LODGING Staff - 10 Minutes News for Hoteliers - Page 84

2 min

Drury Hotels Announces New Hotel in Lincoln, Nebraska

🏨 Drury Hotels, with over 150 properties in 27 states, is constructing a new Drury Plaza Hotel in downtown Lincoln, Nebraska, near the University of Nebraska-Lincoln and less than 10 minutes from Lincoln Airport. Reservations are open for February 2026 and beyond. The hotel will offer 210 guest rooms, 2,400 square feet of meeting space, and amenities like free hot breakfast, 5:30 Kickback, Wi-Fi, business and fitness centers, an indoor pool, spa, dining options, and a guest market. The property will create about 55 jobs in the Lincoln area.

3 min

Preferred Hotels & Resorts Welcomes 19 New Member Properties

🏠 Preferred Hotels & Resorts added 19 new properties to its global portfolio from January 1 to March 31, 2025. The expansion includes Andronis Luxury Suites in Santorini, Greece, with 39 suites and villas, Boar’s Head Resort in Charlottesville, Virginia, featuring 168 rooms, and Hotel Convent de la Missio in Palma de Mallorca, Spain, offering 27 guestrooms. Other properties span across 12 countries, including NÓR Hotel & Spa in São Roque, Brazil, and The Archipelago in Yilan, Taiwan China. CEO Lindsey Ueberroth highlighted the growth as part of their diverse luxury experiences for travelers. Additional properties joined from cities like Budapest, Milan, Salò, and Charleston.

1 min

AHLA Statement on House Passage of the Hotel Fees Transparency Act

🏨 The U.S. House of Representatives passed the bipartisan Hotel Fees Transparency Act of 2025, introduced by Representatives Young Kim (R-CA-40) and Kathy Castor (D-FL-14). The American Hotel & Lodging Association (AHLA) praised the decision and urged the Senate to follow suit. AHLA has advocated for federal fee-transparency bills, including the 2024 House-passed No Hidden FEES Act and the Senate’s Hotel Fees Transparency Act. This legislation aims to establish a federal standard for price advertising in the lodging industry to ensure consumers see all-in upfront pricing.

1 min

Hilton Reports Q1 2025 Results

🏨 Hilton Worldwide Holdings Inc. reported Q1 2025 results with a diluted EPS of $1.23, adjusted EPS of $1.72, and net income of $300 million. Adjusted EBITDA hit $795 million, with a 2.5% rise in system-wide comparable RevPAR. The company's development pipeline reached 503,400 rooms, marking a 7% increase from the previous year. Hilton added 20,100 rooms, bought back 3.7 million shares, and returned $927 million to shareholders in Q1. Projected full-year 2025 figures include flat to 2.0% RevPAR growth, net income of $1,707-$1,749 million, Adjusted EBITDA of $3,650-$3,710 million, and $3.3 billion in capital returns.

2 min

Marriott Bonvoy Announces Partnership With Award-Winning Chef Pati Jinich

🍕 Marriott Bonvoy partners with Chef Pati Jinich for exclusive gastronomic experiences for members. Jinich, a James Beard Award-winner and NYT best-selling author, brings the heart of Mexican culture and cuisine to Marriott Bonvoy. Recently named in "Post Next: 50 People Shaping Our Society in 2025" and as a Top 5 Border Ambassador by the Council of the Americas, Jinich will also host Marriott Bonvoy Moments, like the recent event at JW Marriott Mexico City Polanco.

2 min

Courtyard Nassau Downtown/Junkanoo Beach Completes First Phase of Remodeling

🏖️ Courtyard by Marriott Nassau Downtown/Junkanoo Beach, located in Nassau, Bahamas, completed its first renovation phase, featuring two pools, on-site dining, an alfresco pool bar, and group hosting capabilities. General Manager Nigel Francis spearheads the transformation aimed at creating a community hub. The hotel is close to Nassau’s downtown, Junkanoo Beach, and 9 miles from NAS International Airport. It boasts over 6,000 square feet of event space, including a ballroom for 250 guests, offering on-site catering and modern audio-visual technology.

3 min

Sabre Enters Into Agreement to Sell Its Hospitality Solutions Business Unit to TPG

💰 Sabre Corporation in Southlake, Texas, to sell its Hospitality Solutions business to TPG for $1.1 billion. TPG Capital will invest, making Hospitality Solutions a standalone entity serving over 40% of top hotel brands with its SaaS platform. Sabre's net proceeds of roughly $960 million will go towards debt reduction. The deal, aiming to optimize Sabre's portfolio and leverage, follows debt refinancings in December 2024 and April 2025 debt repayments. The sale is part of Sabre's strategy to focus on its core airline IT and marketplace platforms. The transaction is expected to close by Q3 2025, pending regulatory approval.

2 min

La Quinta by Wyndham Batumi Opens its Doors

🏕 Wyndham Hotels & Resorts launched La Quinta by Wyndham in Batumi, Georgia, to cater to tourists, business travelers, and digital nomads. Georgia saw 7.4 million international visitors in 2024, a 4.2% year-over-year increase. La Quinta by Wyndham Batumi features 98 rooms, on-site parking, a 24/7 fitness center, wellness center, an international restaurant, and a bar. It's close to attractions like Batumi Beach and Batumi International Airport. The expansion reflects Wyndham's EMEA growth strategy and Georgia's booming tourism.

3 min

Marriott International to Acquire citizenM Brand

🏨 Marriott International, headquartered in Bethesda, Maryland, is set to acquire citizenM—a lifestyle brand with 36 hotels and 8,544 rooms globally, in cities such as New York, London, Paris, and Rome. The $355 million transaction will bolster Marriott's select-service and lifestyle offerings, incorporating a pipeline of 3 hotels (600+ rooms) slated to open by mid-2026. Post-acquisition, the brand will join Marriott's system with new long-term franchise agreements. Anticipated stabilized fees are approximately $30 million annually, with potential earn-out payments up to $110 million based on brand growth over the years. The deal awaits U.S. regulatory approval.

2 min

Peachtree Group Secures Approval for Four Regional Centers, Expanding EB-5 Investment Capabilities

🏦 Peachtree Group, in Atlanta, Georgia, received USCIS approval for four EB-5 regional centers in 2023 to expand its national EB-5 program footprint. They've secured I-956F approvals for three hotel developments: Home2 Suites in Boone (NC), TownePlace Suites in Palmdale (CA), and SpringHill Suites in Bryce Canyon City (UT). EB-5 visa program offers foreign investors green cards for a minimum $800,000 investment creating at least 10 full-time US jobs. Peachtree aims to sponsor and structure more EB-5 projects, tapping into low-cost capital and facilitating economic development and job creation.

Input your search keywords and press Enter.