📊 Topic

K-shaped recovery

2 stories · First covered Apr 12, 2026 · Latest 9h ago
Related: RevPAR 1 Hyatt Hotels Corporation 1 Loyalty Programs 1 Occupancy 1 Wyndham Hotels & Resorts 1 RevPAR Growth 1 Courtyard 1 Mark Hoplamazian 1 Greater China 1 RLJ Lodging Trust 1 secondary markets 1 Select-Service Hotels 1
K-shaped recovery Coverage
Hyatt's CEO Says No Consumer Pullback. Your Select-Service P&L Might Disagree.
Operations Primary
9h ago

Hyatt's CEO Says No Consumer Pullback. Your Select-Service P&L Might Disagree.

Mark Hoplamazian told Bloomberg there are "no signs whatsoever" of consumers pulling back on travel. He's not wrong about his portfolio... but if you're running anything below upper-upscale, his reality and yours are diverging faster than most people realize.

MS
Mike Storm 3 min read · 9h ago
RLJ Has $1 Billion in Liquidity and RevPAR Going Nowhere. That's Not Strength. That's a Decision.
REITs
Apr 12

RLJ Has $1 Billion in Liquidity and RevPAR Going Nowhere. That's Not Strength. That's a Decision.

RLJ Lodging Trust is sitting on a billion dollars in liquidity, no debt maturities until 2029, and a RevPAR forecast that barely moves the needle. For operators running rooms-focused select-service hotels, the real question isn't whether this REIT survives inflation... it's what gets starved while the balance sheet looks pristine.

MS
Mike Storm 3 min read · Apr 12