Weekly Global Hotel Leadership Report - Report Date: August 7, 2026
- EDITOR
- 2 days ago
- 30 min read
Reporting Period: July 29 – August 7, 2026
Executive Summary
The past week in global hospitality has delivered an extraordinary convergence of brand expansion, strategic openings, financial results, market intelligence, and seasonal experiences across every major region. IHG expanded voco hotels to Muar, Malaysia, marking the first internationally branded hotel in the city with the upcoming opening of voco Muar. Kempinski positioned itself as Munich's ultimate insider with an authentic private tour experience led by a Resident Curator, connecting guests to the Bavarian capital's hidden layers. Hilton ramped up growth across Ireland with the DoubleTree by Hilton Ashbourne signing, marking the brand's debut in the Republic of Ireland and creating more than 150 jobs. Kimpton unveiled Quinta da Marinha in Cascais, Portugal, bringing laid-back luxury lifestyle to the Atlantic coast with a 194-room resort near Lisbon. Belmond celebrated the slow season with extended autumn openings at Villa San Michele, Florence, and Castello di Casole, Tuscany, inviting guests to experience the regions at their most authentic and unhurried. The LE Report projected 1,100+ new hotel openings for 2026 with hotel conversions hitting a record high, as developers increasingly favor repositioning existing assets over ground-up construction.
Shangri-La Group debuted its first JEN by Shangri-La hotel in Hangzhou, bringing the brand's vibrant, design-forward concept to one of China's most beautiful cities. Sheraton Hotels and Resorts debuted in Papua New Guinea with the opening of Sheraton Port Moresby Stanley Hotel and Suites. Hilton brought Canopy by Hilton to Southeast Asia with the opening of Canopy Bangkok. IHG announced it will bring the Kimpton brand to Phang Nga, Thailand, while also opening its first Vignette Collection in India and South West Asia with The Aarlis Hotel Panchkula.
Marriott International reported second-quarter results with global RevPAR growth of 3.4% and a record development pipeline of approximately 629,000 rooms. Hyatt delivered system-wide RevPAR growth of 5.9% with a record pipeline of approximately 154,000 rooms. Accor demonstrated agility with half-year recurring EBITDA up 6.5% to €563 million. Hilton reported second-quarter results with system-wide RevPAR growth of 3.9% and a development pipeline of 541,300 rooms. LVMH, parent company of Belmond, reported accelerating growth in the second quarter with solid first-half results.
The Langham, Custom House, Bangkok opened its doors. Hilton continued its rapid lifestyle growth in Southeast Asia with a trio of signings in Thailand and the Maldives. Preferred Hotels & Resorts welcomed 10 new members. Four Seasons announced it will conclude management of Four Seasons Hotel and Private Residences Bengaluru. Grand Cayman Marriott Resort unveiled a new chapter with multi-million-dollar investments. Belmond unveiled its 2026 hot news. Bill Hornbuckle was appointed to Vail Resorts' Board of Directors. STR released U.S. hotel results for the week ending July 25 and June performance data reflecting the FIFA World Cup impact. LE Reports revealed pipeline growth in Latin America, Canada, and globally.
From Hangzhou to Port Moresby, from Bangkok to Muar, from Cascais to Phang Nga, from Munich to Tuscany, the industry continues to demonstrate remarkable momentum and confidence in the future of travel. Brand expansion, strategic openings, financial results, market intelligence, and seasonal experiences collectively paint a picture of an industry firing on all cylinders as the peak summer travel season continues.
LE Report: 1,100+ New Hotel Openings Forecast for 2026; Hotel Conversions Hit Record High
Lodging Econometrics has released its Q2 2026 forecasts projecting more than 1,100 new hotel openings across multiple regions, with hotel conversions reaching record highs as developers increasingly favor repositioning existing assets over ground-up construction. According to LE's Q2 2026 China Construction Pipeline Trend Report, China's total hotel construction pipeline stands at 3,588 projects with 632,256 rooms, with projects under construction totaling 2,547 projects, scheduled starts at 343 projects, and early planning rising 4% year-over-year to 698 projects with 131,854 rooms. Construction starts also increased in Q2, rising 7% year-over-year to 205 projects.
