WILLIAMSBURG, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced the Company received a Notice of Default (the “Notice”) from the special servicer for its mortgage loan secured by the Georgian Terrace in Atlanta. The Notice states that the Company’s subsidiary, SOHO Atlanta LLC, is in default under the note and the loan documents by virtue of, among other things, its failure to pay all amounts when due thereunder, and that the current lender, Wilmingto ...

We are the world's first one room hotel uh global hotel brand that is catering specifically to the value segment. Uh we build one type of room across the world and always on average about 500 rooms which is five times typically larger than your uh budget hotel which gives us that incredible operational efficiency that allows us to deliver that kind of value. But what's really interesting about the business model is because it's asset light.We individually title each of the hotel units. So imagine one hotel ...

Core Insights - Marriott International, in partnership with Truman and Louson, is set to open three luxury hotels in Calgary, including W Calgary, JW Marriott Calgary, and an Autograph Collection Hotel, marking a significant development in the city's hospitality sector [1][2][4] Company Developments - The hotels are part of a mixed-use development in Calgary's Culture + Entertainment District, with W Calgary and JW Marriott Calgary expected to open in 2028 and 2029, respectively, and the Autograph Collection Hotel in 2030 [2][4] - W Calgary will feature a 69-story tower with 157 guest rooms, including 27 suites, and 239 branded residences, along with amenities such as a 7,500 sq. ft AWAY Spa and a rooftop bar [4] - JW Marriott Calgary will consist of a 62-story building with 248 guest rooms and 120 branded residences, offering 32,500 sq. ft of meeting space and various luxury amenities [5] Economic Impact - The development is projected to create over 9,100 jobs during construction and more than 2,000 ongoing positions in operations and tourism sectors [8] - It is expected to contribute over $120 million in GDP from hotel operations and an additional $111 million from visitor spending annually, generating nearly $76 million in government revenues [9] Strategic Importance - The hotels are anticipated to enhance Calgary's competitive advantage as a host city for meetings and conventions, supporting key venues like the BMO Centre [8] - The project aligns with the Calgary Municipal Land Corporation's vision for the Culture + Entertainment District, which has seen over $2 billion in infrastructure and cultural developments [8]

Group 1 - Hyatt Hotels shares increased by 4.1% to $145.39 in the last trading session, with a notable trading volume, contributing to a 7% gain over the past four weeks [1] - The recent stock rally is attributed to investor optimism regarding Hyatt's asset-light strategy and luxury-led portfolio growth, including the introduction of the Hyatt Select brand and upper midscale expansion [2] - Progress on $2 billion in asset sales, including the Playa deal, enhances capital flexibility and boosts confidence in sustained performance [2] Group 2 - The upcoming quarterly earnings report is expected to show earnings of $0.62 per share, reflecting a year-over-year decline of 59.5%, while revenues are projected to be $1.74 billion, a 1.9% increase from the previous year [3] - The consensus EPS estimate for Hyatt has been revised 2.1% higher in the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] - Hyatt Hotels currently holds a Zacks Rank of 3 (Hold), while another industry stock, Civeo, has a Zacks Rank of 2 (Buy) [5][6]

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Core Viewpoint - Hilton Worldwide Holdings Inc. (HLT) shares experienced a 3.1% increase, reflecting strong demand in the hospitality sector and positive investor sentiment driven by earnings growth expectations [1][2]. Company Performance - HLT shares closed at $265.5, with a notable trading volume that exceeded the average [1]. - The stock has gained 3.7% over the past four weeks, indicating a positive trend [1]. Revenue and Earnings Expectations - The company is projected to report quarterly earnings of $2.01 per share, representing a year-over-year increase of 5.2% [3]. - Expected revenues for the upcoming quarter are $3.07 billion, which is a 3.9% increase compared to the same quarter last year [3]. Analyst Sentiment - Analysts have slightly revised the consensus EPS estimate higher over the last 30 days, which typically correlates with stock price appreciation [4]. - Positive trends in earnings estimate revisions are expected to support further price strength for HLT [4]. Industry Context - Hilton Worldwide is part of the Zacks Hotels and Motels industry, which is currently experiencing strong demand across leisure, business, and group travel segments [2]. - Another company in the same industry, Choice Hotels (CHH), also showed a positive performance, closing 0.7% higher [5].

Group 1 - Hyatt Hotels Corporation is currently undervalued with a price-to-earnings ratio of approximately 17x and an EV/EBITDA ratio of under 8x, indicating a premium hospitality brand transitioning to a high-margin, capital-light model [1] - The company has a credible execution strategy and a strong pipeline, suggesting potential for future growth and profitability [1] - The focus on shifting to a capital-light model positions Hyatt favorably in the hospitality industry, enhancing its competitive edge [1]

Hyatt Hotels agreed to sell a portfolio of 15 resorts for $2 billion as the company continues to add to its all-inclusive offerings while cutting back on real estate https://t.co/9cdh818uhN ...