📊 Topic

PIP (Property Improvement Plan)

2 stories · First covered Mar 27, 2026 · Latest 1d ago
PIP (Property Improvement Plan) Coverage
IHG Just Hit 200 Hotels in Canada. Now Count What the Owners Are Actually Paying.

IHG Just Hit 200 Hotels in Canada. Now Count What the Owners Are Actually Paying.

Two hundred flags and nearly 40 more in the pipeline sounds like a brand firing on all cylinders, until you sit down with the owners doing the math on loyalty delivery, PIP obligations, and whether voco and Garner are filling real gaps or just cannibalizing the portfolio they already built.

A $7.6M Hotel Just Sold Mid-Conversion. Someone Bought a Promise, Not a Property.

A $7.6M Hotel Just Sold Mid-Conversion. Someone Bought a Promise, Not a Property.

A Lake County hotel that was already approved for a brand conversion just changed hands for $7.6 million, which means someone looked at an incomplete transformation and said "I'll take it from here." The question every owner considering a conversion should be asking is what that buyer knows that the seller didn't want to stick around to find out.