Press Releases

Hyatt Collaborates with HYROX as the Official Regional Hotel Partner in Asia Pacific

World of Hyatt, the award-winning loyalty program from Hyatt, is announcing a new regional collaboration with HYROX Asia Pacific—one of the world’s premier fitness racing series. As HYROX’s Official Hotel Partner across Asia Pacific, World of Hyatt highlights the continued commitment of every Hyatt hotel to providing exceptional hospitality experiences that meet the evolving needs of today’s travelers.

H2 2025 Global Hotel Outlook

Despite stronger-than-expected economic growth through the first half of 2025, year-to-date RevPAR growth through July stands at a meager 0.4% as the occupancy rate fell for four consecutive months.

Trailborn Hotels & Resorts Joins New Outdoor Collection by Marriott Bonvoy as Leader in Outdoor Hospitality

Trailborn Hotels & Resorts, The Official Hotel of the Great Outdoors™, proudly joins the highly anticipated Outdoor Collection by Marriott Bonvoy™ as a founding member. As part of this inaugural launch, Marriott Bonvoy has recognized Trailborn's distinctive position in delivering world-class, outdoor-focused hospitality. This milestone represents a pivotal moment in Trailborn's growth and national recognition, while giving Marriott Bonvoy members access to an expanding portfolio of properties in America's most iconic outdoor destinations.

STR Weekly Insights: 14-20 September 2025

Unfortunately, revenue per available room (RevPAR) fell again in the week ending 20 September, and the decline of 1.4% was only slightly less than the previous week. Occupancy once again pushed the decline, falling 0.7 percentage points (ppts), although average daily rate (ADR) also dipped (-0.3%).

Gorgeous Smiling Hotels Unites Operations with Aspire GmbH

Gorgeous Smiling Hotels GmbH and Aspire GmbH are joining forces, consolidating their hotel operations and setting the stage for ambitious future growth. Their first deal as Gorgeous Smiling Hotels will be with the addition of Great2Stay Hotels, which is a hotel management company based in Augsburg. This move will create one of the largest operators in the DACH region portfolios of the year. The joint umbrella brand for all activities will be Gorgeous Smiling Hotels.

Ascott's Citadines Brand Surpasses 200 Properties Globally, Powered by Strong Momentum Since Brand Refresh

The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), has hit a major milestone with its Citadines portfolio surpassing 200 properties globally, driven by asset-light growth through management and franchise agreements. The upper-midscale conversion brand now comprises 205 properties and approximately 35,000 units. Of these, more than 60%, or 127 properties and about 22,200 units, are currently operational.