The upper-midscale chain scale reached a record high with 1,287 projects, while the upscale chain scale also reached a record-high project count with 1,087 projects, together accounting for 66% of projects in China's pipeline. Combined hotel renovations and brand conversions in China reached a record-high project total at Q2, increasing 24% year-over-year to 265 hotels with 45,733 rooms, with conversions accounting for 92% of this total at 245 projects. Through the second quarter of 2026, 500 new hotels have opened in China, with LE forecasting another 631 hotels to open in the second half, bringing total 2026 new openings to 1,131 new hotels with 161,665 rooms. LE analysts also forecast 890 new hotels to open in 2027 and, for the first time, announced a 2028 forecast projecting 680 new hotel openings..... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
IHG Expands voco Hotels to Muar, Malaysia
IHG Hotels and Resorts is expanding its voco brand to Muar, Malaysia, with the upcoming opening of voco Muar, scheduled to debut in Q4 2026 at KCC City Business Park. This marks a significant milestone as the first internationally branded hotel in the city, introducing a new hospitality offering to the growing destination. Located in the commercial hub of Muar in Johor, the property will feature 107 guestrooms, three distinctive dining venues, leisure facilities, and dedicated meeting space. As a true market-entry opportunity, the hotel is well-positioned to capture growing corporate demand alongside increasing domestic leisure travel in the region. The property will benefit from voco's signature "come on in" hospitality, blending the warmth of a boutique hotel with the reliability of a global brand. For IHG, the expansion into Muar represents continued momentum for the voco brand in Malaysia, following recent openings including voco Kuching and other properties across the country. For Muar, the arrival of an internationally branded hotel adds a quality, premium option for travelers discovering the city's attractions, supporting the continued growth of its tourism and business economy. IHG is currently seeking a commercially sharp General Manager to lead the pre-opening and hotel launch, with a strong understanding of the Malaysian market and local stakeholder landscape..... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Kempinski Becomes Munich's Ultimate Insider
Kempinski has positioned itself as Munich's ultimate insider, offering guests an unparalleled, authentic experience of the Bavarian capital through its "Ich Bin Ein Münchner" private tour. The experience, departing directly from the lobby of Hotel Vier Jahreszeiten Kempinski Munich, is led by a Resident Curator and context Munich specialist who has spent their career orchestrating the unexpected at the intersection of music, performance, and culture. Guests are guided through a three-hour walking experience that reveals the city's hidden layers, exploring the Hofgarten, Opera House, Englischer Garten, and the Viktualienmarkt where Müncheners still do their shopping and meet friends for a casual bite. Throughout the visit, the city's highlights are heard and felt through anecdotes, urban legends, and memories, with guests tasting the city based on what they like most: cake, pretzels, or a glass of local beer. Because in Munich, history and hospitality have always been inseparable. The experience is a purely local perspective, with the guide weaving history into present-day life, from the Hofgarten to the Viktualienmarkt, connecting Hotel Vier Jahreszeiten to the city's past and present. Bastian Zimmermann, the Resident Curator, is a Munich local with deep roots in the city's creative community, providing access to Munich's most interesting characters and sharing exactly what to do in their company. The Hotel Vier Jahreszeiten Kempinski Munich, opened in 1858 by King Maximilian II as part of his vision for a modern city, serves as the perfect starting point for this authentic exploration of Munich's living history, told by someone who truly lives it.... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Hilton Ramps Up Growth Across Ireland with DoubleTree by Hilton Ashbourne Signing
