Hyatt delays some hotel openings, boosts mid-market development
Hyatt delayed hotel openings from late 2026 to 2027 and trimmed its 2026 net rooms growth forecast to about 6%. The company is accelerating mid-market development with new financing support.
Hyatt Lowers Room Growth Outlook Amid Delays in Middle East, Mexico
Hyatt lowered its room-growth outlook due to delays in hotel openings in the Middle East and Mexico. Ongoing challenges and market pressures in these regions have slowed Hyatt's expansion.
Leela Palaces Reports 28% Revenue Growth and 460% Profit Rise in Q1 FY27
Leela Palaces Hotels & Resorts Limited recorded a 28% rise in operating revenue and a 460% increase in profit in Q1 FY27. The brand ranked #2 globally by Travel + Leisure in 2026.
Hyatt Lowers 2026 Net Rooms Growth to 6% and Accelerates Mid-Tier Buildout
Hyatt lowered its net rooms growth forecast for 2026 to approximately 6% due to delayed hotel openings. The company is boosting development of its mid-tier Hyatt Studios brand with a $500 million credit facility.
Hyatt Lowers 2026 Room Growth Forecast, Delays Some Hotel Openings
Hyatt lowered its 2026 net rooms growth forecast to about 6%, citing delayed hotel openings and regional market pressures. The company is betting on its mid-market Hyatt Studios brand, backed by a $500 million credit facility.
DiamondRock Q2 2026 Results Show RevPAR Growth and Dividend Increase
DiamondRock Hospitality reported a 7% increase in RevPAR and a 5.5% rise in total hotel revenue for Q2 2026. The company boosted its quarterly dividend by 22% and raised its full-year financial outlook.
Barnsley Resort Joins American Express Hotel Collection as of August 2026
Barnsley Resort joined the American Express Hotel Collection in August 2026. The resort was promoted on Amex Travel Australia and American Express websites.
Xenia Hotels Raises 2026 Guidance After Q2 Results and Portland Hotel Sale
Xenia Hotels raised its full-year 2026 earnings guidance after releasing Q2 results that modestly exceeded expectations. The company completed the sale of Kimpton RiverPlace Hotel in Portland and reported strong RevPAR gains across major U.S. markets.
Hyatt Revises 2026 Room Growth Forecast Down Amid Hotel Opening Delays
Hyatt lowered its 2026 net rooms growth forecast to approximately 6% after delaying some hotel openings from Q4 2026 to 2027. The company is accelerating mid-market hotel development backed by a $500 million credit facility and has partnered with Hall Structured Finance for construction loans.
Xenia Hotels Q2 2026 Earnings: $78.1M EBITDAre, Kimpton RiverPlace Sold for $11M
Xenia Hotels & Resorts posted $78.1 million in adjusted EBITDAre and a net loss of $19.3 million in Q2 2026, driven by a noncash impairment related to Kimpton RiverPlace sale. The company raised its full-year EBITDAre guidance by $7 million following strong operating results.
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Porter Flight from Victoria to Toronto Cancelled Due to Child Refusing Seatbelt
Porter Airlines cancelled flight PD444 from Victoria to Toronto on August 6, 2026 after a child passenger refused to buckle a seatbelt. Passengers were rebooked on next day flights due to runway closing hours and safety concerns.
Severe Weather Halts Flights at ORD, JFK, and LaGuardia on August 11, 2026
Severe summer storms on August 11, 2026 caused over 120 cancellations and 400 delays at Chicago O’Hare, along with 100 cancellations and 250 delays at JFK and LaGuardia. American, United, Delta, and JetBlue issued waivers allowing fee-free rebooking.
GTBA-ONEKLIK Honors 80 Leaders at 3rd Ambassador Awards, Launches 4th Travel Sale Expo
GTBA-ONEKLIK honored 80 travel industry leaders at its 3rd Ambassador Awards in August 2026. The group also launched the 4th Travel Sale Expo in the Philippines the same month.