Hotel News

Hyatt delays several hotel openings from late 2026 to 2027 and trims its net room growth forecast to 6%. The company boosts mid-tier Hyatt Studios expansion with a $500 million credit facility.

Pebblebrook Hotel Trust reported better-than-expected earnings for Q2 2026, reflecting improved revenue per available room (RevPAR). Operational efficiencies and market resilience contributed to strong financial results in the U.S. hotel sector.

Hyatt will transform the abandoned Hotel Arizona in downtown Tucson into a 291-room Hyatt Regency hotel by late 2027. The project includes 22,000 sq ft of event space next to the Tucson Convention Center.

Pebblebrook Hotel Trust reported better-than-expected earnings for Q2 2026, driven by gains in RevPAR and hotel sales. The company emphasized robust operations and a focus on asset quality amid a dynamic market.

Pebblebrook Hotel Trust reported strong financial results for Q2 2026, surpassing market estimates. The company’s RevPAR increased during the quarter, signaling improved performance.

Hyatt Hotels Corporation opened Hyatt Place Vithalapur in July 2026, the first globally recognized hotel brand in the industrial city of Vithalapur, Gujarat. The 108-room hotel targets business travelers amid the area's rapid growth in manufacturing.

Hyatt reported Q2 2026 adjusted EPS of $1.12 beating analyst estimates and revenues of $1.83 billion. The company lowered its net rooms growth outlook to approximately 6% citing delayed hotel openings.

Marriott International will develop nine hotel and branded residence properties across Egypt totaling over 1,500 keys through a new partnership with Misr Italia Properties and People & Places. The projects will span key destinations including Egypt’s North Coast, Cairo, and Ain Sokhna, creating around 6,000 jobs and attracting approximately 373,000 tourists annually.

Nobu will launch a hotel, restaurant, villas, and residences. The official launch is planned for 2026 with no further details disclosed.

Radisson Hotel Group signed 10 new hotels across India in one week in July 2026. These properties span business, leisure, and spiritual tourism destinations.