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5d ago
A French-headquartered media conglomerate just paid $69 million for a 151-room Hilton Garden Inn in lower Manhattan, then immediately deflagged it to build something called an "Art Newspaper House." The per-key price is defensible, but the exit from a major flag in a market where loyalty contribution actually matters deserves a closer look.
IHG is making noise about women shaping hospitality in 2026. The real question is why it took this long for anyone to state the obvious... and whether the industry will actually change anything at property level.
Highline Hospitality is converting a former Hyatt Place into a JdV by Hyatt lifestyle property named after a linear park still under construction... in a market where 3,600 new rooms are already entitled on the peninsula.
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Marriott just partnered with Swiggy to let loyalty members earn Bonvoy points on takeout orders and grocery runs. It's a bold play to make a hotel loyalty program feel like an everyday wallet... but the real question is whether this dilutes the brand promise or supercharges it.