the development pipeline to over 259,000 rooms. Ancillary revenues increased 21%, while net income was flat at $61 million. Adjusted EBITDA rose 8% to $156 million. The company returned $85 million to shareholders and issued $650 million in senior unsecured notes. Global RevPAR decreased 1%, with notable regional variations. The net debt leverage ratio was 3.5x.

PM Hotel Group Releases 2024 Sustainability Report with Key Environmental and Social Initiatives Achievements for 2025

📈 PM Hotel Group, based in Chevy Chase, Maryland, released its eighth annual sustainability report for 2025, coinciding with its 30th anniversary. The company achieved a 5% reduction in energy use intensity, installed 18 electric vehicle chargers, and realized $300,000 in energy savings projects. Over 1,300 LEED-certified keys were managed, and 2,200 employment hours were created for disadvantaged individuals. Over 20 organizations were supported during the annual Day of Giving, with a 94.4% associate engagement survey participation rate.

1 min

HEI Hotels & Resorts Adds 21st Florida Property with Embassy Suites Palm Beach Gardens Acquisition

🏨 HEI Hotels & Resorts has added the Embassy Suites Palm Beach Gardens PGA Boulevard in Florida to its portfolio, marking its 21st property in the state. The 160-room hotel is located off I-95, near PGA National Resort. It recently underwent a significant guestroom renovation and will see major lobby upgrades and repositioning of its food and beverage outlet. CEO Anthony Rutledge highlights the property’s high performance, aiming to maximize its value.

2 min

Noah Brodsky Appointed CEO of Under Canvas, Succeeding Matt Gaghen Who Becomes Executive Chairman Until 2026

🏖️ Noah Brodsky was appointed CEO of Under Canvas in Denver, Colorado, succeeding Matt Gaghen, who served since 2020. Gaghen will become executive chairman until the end of 2026, then join the Board of Directors. Under Canvas has expanded to 17 destinations, launching ULUM, a luxury outdoor brand. Brodsky, with over 20 years in hospitality including roles at Lindblad Expeditions and Travel + Leisure Co., aims to enhance meaningful, place-based travel experiences.

1 min

American Hotel & Lodging Association Supports Senate's Bill to Extend Terrorism Risk Insurance Act Until 2027

📈 The American Hotel & Lodging Association supports the U.S. Senate's introduction of the Terrorism Risk Insurance Act (TRIA) extension. TRIA provides a federal backstop for terrorism-related claims, crucial for the hotel industry's stability and future development. The current act is set to expire at the end of 2027. The bipartisan effort aims to ensure long-term economic certainty, urging Congress to pass the extension promptly.

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