Hilton is ramping up its growth across Ireland with the signing of DoubleTree by Hilton Ashbourne, marking the DoubleTree brand's debut in the Republic of Ireland and building on the company's existing portfolio of eight hotels across six brands. The 156-room hotel in Ashbourne, near Dublin, is expected to open in early 2027 following a comprehensive refurbishment, including upgrades to guest rooms, public spaces, restaurants, and bars. Located 25 minutes from Dublin Airport, the property is well placed for business and leisure demand, further strengthening Hilton's presence in Greater Dublin. The expansion will create more than 150 jobs and bring the number of team members working at Hilton hotels in Ireland to nearly 1,000. Richard McDermott, proprietor of DoubleTree by Hilton Ashbourne, said: "Partnering with Hilton marks an exciting next step for the hotel. Alongside a refreshed guest experience, it will help create employment opportunities and deliver long-term value for the local area. Backed by Hilton's commercial strength and global loyalty programme, we're confident the hotel will become a go-to destination for guests visiting Dublin and beyond." The expansion follows the recent opening of Home2 Suites Dublin and continued growth of brands such as Tapestry Collection by Hilton, underlining Hilton's confidence in Ireland as an attractive market with strong demand in cities and across the regions. Ireland's enduring appeal makes it an attractive market for Hilton, with strong demand in cities and across the regions, and the company remains focused on expanding its footprint and working with owners and partners to bring the right brands to the right locations while supporting tourism and long-term invest.. Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Kimpton Unveils Quinta da Marinha, Bringing Laid-Back Luxury Lifestyle to Portugal
Kimpton has unveiled Kimpton Quinta da Marinha in Cascais, Portugal, bringing the brand's distinctive laid-back luxury lifestyle to the Atlantic coast and marking Kimpton's second opening in the country. Located between the Sintra-Cascais Natural Park and the Atlantic Ocean, the 194-room resort is just minutes from the charming centre of Cascais and within easy reach of Lisbon. The property features 180 guestrooms, eight suites, and six signature suites, with accommodations offering stunning panoramic views of lush forests, the resort's 18-hole golf course, or the Atlantic coastline. The resort's design reflects the colours, textures, and spirit of the neighbouring Sintra-Cascais Natural Park, with organic materials, warm neutral tones, and Portuguese craftsmanship creating interiors that feel both elevated and inviting. Kimpton's bold approach to hospitality has redefined luxury lifestyle travel around the world, and Kimpton Quinta da Marinha continues that legacy with a resort experience deeply connected to its surroundings. The Natur Spa offers holistic rituals and restorative therapies with a jacuzzi, sauna, and seven treatment rooms. Dining venues include Ao Ponto, where the grill takes centre stage with premium meats, local seafood, and seasonal delicacies, and FICA! for specialty cocktails and wines, alongside an outdoor pool bar. Guests can enjoy a championship 18-hole golf course designed by Robert Trent Jones, indoor and outdoor swimming pools, tennis and padel courts, and curated experiences celebrating Portuguese culture and lifestyle. Vicki Poulos, Vice President, Luxury and Lifestyle Brands at IHG, said: "The opening of Kimpton Quinta da Marinha marks an exciting new chapter for Kimpton in Portugal, bringing our distinctive style of laid-back luxury to one of Europe's most captivating coasts. Rooted in natural beauty and the culture of Cascais, this resort has been thoughtfully designed to spark meaningful connections, inviting guests to slow down, discover something unexpected, and experience the destination in a way that feels deeply personal." Paulo Jorge Costa das Neves Figueiredo, General Manager, said: "Kimpton Quinta da Marinha offers a new way to experience Cascais. Whether guests come here to play golf, unwind at the spa, discover the cuisine, or simply relax in nature, we want every stay to feel personal, inspiring, and deeply connected to this destination." The resort joins Onyria Marinha Cascais, Vignette Collection in IHG's luxury and lifestyle portfolio in Portugal, further strengthening Kimpton's presence throughout Europe.... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
The Slow Season: Autumn in Tuscany with Belmond
Belmond is celebrating the slow season with an extended autumn opening at its two Tuscan properties, inviting guests to experience the region at its most authentic and unhurried. For the first time in its history, Villa San Michele, A Belmond Hotel, Florence, the legendary former Renaissance convent nestled in the hills of Fiesole above Florence, will remain open throughout autumn and the festive season, welcoming guests until 3 January 2027. Meanwhile, Castello di Casole, A Belmond Hotel, Tuscany, the 10th-century countryside estate in the heart of Tuscany, will extend its season until 29 November. At Villa San Michele, autumn opens Florence and its surrounds through a curated Masters of Savoir Faire programme, celebrating the region's cultural heritage and time-honoured craft traditions, from private visits to historic ateliers to encounters with the