Shutters on the Beach and Casa del Mar went to special servicing over a rate cap, not a missed payment. Goldman now owns the senior loan. Cash flow had also fallen 39%. Every floating-rate hotel loan with an extension option faces the same test.
Unite Here took six Chicago hotels out on strike and kept 40 in reserve. Brands sit at the table; owners pay the bill. Plus CPI and the Beige Book on Wednesday, Delta's fare lesson, October's CMBS maturities and downtown Chicago at $80,000 a key.
Ryman paid $1.38bn for Grande Lakes. Trepp found $1.69bn of limited-service CMBS loans that can't extend and sit below the refinance debt-yield bar. Capital isn't tightening evenly. It's splitting.
Executive Summary Mews has expanded its hospitality platform with new recurring payment capabilities, broader multicurrency support, and integrated accounts receivable tools. On the surface, the announcement introduces three new financial features designed to simplify payment collection and billing workflows. The larger story extends beyond software functionality. Property management systems are
The largest third-party operator put forecasting, scheduling and actual hours on one screen. The pilot claims sit in housekeeping and laundry. Owners should ask for the variance, not the acronym.
For years, hotel technology executives and asset managers have known that Marriott’s legacy tech stack was living on borrowed time. The green-screen DOS-era FOSSE system, MARSHA central reservations, and fragmented property-level databases have anchored operations for over three decades. Enter The Power of M—Marriott International’
Google now lets a guest book a hotel inside the search conversation. Hilton joined that conversation on Google, ChatGPT, and Claude, then sent the booking back to its own site. Google turned on hotel booking inside AI Mode last week. A guest in the United States can describe a trip,
Marriott is moving a large, mixed hotel estate off FOSSE, Full Service, and Galaxy Lightspeed. The new stack is meant to connect the desk, the reservation, the loyalty number, and the P&L. Owners will score it on whether rooms still sell and check-in still moves. Marriott International’
Cvent still ranks Orlando as the top meeting destination in North America. That is year 11. U.S. News just ranked Las Vegas the best conference city in the country. Hotel people keep asking which ranking is right. Both of them, depending on what you sell. Orlando wins the RFP.
A powerful magnitude 7.4 earthquake recently struck a tourism region in South America. In one city center, a multi-story hotel collapsed completely. Guests and staff were trapped. Some people escaped in the final moments. Others did not. Rescue teams worked for days through unstable debris under difficult conditions.
U.S. and Canadian hotel operators face a dual squeeze in 2026. Labor costs continue climbing while immigration policy changes restrict the international talent pipeline that has long filled critical roles, especially in housekeeping, culinary, front desk, and seasonal resort positions. The result is pressure on net operating income, service
The final has been played. The last international fans have flown home. And hotel owners and executives across the 16 North American host cities now have hard numbers instead of projections. The 2026 FIFA World Cup produced strong rate-driven revenue in many markets, but the occupancy story was far