Luke Martin - 10 Minutes News for Hoteliers

Marriott Reports 3.5% Increase in Select-Service Hotel RevPAR in Q1, Narrowing Gap with Luxury Sector

🏨 Marriott's first-quarter results reveal a shift in U.S. hotel demand beyond luxury. Select-service hotels saw a 3.5% increase in RevPAR, recovering from a 1% decline in Q4 2025. Luxury and resort hotels in the U.S. and Canada led with a 7% RevPAR rise. CEO Anthony Capuano credits the select-service rebound to Americans favoring drive-to over fly-to destinations due to rising fuel prices impacting airline fares. A K-shaped economic recovery is narrowing between luxury and lower-chain hotels.

Marriott Reports U.S. Select-Service Hotel Demand Rises 3.5% in Q1, Narrowing Gap with Luxury Sector

📈 Marriott reported that U.S. hotel demand is growing beyond the luxury segment in Q1, with select-service hotels seeing a RevPAR increase of 3.5%. Although lower than luxury and resort hotels' nearly 7% rise, this marks a rebound from a 1% decline in Q4 2025. The shift is attributed to more drive-to destinations due to rising airline fares, as highlighted by CEO Anthony Capuano. The gap in the K-shaped economy may be narrowing.

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Whitbread to Sell £1.5 Billion in Premier Inn Properties, Cut 3,800 Jobs in Strategic Overhaul

🏨 Whitbread plans to sell £1.5 billion ($2 billion) in freehold properties and cut 3,800 jobs as part of a strategic overhaul. The company aims to become a pure play hotel business over five years. Premier Inn, its budget hotel chain, operates over 900 properties with about 98,000 rooms in the UK, Ireland, and Germany. The announcement follows pressure from Corvex Management, which holds a 6% stake, questioning Whitbread's £3.5 billion investment plan.

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Dalata's CEO and Deputy CEO to Step Down Amid Post-Acquisition Restructure with Scandic Hotels Group

🏨 The CEO and deputy CEO of Dalata, Ireland's largest homegrown hotel operator, will step down later this year after a post-acquisition restructure. Dalata, managed by Scandic Hotels Group since November, expanded under CEO Dermot Crowley, who joined in 2012 and became CEO in 2021. The company added 16 hotels and 3,800 rooms across Ireland, the UK, and Europe. Three more hotels will open this year in Dublin, Edinburgh, and Berlin, with four in planning.

Mews Founder Richard Valtr Criticizes Hotel Industry's Lack of Imagination in Current AI Product Development

📚 Richard Valtr, founder of Mews, criticized AI products in the hotel industry during the International Hotel Investment Forum in Berlin last month. Valtr expressed disappointment at the lack of imagination among entrepreneurs and hotel groups, who he believes are reacting to AI rather than considering its implications. Mews, a cloud-based property management system, serves over 15,000 hotels in 85 countries. Valtr emphasized the importance of understanding consumer engagement with hotel brands rather than merely implementing AI features.

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Minor Hotels Targets Mid-2026 Singapore REIT Listing to Shift Toward Asset-Light Model While Retaining Key Properties

🏨 Minor Hotels, with 65% of properties owned, leased, or in joint ventures, is transitioning to an "asset right" model, differing from the 100% asset-light strategy of groups like Marriott. CEO Dillip Rajakarier plans a mid-2026 listing for a real estate investment trust (REIT) in Singapore, chosen for its mature market and attractive yields. The shift aims for long-term growth, not just immediate deleveraging, maintaining an expanding investor base.

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European Hotel Investment Reaches €14.6 Billion in 2025 Across 267 Deals Despite Global Challenges

💰 European hotel investment remained resilient in 2025, achieving over €14.6 billion ($17.1 billion) across 267 deals, reported by Global Asset Solutions. Each quarter saw capital deployment exceeding €3.4 billion ($4 billion), indicating stable demand. Chief Investment Officer Robert Walters expressed a balanced outlook for 2026, contrasting with the prior year's challenges like tariffs and market volatility, which had initially overshadowed the post-pandemic recovery.

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Minor Hotels Develops New AI Platform to Enhance Guest Experience Across Over 640 Properties Worldwide

💻 Minor Hotels is innovating a global data and AI platform to enhance guest experiences, aiming for improved marketing and service. Unlike other hotel groups, Minor, with over 640 hotels across 12 brands, is constructing its system from scratch, avoiding outdated technology constraints. Chief Commercial Officer Ian Di Tullio emphasizes their approach as a "fundamental difference" since most competitors add AI to legacy systems, limiting speed and impact.

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B&B Hotels Plans Further Expansion with 57 New Openings in 2025, Strengthening Position in European Market

🏨 B&B Hotels, a leading budget hotel operator in Europe, operates 900 hotels across 19 countries, targeting fragmented markets. In 2025 alone, 57 new hotels are set to open. CEO Céline Vercollier aims to enhance the company’s leadership position, with a strong focus on Europe. Currently, B&B Hotels has a significant presence in France (445 hotels), Germany (239), Italy (91), and Spain (63), despite recent expansions into the UK and U.S.

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IHG, Marriott, and Hyatt Focus on Midscale Growth with Emphasis on Conversions to Expand Hotel Portfolios

🏨 IHG, Marriott International, and Hyatt focus on midscale growth in April 2026 through hotel conversions, providing a faster and cheaper expansion method. Karen Gilbride, IHG's VP, highlighted the demand for affordable and quality accommodations. IHG already operates over 5,000 midscale properties, while Marriott and Hyatt aim to grow in this segment. Felicity Black-Roberts of Hyatt emphasizes catering to real guest demand across European markets.

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