Hotels

Jinmao resumed independent operation of its hotel business in August 2026, rebranding the former Hyatt Regency Chongming Shanghai Jinmao as Shanghai Chongming Jinmao Yiyin Hotel. This marks Jinmao's move from cooperation with international brands to independent hotel operations with proprietary brands.

Sunstone Hotel Investors reported adjusted FFO of $0.32 per share for Q2 2026, beating expectations of $0.09. Revenue rose 6.7% to $277.1 million, but shares fell 2.6% afterward.

United Hospitality Management has signed three new hotel management deals with IHG Hotels & Resorts in India, adding 182 keys. The hotels, scheduled between 2027 and 2029, expand UHM's presence across leisure and business markets.

Sunstone Hotel Investors reported adjusted FFO of $0.32 per share in Q2 2026, exceeding estimates. The company’s 13 hotels saw room revenue rise 7.8% to $168.3 million.

A Derek Jeter-backed company is constructing a luxury hotel near the University of Alabama. The project will include 68 units, with development news announced on August 5, 2026.

Sunstone Hotel Investors reported adjusted FFO of $0.32 per share in Q2 2026, beating estimates of $0.09. Revenue increased 6.7% year-over-year to $277.1 million.

Sunstone Hotel Investors reported adjusted FFO of $0.32 per share in Q2 2026, exceeding the $0.09 consensus estimate. Revenue rose 6.7% year-over-year to $277.1 million.

Derek Jeter supports a company developing a luxury hotel near the University of Alabama. The hotel will feature 68 units.

Jinmao ended cooperation with Hyatt and renamed its Chongming hotel as Jinmao Yiyin in August 2026. The company now operates the hotel independently after over 50% weekday occupancy during the Hyatt partnership.

Sunstone Hotel Investors reported adjusted FFO of $0.32 per share in Q2 2026, surpassing estimates by a wide margin. Total revenue increased 6.7% year-over-year to $277.1 million.