Hotel News

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 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 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 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 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 joined the American Express Hotel Collection in August 2026. The resort was promoted on Amex Travel Australia and American Express websites.

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 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 & 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.

Hyatt is accelerating its mid-tier hotel development with a $500 million credit facility amid delays pushing some openings to 2027. The company revised its 2026 net rooms growth forecast down to approximately 6%, citing a measured timing for new hotel openings.