masters of Florentine craftsmanship. The Spa by Guerlain offers restorative treatments inspired by the property's Renaissance heritage, while the Energy Raising Programme with Milan-based lifestyle brand La DoubleJ encourages guests to embrace the season's slower rhythm. At the heart of the culinary offering is Antesi, led by Executive Chef Alessandro Cozzolino, where every dish is conceived as a unique moment, served at the precise instant when flavour reaches its fullest expression. At Castello di Casole, guests can embrace autumn as a time for renewal and reflection with holistic wellbeing journeys at Essere Spa, mindful movement, meditation, and sound healing experiences set against sweeping countryside vistas. The estate's vineyards, olive groves, and kitchen gardens provide inspiration for Executive Chef Daniele Sera's ingredient-led menus which evolve with the rhythms of the land. To celebrate the autumn season, Belmond introduces a new package at both properties including private return transfers, a guaranteed room upgrade upon arrival, early check-in and late check-out, and a €200 spa credit per stay.... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Shangri-La Group Debuts Its First JEN by Shangri-La Hotel in Hangzhou
Shangri-La Group has debuted its first JEN by Shangri-La hotel in Hangzhou, bringing the brand's vibrant, design-forward concept to one of China's most beautiful and culturally significant cities. JEN by Shangri-La, the group's millennial-focused brand, offers guests a contemporary and social hotel experience that blends thoughtful design with intuitive service, catering to the needs of modern travelers who seek connection, community, and authentic local experiences. Located in the heart of Hangzhou, a city renowned for its stunning West Lake, rich cultural heritage, and status as a technology and e-commerce hub, the JEN property offers guests convenient access to the city's business districts and attractions. The hotel features JEN's signature offerings including social spaces designed for co-working and networking, a vibrant dining concept, and wellness facilities that cater to the active lifestyles of today's travelers. For Shangri-La Group, the debut of JEN in Hangzhou represents continued expansion of the brand's presence in China and a strategic move into the growing millennial and lifestyle travel segment. For Hangzhou, the arrival of JEN adds a new, contemporary option for travelers, reinforcing the city's position as a premier destination for both business and leisure travel. The debut also reflects the broader trend of hotel groups developing brands specifically for younger, experience-driven travelers who value design, community, and authentic local connections.... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Sheraton Hotels & Resorts Debuts in Papua New Guinea with the Opening of Sheraton Port Moresby Stanley Hotel & Suites
Sheraton Hotels and Resorts has debuted in Papua New Guinea with the opening of Sheraton Port Moresby Stanley Hotel and Suites, marking the brand's entry into the country and expanding Marriott International's presence in the Pacific region. Located in Port Moresby, the capital and largest city of Papua New Guinea, the property is situated within the Stanley Precinct, a premier mixed-use development that serves as the city's commercial and entertainment hub. The Sheraton Port Moresby Stanley Hotel and Suites offers guests the brand's signature experience, with spacious guest rooms and suites, multiple dining options, extensive meeting and event facilities, a fitness center, and the warm hospitality that has defined Sheraton for decades. For Marriott International, the debut of Sheraton in Papua New Guinea represents continued expansion of the company's presence in the Pacific region and a strategic move into an emerging market with significant growth potential. For Papua New Guinea, the arrival of a Sheraton property adds a world-class accommodation option for discerning travelers, supporting the continued growth of the country's business and tourism sectors. The debut also reflects the broader trend of international hotel brands expanding into emerging markets in the Pacific, recognizing the region's potential for growth as economic development and tourism infrastructure continue to improve.... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Hilton Brings Canopy Hotels to Southeast Asia with Canopy Bangkok
