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Nikki Beach Is Betting on Marrakech. The Brand Promise Is Bigger Than the Building. Airbnb Is Paying People $750 to Compete With You During the World Cup Hyatt's Unbound Collection Turns 10. Four New Properties. Same Old Question for Owners. Hilton Just Promised 125 Hotels in India With One Partner. The Promise Is the Easy Part. Apple Hospitality's 8% Yield Looks Generous. The Payout Ratio Says Check Again. IHG Is Spending $950M to Shrink Itself. The Brands Should Be Nervous. MGM Just Let Its Biggest Shareholder Buy More Stock. Then Capped Their Vote. Think About That. Nikki Beach Is Betting on Marrakech. The Brand Promise Is Bigger Than the Building. Airbnb Is Paying People $750 to Compete With You During the World Cup Hyatt's Unbound Collection Turns 10. Four New Properties. Same Old Question for Owners. Hilton Just Promised 125 Hotels in India With One Partner. The Promise Is the Easy Part. Apple Hospitality's 8% Yield Looks Generous. The Payout Ratio Says Check Again. IHG Is Spending $950M to Shrink Itself. The Brands Should Be Nervous. MGM Just Let Its Biggest Shareholder Buy More Stock. Then Capped Their Vote. Think About That.

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Deleverage

1 story · First covered Mar 29, 2026 · Latest Mar 29

Deleverage Coverage

Minor International Is Spinning Off $1 Billion in Hotels. The Owners Left Holding the Bag Are the REIT Unitholders.

REITs Primary

Mar 29

Minor International Is Spinning Off $1 Billion in Hotels. The Owners Left Holding the Bag Are the REIT Unitholders.

Minor International wants to dump 14 hotels into a Singapore REIT, call it "asset-light," and let someone else worry about the CapEx. If you've ever watched a company renovate properties right before a sale, you already know what's happening here.

MS

Mike Storm 3 min read · Mar 29