LODGING Staff - 10 Minutes News for Hoteliers - Page 75

1 min

Key West Historic Inns Joins Small Luxury Hotels of the World, Adding Four Boutique Properties in Old Town Key West

🏨 Key West Historic Inns, a collection of boutique properties in Old Town Key West, joined Small Luxury Hotels of the World (SLH) in March 2026. The properties include Lighthouse Hotel, Winslow’s Bungalows, Ridley House, and Ella’s Cottages, offering travelers personalized, historic experiences near Duval Street and cultural landmarks. Sara Nolan, managing director, highlights the partnership as a way to showcase Key West's history and culture to those seeking unique boutique stays.

1 min

The Livingston, Brooklyn's First Hyatt-Branded Hotel, Opens with 104 Rooms and Upscale Amenities

🏨 The Livingston debuted in Brooklyn, New York, as the first Hyatt-branded hotel in the area, developed by Midas Hospitality and ACRES Capital. It features 104 rooms, 15 with balconies, offering city views. Located near the Barclays Center and Brooklyn Museum, it provides easy access to Manhattan. Amenities include complimentary WiFi, a 55-inch TV, and pet-friendly options. Guests can enjoy dining at The Grove Lantern and Goldfinch Café, with a rooftop terrace available for events.

2 min

Hilton Announces Exclusive Franchise Agreement with YOTEL, Expanding Lifestyle Segment Across 23 Hotels in 10 Countries

🏨 Hilton signed an exclusive franchise agreement with YOTEL, expanding Hilton's global portfolio by integrating YOTEL's 23 hotels across 10 countries. The goal is to triple YOTEL's portfolio under the new Select by Hilton brand. This partnership enhances YOTEL's visibility while maintaining its unique brand identity. The first Select by Hilton hotels are set to be bookable via Hilton channels by late 2026. YOTEL, launched in London in 2007, is known for its tech-forward amenities.

1 min

Roomiy Finance Launches NOI-as-a-Service to Boost Hotel Profitability with Predictable Cash Flow Model

💸 Roomiy Finance, based in San Francisco, California, launched NOI-as-a-Service to enhance hotel profitability without increasing debt. This fintech solution converts future room nights into predictable cash flow, bypassing credit card fees and commissions with a flat fee. Amid shrinking margins, high labor costs, and weak RevPAR growth, Roomiy’s platform lowers distribution costs to boost net operating income (NOI). Co-founders Khalid Ladha and Duncan Hall emphasize cost control and operational simplicity for hotels.

2 min

TakeUp's 2026 Report Reveals Rising Travel Demand with Diverging Spending Patterns Across Budget and Luxury Segments

📈 Travel demand in 2026 remains steady, with 56% planning similar travel as in 2025. Growth outpaces decline, with 28% traveling more, and 13% less. Among 300 U.S. travelers surveyed, 76% plan multiple overnight trips. Spending increases, with 39% spending more and 9% less, while 79% of luxury travelers increase spending. Price sensitivity rises: 42% more sensitive to accommodation costs, 43% switch properties, and 31% shorten stays if prices are high. Driving is a cost-control strategy, with 28% opting to drive more.

2 min

Highline Hospitality Partners Acquires Hilton DFW Lakes, Expanding Portfolio to 18 Hotels and Over 5,000 Rooms

🏨 Highline Hospitality Partners acquired the Hilton DFW Lakes Executive Conference Center in Grapevine, Texas, marking their 18th hotel acquisition. Situated on 29 acres, the hotel features 397 rooms, 72,000 sq. ft. of meeting space, and amenities like 12 pickleball courts. Managed by Avion Hospitality, the acquisition expands Highline's portfolio to 22 properties, overseeing assets worth nearly $1.5 billion. Highline aims to enhance the hotel's meeting spaces to boost competitive positioning.

2 min

Lynette Montoya Advocates for Greater Diversity in Hotel Investment as CEO of Latino Hotel Association

🏨 Lynette Montoya, CEO of the Latino Hotel Association, sold The St. Anthony Hotel in San Antonio and worked with John Q Hammons. Mentored by Dorraine Lallani, she navigated a male-dominated industry. In 2025, women in C-suite roles were still underrepresented. She advocates for increasing diversity and Latino ownership in hospitality. Looking to 2026, Montoya believes diversity and inclusion will remain challenging, emphasizing the importance of advocacy and education in the hotel investment sector.

2 min

Colwen Hotels and XSS Hotels Complete Multi-Year Transformation, Launch The Framingham Hotel Collection with 371 Rooms

🏨 Colwen Hotels and XSS Hotels completed a major transformation of Framingham's Castle Hotel into The Framingham Hotel Collection, featuring three hotels: Renaissance Framingham Hotel & Conference Center, Fairfield Inn & Suites Framingham, and TownePlace Suites Framingham, offering 371 rooms. This renovation includes over 25,000 square feet of modern event space. The destination features updated meeting spaces, and three new dining options, enhancing its appeal in Massachusetts, near Boston.

1 min

Crescent Hotels & Resorts Adds La Posada de Santa Fe to Portfolio, Plans Enhancements for Iconic Property

🏨 Crescent Hotels & Resorts added La Posada de Santa Fe, a Tribute Portfolio Resort & Spa, to its portfolio. Located in downtown Santa Fe, New Mexico, this Victorian-style hotel offers 157 rooms, including Pueblo Revival-style adobe casitas. Amenities include a spa, salon, heated outdoor pool, and hot tub. The property is near the Plaza, providing access to local shops and galleries, and features a dedicated art curator showcasing Southwestern art.

3 min

AHLA Warns Proposed New York City FY27 Budget Could Increase Hotel Costs, Threatening Jobs and Economic Recovery

📈 WASHINGTON, D.C.—In March 2026, the American Hotel & Lodging Association (AHLA) testified about New York City's FY27 budget proposal, highlighting potential financial strain on hotels from tax increases like a 9.5% Real Property Tax hike. New York hotels support 264,000 jobs, generating $4.9 billion in tax revenue by 2026. Rising costs outpace revenue growth, while a 5% drop in international visitors occurred in 2025, impacting the $38.4 billion spent annually by hotel guests.

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