Hilton has brought Canopy by Hilton to Southeast Asia with the opening of Canopy Bangkok, marking the brand's debut in the region and introducing its signature "neighborhood hotel" concept to one of Asia's most dynamic and vibrant capitals. Canopy by Hilton, Hilton's lifestyle brand, is designed for travelers who seek authentic, locally immersive experiences, with each property reflecting the character and energy of its neighborhood. Located in Bangkok's Sukhumvit district, one of the city's most vibrant and cosmopolitan areas, Canopy Bangkok offers guests a base from which to explore the neighborhood's dining, shopping, and cultural attractions. The hotel features Canopy's signature design, with interiors inspired by the local culture and surroundings, the brand's "Positively Yours" service philosophy, and a rooftop bar with panoramic city views. For Hilton, the debut of Canopy in Southeast Asia represents continued expansion of the company's lifestyle portfolio in the region and a strategic move into the growing lifestyle travel segment. For Bangkok, the arrival of Canopy adds a new, design-forward option for travelers, reinforcing the city's position as a premier destination for lifestyle and experience-driven travelers. The debut also reflects the broader trend of lifestyle brand expansion in Southeast Asia's gateway cities, as ... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
IHG Hotels & Resorts Brings Kimpton to Phang Nga, Expanding Luxury & Lifestyle Footprint in Thailand
IHG Hotels and Resorts has announced it will bring the Kimpton brand to Phang Nga, expanding its luxury and lifestyle footprint in Thailand with a spectacular new property on the Andaman coast. Phang Nga, located north of Phuket on Thailand's Andaman coast, is renowned for its dramatic limestone karsts, emerald-green waters, and stunning natural beauty, including the famous Phang Nga Bay and James Bond Island. The Kimpton brand, known for its bold design, playful spirit, and heartfelt service, is ideally suited to the Phang Nga market, offering guests a distinctive, design-driven experience in one of Thailand's most spectacular settings. The property will feature Kimpton's signature offerings, including innovative dining concepts, wellness programs, and personalized service, ensuring a memorable stay for all guests.
For IHG, the signing of Kimpton Phang Nga represents continued expansion of the brand's presence in Thailand, a market of strategic importance where IHG sees significant growth potential. For Phang Nga, the arrival of Kimpton adds a new, distinctive option for discerning travelers, reinforcing the region's position as a premier destination for luxury and lifestyle travel. The signing also reflects the broader trend of lifestyle brand expansion into Thailand's emerging resort destinations, as travelers increasingly seek distinctive, design-dr... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
IHG Hotels & Resorts Opens First Vignette Collection in India and South West Asia with The Aarlis Hotel Panchkula
IHG Hotels and Resorts has opened its first Vignette Collection hotel in India and South West Asia with The Aarlis Hotel Panchkula, marking a significant milestone for the brand's expansion in the region and adding a distinctive, character-driven property to IHG's portfolio. Vignette Collection, IHG's soft brand for distinctive independent luxury hotels, allows properties to maintain their individual character and identity while benefiting from IHG's global distribution platform, IHG One Rewards loyalty program, and operational resources. The Aarlis Hotel Panchkula, located in the city of Panchkula in the state of Haryana, offers guests a distinctive experience that blends contemporary luxury with local character, with elegantly appointed guest rooms and suites, multiple dining options, extensive meeting and event facilities, and a full-service spa. For IHG, the opening of the first Vignette Collection property in India represents a significant milestone in the brand's global expansion and a validation of the soft brand concept's appeal in the Indian market, where a rich inventory of distinctive independent properties provides ample conversion opportunities. For Panchkula, the arrival of a Vignette Collection property adds a new, distinctive option for discerning travelers, reinforcing the city's position as an emerging destination in the region. The opening also reflects the br... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Grand Cayman Marriott Resort Unveils a New Chapter with Multi-Million-Dollar Investments
