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Braemar Hotels & Resorts Abandons Sale, Faces $505 Million in Fees to Self-Manage Amid Hotel REIT Surge

🏨 Braemar Hotels & Resorts is dropping its sale plans to self-manage, incurring $505M in termination fees to Ashford Inc. After selling a 3-hotel portfolio for $437.5M, they net $330M post-debt, necessitating further asset sales. Analysts are split: Baird sees risks in smaller REITs, while Truist highlights strong sector performance. Hotel REITs boast impressive stock gains and favorable RevPAR trends, despite Braemar’s challenges with angry shareholders and potential litigation.
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  • 3 min

Luxury Hotel Transactions Surge in Q1 2026, Exceeding $1 Million Per Key and RevPAR Reaches 148% of Pre-Pandemic Levels

🏨 In Q1 2026, the luxury hotel market soared, with transactions exceeding $1 million per key. Ultra-luxury RevPAR reached $872, 148% of pre-pandemic levels, while the broader U.S. market achieved 120% recovery. Notable sales include The Four Seasons Resort Orlando at $765 million and The Ritz-Carlton Central Park at $320 million. Private equity accounted for 70% of luxury deals, up from 43% in 2025. With global wealth growing at 9.6% annually, asset scarcity drives intense competition.
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  • 0 min

Phocuswright Report Reveals Key Changes in U.K., France, and Germany Travel Behaviors and AI's Rising Role

🗺 U.K., France, Germany: Leisure travel remains stable. U.K. leads in travel frequency, valuing convenience. France shifts away from domestic travel, favoring alternative accommodations and experiences. Germany sees the largest increase in air travel and spending, choosing structured lodging over short-term rentals. Online travel agencies (OTAs) surpass general search for trip planning. AI's role grows, especially in destination selection. Phocuswright's Europe Consumer Travel Report 2026 details these changes.
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Mountain Biking Offers Diverse Routes and Experiences Around Machu Picchu, Enhancing Journey with Adventure and Exploration

🚵 Mountain biking in Peru offers a unique experience around Machu Picchu by traversing high-altitude routes, rural villages, and Inca paths. Starting in Cusco at 3,400 meters, riders enjoy diverse terrains, from Pisac Lagoons at 4,200 meters to technical trails in Lamay and Maras. E-bike routes span 22 kilometers for beginners, while enduro and downhill routes require skill. Cycling here means acclimatizing to altitude and sharing paths with locals, adding depth to visiting Peru’s iconic site.
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Design Hotels Adds 16 Palisociety Properties Across Nine U.S. Locations, Largest Portfolio Expansion to Date

🏨 Design Hotels adds 16 Palisociety properties, operated by Los Angeles-based owners, marking its largest portfolio addition. The hotels span nine U.S. destinations with over 1,000 keys. This expansion will help Design Hotels, part of Marriott International, exceed 100 hotels in the Americas. Founded in 2008, Palisociety runs more than 20 hotels and properties. New members will benefit from Design Hotels and Marriott services, including joining Marriott Bonvoy soon.
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