Hotel News

Sunstone Hotel Investors reported a 9.3% rise in portfolio RevPAR and a 6% increase in adjusted EBITDAre to $77 million in Q2 2026. The company raised its full-year 2026 RevPAR growth outlook to 7%-9% and projected adjusted EBITDAre between $245 million and $255 million.

An English couple visiting Chicago were unexpectedly charged hundreds of dollars in fees upon check-in at the Ambassador Hotel Chicago after booking through European travel agency Love Holidays. Love Holidays reimbursed the couple and removed the hotel from sale following a cease and desist letter from the hotel over inaccurate fee disclosure.

Hilton has launched its Tapestry Collection brand in Vietnam with the opening of NHAAN Resort & Spa in Hoi An. The property will officially open in August 2026.

A company supported by Derek Jeter is constructing a 68-unit luxury hotel near the University of Alabama. The project brings new upscale lodging options to Alabama.

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

United Hospitality Management expands its India portfolio with three new IHG hotels totaling 182 keys, set to open by 2029. The company now manages 24 properties and aims to reach over 100 hotels in India through further signings and strategic growth.

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.