Grand Cayman Marriott Resort has unveiled a new chapter with multi-million-dollar investments, including comprehensive renovations and a significant beach restoration project that will enhance the guest experience at one of the Caribbean's most beloved resort destinations. The 301 renovated rooms and suites have been completely reimagined, taking guests to the Summer House feeling and giving them endless summer vibes inspired by Grand Cayman's natural environment of clear, blue waters and white, sandy beaches. The new color palette of blues, sand, and wood tones brings a sense of ease and calm, while the incorporation of beautiful materials such as white marble and pale oak adds a touch of sophistication, contributing to an overall harmonious space. The beach restoration project includes the importation of up to 8,000 cubic yards of sand, relocation of more than 200 reef balls, scour protection at the existing seawall, and construction of two low-profile rock groynes. The project aims to restore a usable beach in front of the resort, where chronic erosion has left little to no sand at times in recent years, with the goal of having the beach restored before the winter tourism season. The government has approved a full waiver of coastal works permit fees for the project, with an estimated value close to $1 million. Hermes Cuello, General Manager of Grand Cayman Marriott Resort, confirmed the goal was to begin work in early summer and have the beach restored before the winter tourism seas... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Marriott International Reports Second Quarter 2026 Results
Marriott International has reported second quarter 2026 results with global RevPAR growth of 3.4%, including 5.0% growth in the U.S. & Canada, while international markets declined 0.5% due to headwinds from the conflict in the Middle East. Reported diluted EPS totaled $2.90 and adjusted diluted EPS totaled $3.19, while reported net income totaled $766 million and adjusted net income totaled $844 million. Adjusted EBITDA totaled $1,592 million, a 13% increase compared to the prior year quarter. The company added roughly 17,900 net rooms globally during the quarter, with net rooms growing 4.5% from the end of the second quarter of 2025. At the end of the quarter, Marriott's worldwide development pipeline reached a new record totaling nearly 4,200 properties and approximately 629,000 rooms, with 44% of pipeline rooms under construction. The company repurchased 3.0 million shares of common stock for $1.1 billion in the second quarter, and year-to-date through July 29 has returned approximately $2.6 billion to shareholders. Anthony Capuano, President and Chief Executive Officer of Marriott International, said the company delivered another quarter of excellent results, reflecting strong travel demand, the power of its brands, and sustained development momentum. The Marriott Bonvoy loyalty program grew to more than 295 million members at quarter-end, and the company recently executed new long-term agreements for its co-branded credit card program in the U.S. with JPMorgan Chase and American ... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here.
The Langham, Custom House, Bangkok Opens
The Langham, Custom House, Bangkok has opened its doors, marking the brand's highly anticipated debut in the Thai capital with a meticulously restored neo-Palladian masterpiece built in 1888, offering guests an extraordinary blend of heritage and contemporary luxury. Located in Bangkok's Bang Rak District alongside the Chao Phraya River, the centerpiece of the site is the city's historic Custom House, which has been reborn as a gateway to Siam. The landmark post office now houses lavish amenities, including Chuan Spa for signature wellness rituals and T'ang Court, an outpost of Hong Kong's three-Michelin-starred Cantonese restaurant. 75 lavishly appointed rooms and suites rise in a new-build contemporary structure alongside, featuring traditional Thai accents and stellar views of the Chao Phraya River. The hotel is developed by Rabbit Holdings, a subsidiary of BTS Group, with seasoned hotelier Nick Downing serving as General Manager. For Langham Hospitality Group, the opening represents a significant milestone in the brand's expansion across Asia, bringing its distinctive blend of elegant design, exceptional service, and cultural sophistication to one of Southeast Asia's most dynamic and vibrant capitals. For Bangkok, the arrival of The Langham adds a crown jewel to the city's luxury hotel landscape, reinforcing its position as a premier destination for discerning travelers from around the wo... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Hilton Continues Rapid Lifestyle Growth in Southeast Asia with Trio of Signings
Hilton has announced the signing of three lifestyle properties, including a Curio Collection by Hilton hotel in Phuket and two Tapestry Collection by Hilton properties in Chiang Mai and the Maldives, further expanding the company's lifestyle brand portfolio in Southeast Asia. The signings underscore Hilton's growth momentum as it continues to close in on its goal of surpassing 250 luxury and lifestyle properties across Asia Pacific, where the company plans to more than double its luxury and lifestyle portfolio amid the growing demand for distinctive, experience-driven stays. The first property, Andamanda Voyage, Curio Collection by Hilton, is located within the Andamanda Waterpark complex in Kathu District, Phuket, scheduled to debut at the end of 2026 with 246 keys, marking the Curio Collection brand's debut in Phuket. The second property is a Tapestry Collection by Hilton hotel in Chiang Mai's historic Old Town, a UNESCO-recognized area encircled by ancient moats and home to over 300 ornate temples, set within a heritage building reflecting Northern Thai architecture with 65 carefully cura... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
