Sunstone Hotel Investors Beat Q2 2026 Profit Forecasts with 9.3% RevPAR Rise
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.
English Couple Faces Unexpected Fees at Chicago’s Ambassador Hotel After Booking
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 Launches Tapestry Collection with NHAAN Resort & Spa in Hoi An
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.
Derek Jeter-Backed Firm Builds 68-Unit Luxury Hotel Near University of Alabama
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 Beats Q2 2026 Earnings Expectations with $0.32 Adjusted FFO
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.
UHM Adds 182 Keys in India with Three New IHG Hotel Signings
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 Resumes Independent Management of Hotel Business in August 2026
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 Q2 2026 Adjusted FFO Beats Estimates
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.
UHM Signs Three New IHG Hotels in India Adding 182 Keys
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 Exceeds Q2 2026 Profit Forecasts
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.
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Record 580,889 Tourists Arrive in Cyprus September 2026; Property Market Also Grows
Cyprus experienced a record 580,889 tourist arrivals in September 2026, a 1.8 percent increase from the previous year. Property transfers also grew to €3.72 billion in the first nine months of 2026.
Goa Tourism Growth Spurs Youth Jobs and Entrepreneurship with 10 Million Visitors
Goa attracted over 10 million tourists in 2025, with tourism contributing 16–17% to the state economy. The sector is driving youth employment, entrepreneurship, and skill training programs.
September 2024 Tourism Markets Show Slow Growth in Europe, Americas; Asia-Pacific Rebounds
European and American tourism markets slowed in September 2024 after the summer peak, while Asia-Pacific destinations like Australia, Malaysia, and Thailand experienced strong growth. The US saw a 4.7% drop in inbound tourism through September, whereas Canada’s arrivals rose by 9.5%.