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X @The Wall Street Journal
Hotel owners across the U.S. are reeling from a decline in foreign visitors and domestic tourists—then there’s New York City https://t.co/yB0dg4IwC3 ...
X @The Wall Street Journal
Hotel owners across the U.S. are reeling from a decline in foreign visitors and domestic tourists—then there’s New York City https://t.co/zw4qDdBeVs ...
Days Inns - Canada Hits the Stage This Summer with New Boots and Hearts Festival Partnership!
GlobeNewswire News Room· 2025-07-15 12:05
Toronto, ON, July 15, 2025 (GLOBE NEWSWIRE) -- Days Inns - Canada expands its summer festival footprint as the Official Economy Hotel Partner of the Boots and Hearts Music Festival (August 7–10, 2025). This partnership connects the hotel brand with one of Canada’s most celebrated music weekends, expected to draw over 140,000 attendees to Burl's Creek Event Grounds near Barrie, Ontario. Building on its collaboration with Country Thunder Alberta and Country Thunder Saskatchewan, this alliance strengthens Days ...
X @BBC News (World)
BBC News (World)· 2025-07-15 07:59
Clayton and Maldron hotels sold to Scandinavian group https://t.co/kKecFwVcql ...
X @Bloomberg
Bloomberg· 2025-07-15 05:30
A consortium including Pandox and Eiendomsspar has made a new €1.4 billion offer for Dalata Hotel Group, which the board of Dalata intends to recommend unanimously https://t.co/OHioemOBCB ...
IHT DECLARES 55TH CONSECUTIVE ANNUAL DIVIDEND; ANNUAL PROXY FILED
Globenewswire· 2025-07-14 21:27
Core Viewpoint - InnSuites Hospitality Trust (IHT) continues to demonstrate strong performance in its hotel operations and diversification investments, maintaining a long history of dividend payments and achieving record revenues in the current fiscal year [1][2][5]. Group 1: Dividend and Financial Performance - The Board of Trustees of IHT announced a semi-annual dividend of $0.01 per share, payable on August 7, 2025, marking 55 years of uninterrupted annual dividends [1]. - IHT's hotel operations have shown solid performance in the 2026 Fiscal Year, with record revenue results from both the Tucson Hotel and Albuquerque Hotel [2]. - Hospitality revenues for the first five months of the 2026 Fiscal Year reached all-time record levels, contributing to profitability in three of the last four fiscal years [5]. Group 2: Investments and Future Outlook - IHT has made a diversification investment in UniGen Power, Inc., which is developing efficient clean energy generation technology, with IHT potentially holding a 15-20% ownership stake upon full conversion of its investments [4]. - The prototype design engineering for UniGen's UPI 1000TA engine is 61% complete, with ongoing efforts to secure additional financing [4]. - The company believes that its real estate holdings are valued significantly below current market value, indicating a positive outlook for future growth [5]. Group 3: Shareholder Meeting - The Fiscal 2025 Annual Meeting of Shareholders is scheduled for August 14, 2025, at IHT's corporate offices, with shareholders of record as of July 3, 2025, entitled to vote [3].
Marriott International Announces Retirement of Leeny Oberg, Chief Financial Officer and EVP, Development, in 2026
Prnewswire· 2025-07-14 20:06
BETHESDA, Md., July 14, 2025 /PRNewswire/ -- Marriott International (Nasdaq: MAR) today announced that after 26 years with the company, Leeny Oberg, Marriott's Chief Financial Officer and Executive Vice President, Development, has decided to retire effective March 31, 2026. Two long-time Marriott veterans have been named her successors. Next year, Jen Mason will become the company's Chief Financial Officer and Shawn Hill will take on the role of Chief Development Officer.  L-R: Leeny Oberg, Jen Mason, S ...
Wyndham Partners with Cygnett to Introduce La Quinta and Registry Collection Hotels in India
Prnewswire· 2025-07-14 12:00
The partnership with Cygnett, an Indian hospitality group with a growing portfolio, is the latest in a series of purposeful development deals by Wyndham to meet India's surging travel demand. With domestic travel spending hitting USD 186 billion last year alone and leisure travel spending expected to grow 12% annually, Wyndham continues to meet the needs of a rapidly evolving market, fueled by rising infrastructure investment, middle-class aspirations, and accelerated outbound and domestic tourism. "This pa ...
GeoPark: Picking The Right Location To Strengthen Valuation
Seeking Alpha· 2025-07-12 18:05
Group 1 - The article discusses the importance of strategizing to counter external risks and price volatility in the oil and gas market when considering potential portfolio additions [1] - The author has nearly two decades of experience in the logistics sector and focuses on stock investing and macroeconomic analysis, particularly in ASEAN and NYSE/NASDAQ stocks [1] - The author emphasizes the diversification of investments across various industries and market cap sizes, including banking, telecommunications, logistics, and hotels [1] Group 2 - The author began trading in the Philippine stock market in 2014, initially investing in blue-chip companies and later expanding to different sectors [1] - The entry into the US market occurred in 2020, with the author gaining insights through a relative's trading account before opening their own [1] - The author has been utilizing analyses from Seeking Alpha to compare with their own research in the Philippine market since discovering the platform in 2018 [1]
BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS
Globenewswire· 2025-07-11 15:10
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host The Las Vegas Auction on October 31, 2025, featuring approximately 70 collector cars, marking a significant event in the luxury auction calendar [1][2] - The auction is part of a broader partnership with Concours at Wynn Las Vegas, which will showcase over 250 unique automobiles from October 31 to November 2, 2025 [1][2] - This event is part of Broad Arrow's strategic expansion, with additional auctions planned in Belgium and Switzerland, highlighting the company's growth in both North America and Europe [2][3] Company Overview - Broad Arrow Auctions was founded in 2021 and has quickly established itself as a leading global collector car auction house, known for high-quality vehicles [8] - The company has achieved notable success in North America, with flagship auctions such as the Monterey Jet Center Auction generating $71.5 million in 2024 and the Amelia Auction achieving $61.7 million in 2025, both with high sell-through rates [3] - Broad Arrow has expanded its global footprint, recently launching its first European auction in partnership with BMW AG, achieving €31.2 million in total sales [3][8] Event Details - The Las Vegas Auction will be one of three live auctions conducted by Broad Arrow in October and November, emphasizing the company's commitment to expanding its auction presence [2][3] - The event is expected to attract significant client interest due to Las Vegas's reputation as a luxury destination and its proximity to collector car communities [2] - Initial consignments for the auction will be announced soon, inviting collectors to participate in this high-profile event [4]