The third property, Coco de Mer Maldives, Tapestry Collection by Hilton, scheduled to open in June 2027 with 75 keys, will mark the brand's debut in the Maldives, offering an authentic Maldivian escape just 25 minutes by speedboat from Malé. Alexandra Murray, Vice President and Regional Head of Southeast Asia at Hilton, said Thailand and the Maldives have long been lifestyle powerhouses in Southeast Asia, and these signings provide new opportunities to showcase the company's independent-spirited brands, reinforcing Hilton's commitment to bringing the right brands to the right markets. Maria Ariizumi, Vice President of Development, Southeast Asia at Hilton, noted the company continues to see strong interest from owners in Southeast Asia for lifestyle brands, supported by solid market fundamentals and evolving traveler dem... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
STR: U.S. Hotel Results for Week Ending July 25
The U.S. hotel industry continued its positive performance for the week ending July 25, according to STR data, with RevPAR growth driven primarily by rate gains rather than occupancy growth. The data revealed sustained momentum across key metrics, with average daily rate showing continued strength as hotel operators successfully pushed rates to capture demand. The U.S. hotel market has been one of the strongest performers globally in the post-pandemic recovery, and the July 25 data confirms that this strength has continued into the peak summer travel season. The FIFA World Cup continued to be a significant performance driver in host markets, with Miami recording the highest ADR increases driven by tournament demand. For hoteliers across the United States, the data offers benchmarks against which to measure their own performance and insights into the trends shaping demand across segments and regions. The continued strength of the U.S. hotel market provides a foundation for continued success in the peak summer travel season ah... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
STR: U.S. Hotel Performance for June 2026
U.S. hotel performance for June 2026 reflected the significant impact of the FIFA World Cup on host markets, with the tournament driving record ADR and RevPAR in cities that hosted matches. According to preliminary data from CoStar, U.S. hotels reported positive year-over-year performance across key metrics, driven by rate growth in host markets. The World Cup contributed to significant rate premiums in cities including Miami, Kansas City, Seattle, Atlanta, and Philadelphia, with match-day ADR reaching levels well above the June baseline. However, the tournament's impact was localized, with non-host markets seeing more modest performance gains. For the full year 2026, CoStar and Tourism Economics project continued RevPAR growth, with host markets expected to see outsized gains during the tournament period. For hoteliers across the United States, the June data offers benchmarks against which to measure their own performance and insights into the trends shaping deman... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Bill Hornbuckle Appointed to Vail Resorts Board of Directors
Vail Resorts, Inc. has appointed Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International, to its board of directors, effective August 3, 2026, bringing the total number of board members to ten. Hornbuckle brings more than 35 years of experience across hospitality, resort operations, marketing, strategy, and large-scale integrated resort management. In his current role, he oversees all aspects of MGM Resorts' strategy, operations, hospitality, and gaming development projects, and since assuming the role six years ago, he has led the company through transformative periods while advancing its evolution toward a more diversified, experience-led business model.
Rob Katz, Chief Executive Officer of Vail Resorts, said: "Bill is an accomplished hospitality leader with deep experience operating world-class resorts, building guest loyalty, and elevating service. As we launch Epic Experience — our multi-year roadmap to make every part of the mountain journey more seamless, personalized, and memorable — we are thrilled to welcome Bill to our board and know he will immediately make a substantial contribution to our efforts."
