Hotel News

Caribbean hotel occupancy averaged 73.4% from January through July 2026, a 5.4% year-over-year rise. Occupancy increased every month with strong revenue growth.

Apple Hospitality REIT announced its monthly dividend distribution for August 2026 on August 20. The payout reflects income from its hotel assets and continues its pattern of regular monthly investor distributions.

Hospitality Ventures Management Group named Pete Sams president in August 2026. Sams brings over a decade of senior leadership experience to the role overseeing 60 hotels across 16 states.

Caribbean hotel occupancy increased every month in 2026 through July, averaging 73.4% with a 5.4% year-over-year rise. STR data show higher rates and consistent occupancy growth beyond winter.

Apple Hospitality REIT announced its monthly dividend distribution for August 2026 on August 20. The dividend payments are derived from the hotel portfolio's operating income.

Caribbean hotel occupancy averaged 73.4% from January to July 2026, rising every month compared to 2025. Average daily rates grew 5.3% in the same period.

Apple Hospitality REIT has declared its monthly distribution for August 2026. This continues their pattern of regular income payments to investors.

The 119-room BLESS Barcelona opened on Plaça Catalunya in August 2026 as the fourth property in Palladium Hotel Group's BLESS Collection Hotels. The group plans further expansions in Vietnam and Italy over the next three years.

Hyatt opened Hyatt Vivid Cancun, an adults-only all-inclusive resort, in August 2026 featuring 416 ocean-view rooms. The property offers seven restaurants, multiple activities, and is part of World of Hyatt.

U.S. hotels achieved 7.1% ADR growth and 8.9% RevPAR growth in H1 2026, driven by strong gains in luxury segments. Economy hotels faced rate declines but occupancy improved in Q2.