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Swasti Sharma

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IHG Owners Association Launches Quarterly Owner Confidence Index, First Survey Shows U.S. Hotel Confidence at 45.2

📈 The IHG Owners Association launched the Owner Confidence Index (OCI) in September 2026 to gauge U.S. hotel owner sentiment on revenue and profitability. The initial survey scored 45.2, below the neutral mark of 50. Key concerns include rising costs (45%) and economic uncertainty (53%). Founded in 1955, the Association represents over 5,000 IHG hotel owners globally, providing insights beyond individual brands. OCI results are paired with CoStar’s forecasts to enhance industry analysis.
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Concord Hospitality to Manage Over a Dozen Hotels and Restaurants in Washington, D.C., North Carolina, and New Jersey

🏨 Concord Hospitality is set to manage over 12 hotels and restaurants in North Carolina, New Jersey, and Washington, D.C. In D.C., they add One Washington Circle and The Satire in Alexandria, Va. Upcoming properties: The Union Hotel in Flemington, N.J. (100 rooms), and The Vintedge in Lyndhurst, N.J. In early 2027, The Wren will open in Raleigh and The Beckworth Hotel in Charlotte, N.C. (240 rooms). Concord emphasizes digital marketing and exceptional guest experiences.
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PM Hotel Group Expands in Florida with Addition of 183-Room Hyatt House Naples/5th Avenue to Portfolio

🏨 PM Hotel Group adds Hyatt House Naples/5th Avenue, a 183-room hotel, to its Florida portfolio. Opened in 2016, it offers guestrooms and suites, some with kitchens and balconies. Amenities include an on-site marina, outdoor pool, restaurant, fitness center, complimentary breakfast, and 3,100 sq. ft. of meeting space. This expands PM Hotel Group's national presence of over 90 hotels, with collaboration from Finfrock and The Plasencia Group. 👨‍👩‍👧‍👦
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Aimbridge Hospitality to Manage The Westin Cincinnati and Future Cincinnati Downtown Marriott in $828 Million Project

🏨 Aimbridge Hospitality now manages The Westin Cincinnati, a 456-key hotel, and will operate the 700-key Cincinnati Downtown Marriott under construction in the Convention District. The Marriott, anchoring an $828 million redevelopment, began construction in July and secured $540 million in financing. Portman, the developer, acquired The Westin in 2025 and plans renovations next year. The Marriott will feature 60,000 sq. ft. of meeting space and a 17,000 sq. ft. events terrace. Aimbridge is an equity partner in the project.
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Generator Acquires Novotel London Greenwich, Signs Paris Office Conversion to Double Portfolio by 2031

🏨 Generator acquired Novotel London Greenwich to convert it into Generator London Greenwich by January 2027, with renovations starting in spring 2027. The Paris office building in the 13th arrondissement will become Generator Paris Place d’Italie, featuring private and shared rooms and 3,200 sq ft of social spaces. The firm aims to double its global portfolio by 2031. Generator secured the Paris agreement after a 2025 tender, due to its success in transforming urban properties.
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Ruby Lilou Opens in Marseille as IHG's Ruby Brand Debuts in France with 237 Rooms and Workspaces

📍 Ruby, an IHG Hotels & Resorts brand, opened Ruby Lilou in Marseille, marking its French debut, alongside Ruby Yani Workspaces. Ruby Lilou, with 237 rooms, is located between Vieux Port and La Joliette, a 3-minute walk from the Joliette metro station. Ruby Yani offers 126+ workstations; membership starts at €60/month. The hotel features a 24/7 bar, cafe, and a 300 sq ft rooftop terrace. Marseille Provence Airport is 45 minutes away by public transport.
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Hilton Transitions Waldorf Astoria and Conrad Tulum Riviera Maya to All-Inclusive Resorts with Distinct Experiences

🏝️ Hilton announced the transition of Waldorf Astoria Riviera Maya and Conrad Tulum Riviera Maya to All-Inclusive experiences. Waldorf Astoria will focus on "oceanfront privacy" for guests 18+, while Conrad Tulum will cater to all ages, offering an Adults-Only section. Both resorts emphasize personalized services and cultural exploration. Waldorf Astoria includes yoga and Mayan activities, while Conrad Tulum features diverse culinary venues and themed programming.
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