Under this “dual earn” partnership, Delta Medallions earn miles when they book eligible Hyatt stays, and World of Hyatt elites earn points on qualifying Delta flights.
Under this “dual earn” partnership, Delta Medallions earn miles when they book eligible Hyatt stays, and World of Hyatt elites earn points on qualifying Delta flights.
Data-center construction remains a boon to hotels; business activity associated with the massive projects, including construction, is adding to bookings across the country.
U.S. hotel sales rose 28% in the first half of 2026 compared with the same period last year, driven in part by buyers willing to fund property upgrades. Some investors say major hotel brands are aggressively enforcing renovation rules, forcing cash-strapped owners to sell properties rather than pay for improvements.
Despite strong headwinds, Q1 2026 metrics came in stronger than expected, and by early June, most hotel sector prognosticators had sharply revised their full-year RevPAR forecasts upward. Group and individual bookings strengthened, and the demand increase gave back some of the pricing power the industry had lost.
Marriott has started putting Coca-Cola Co. products in its properties, replacing a longtime partnership with PepsiCo. Marriott expects to continue rolling out Coke products in guest rooms, restaurants and meeting spaces over the next several months.
Marriott has said that fee revenue from its co-branded credit cards is expected to jump 35% this year to nearly $1 billion. Owners say that they previously believed the program was only breaking even and that the hotel giant is ripping them off.
AHS Properties bought the Dubai’s Shangri-La Hotel for $300 million. The luxury real estate developer bought the 43-floor hotel from Mismak Asset Management.
The federal government sold the former Old Post Office building to merchant bank BDT & MSD Partners for $80 million. BDT & MSD Partners, which acquired the property, is discussing a sale for around $400 million with potential buyers. President Trump’s family firm previously operated the hotel and sold its lease rights in 2022 for $375 million.
Hotel bookings in U.S. World Cup host cities lag behind Canada and Mexico, with San Francisco the only U.S. city to crack that threshold at 44%. High ticket prices, soaring transportation costs, visa concerns and a perceived unwelcoming U.S. political climate deter travelers.
Fertitta Entertainment, owned by billionaire Tilman Fertitta, agreed to buy Caesars Entertainment for about $5.7 billion. The acquisition will add Caesars’ more than 50 resorts to Fertitta’s portfolio, which includes Golden Nugget casinos.