Centara Hotels saw weakened performance at its Dubai and Japan locations. The drop is linked to ongoing geopolitical tensions impacting hotel demand and revenues.
Sunstone Hotel Investors maintains steady stock supported by rising RevPAR primarily from higher daily rates across US upscale and resort hotels. The company controls leverage tightly between three to four times net debt to EBITDA and manages capital expenditures through extensive renovation programs.
Hilton Greater China has launched Tempo by Hilton in China, entering the mid-to-upscale lifestyle hotel segment. The brand’s first hotels will open in Xiamen, Beijing, Chengdu, and Jiaxing as Hilton plans to double lifestyle hotels in China soon.