From left to right: Mr. Kohei Motoyama, President and Representative Director, Royal Minor Hotels Co., Ltd.; Mr. Masataka Abe, President and Representative Director, Royal Holdings Co., Ltd.; Mr. William E. Heinecke, Founder & Chairman, Minor International; Mr. Hisashi Kitami, President & CEO of List Co., Ltd.; Mr. Hiroyuki Kiuchi, President & COO of List Development […]

Residence Inn Aberdeen at Ripken Stadium – Image Credit Access Point Financial    Access Point Financial has issued a $55 million loan to H&S Properties Development Corp. for the refinancing of a four-hotel portfolio in Maryland. Access Point Financial, a direct capital provider, has announced the issuance of a $55 million loan to H&S Properties Development […]

Hotel Guests Want Smart TVs and Good Hotel Mobile App, J.D. Power Finds    Guests Believe They’re Getting Better Value for Their Money – Despite Record-High Room Rates Although the average daily rate (ADR) for a U.S. hotel room climbed to a record high of $158.671 in 2024, hotel guests in every segment from economy to […]

Marriott to Open Seven City Express Hotels in Brazil – Image Credit Marriott International    Marriott International has signed an agreement to open seven City Express by Marriott hotels in Brazil, marking the brand’s entry into the country as part of a 15-year plan to develop 30 properties in the Northeast region. Marriott International, Inc. has […]

Hotel Industry Update – Booking Trends, Tips & top Performing Offers – Image Credit Unsplash    Summer travel season is in full swing, and it’s time to dial in your booking strategies. From the latest trends and spend to the most successful hotel offers, Cendyn’s experts dove into the industry data from May 2025 to reveal […]

Image Credit Meyer Jabara Hotels    Mobile ordering and delivery apps are making it too convenient for people to order meals in vs. going out to eat; To bring diners back it takes the right concepts, menus, ingredients, portion sizes, local flavors, and more The most successful hotel restaurants are ones that strike a balance between […]

Rendering of the Ubuyu, A Banyan Tree Escape – Image Credit Banyan Group    Banyan Group will celebrate the opening of its 100th hotel, Mandai Rainforest Resort, in Singapore this November. This milestone marks a significant expansion for the company, which has been increasing its presence across Asia, Africa, and Europe.  In addition to the Singapore […]

Rendering of the YOTELPAD Athens, Peiraios Street – Image Credit Divercity Architects.    YOTEL plans to open a 113-key aparthotel in Athens by late 2026, marking its entry into the Greek market. YOTEL has announced its entry into the Greek market with the planned opening of YOTELPAD Athens, a 113-key aparthotel. The project involves the transformation […]

Image Credit Dalata Hotels    Scandic Hotels Group has entered into a framework agreement to acquire the hotel operations of Dalata Hotel Group, contingent on a takeover by a consortium of Pandox AB and Eiendomsspar AS. Scandic Hotels Group has announced a framework agreement to acquire the hotel operations of Dalata Hotel Group, subject to the […]

L-R: Leeny Oberg, Jen Mason, Shawn Hill – Image Credit Marriott International    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 […]