Hornbuckle, who resides in Las Vegas and holds a Bachelor of Science in Hotel Administration from the University of Nevada, Las Vegas, currently serves as Chair of the U.S. Travel Association. He has also played a significant role in expanding Las Vegas' sports entertainment offerings, helping to bring the city its first professional sports franchise, the NHL's Golden Knights, as a board member and President of T-Mobile Arena, and through his service on the Clark County Stadium Authority Board, he assisted with efforts to attract the NFL's Raiders to Las Vegas. With a longstanding home in Park City, Hornbuckle brings a personal appreciation for the mountains and familiarity with Vail Resorts' guests. He joins existing board members Reggie Chambers, Sue Decker, Rob Katz, Iris Knobloch, Nadia Rawlinson, Hilary Schneider, Peter Vaughn, Michele Romanow, and Bruce Sewell... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more her
LE Reports: Latin America and Canada Pipeline Growth
Lodging Econometrics has released its Q2 2026 reports on hotel construction pipelines in Latin America and Canada, revealing continued growth in both regions. In Latin America, the hotel construction pipeline is expanding as the early planning stage surges 22%, demonstrating continued confidence in the region's hospitality market and signaling significant future growth across key destinations. Mexico continues to lead the region in pipeline activity, with its beach resorts, colonial cities, and business hubs attracting the most development interest. The upscale and upper midscale segments are leading the pipeline, with developers betting on continued growth in demand from both business and leisure travelers. In Canada, LE reports record-high total construction pipeline projects at Q2 2026, with key chain scales recording highs and demonstrating continued confidence in the Canadian hospitality market. The upscale and upper midscale segments are leading the pipeline, with developers betting on continued demand from both business and leisure travelers. Major urban centers including Toronto, Vancouver, and Montreal continue to attract the most development activity, but secondary markets are also showing increased activity. LE also debuted its 2028 U.S. hotel openings forecast, projecting that 832 new hotels will open across the United States, reflecting continued developer confidence in the world's largest hotel market despite ongoing economic uncertain... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Half-Year 2026 Results: Accor Shows Its Agility in a Challenging Global Environment
Accor has reported half-year 2026 results demonstrating the Group's agility in a challenging global environment, with recurring EBITDA up 6.5% at constant currency to €563 million and recurring free cash flow up 42% to €194 million. The Group recorded revenue of €2,760 million, up 3.0% at constant currency compared with H1 2025, while RevPAR for the first half increased 2.2%, reaching 4.6% growth when excluding the Middle East.
Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: "Once again this half-year, and despite the disruption caused by the situation in the Middle East, the Group delivered solid growth. This performance reflects the momentum in our key markets, the commitment of our teams, the strength of our brands, and our rigorous cost discipline." During the first half of 2026, Accor opened 109 hotels corresponding to nearly 14,000 rooms, representing net unit growth of 3.2% over the last 12 months, while the pipeline grew 11.4% to more than 268,000 rooms across 1,595 hotels.
In the second quarter, the Premium, Midscale and Economy division posted a 0.1% RevPAR increase, while the Luxury & Lifestyle division saw RevPAR decline 4.0%, reflecting the significant impact of the Middle East conflict on resort hotels with greater exposure to the United Arab Emirates. Excluding the Middle East, the Luxury & Lifestyle division's RevPAR growth was a robust 9.9%. Net profit, Group share, amounted to €114 million, impacted by higher non-recurring expenses, while adjusted net profit, Group share, remained stable at €231 million. Accor expects full-year RevPAR growth between 2.0% and 2.5%, recurring EBITDA in the range of €1,260 million to €1,285 million, and network growth of around 3.5%... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Hyatt Reports Second Quarter 2026 Results
Hyatt Hotels Corporation has reported second quarter 2026 results, with comparable system-wide hotels RevPAR increasing 5.9% compared to the second quarter of 2025, driven by strength in the Luxury and Upper Upscale chain scales. Gross fees increased 7.8% to $324 million, while Adjusted EBITDA was $297 million, an increase of 3.4% compared to the second quarter of 2025, or an increase of 8.8% after adjusting for assets sold in 2025. Net income attributable to Hyatt Hotels Corporation was $110 million, with diluted EPS of $1.14 and Adjusted Diluted EPS of $1.12.
Comparable system-wide all-inclusive resorts Net Package RevPAR decreased 1.2% compared to the second quarter of 2025, reflecting softer demand due to security concerns in Mexico during the first quarter and lower airlift into certain destinations. The conflict in the Middle East negatively impacted RevPAR growth by approximately 110 basis points.
Mark S. Hoplamazian, Chairman, President and Chief Executive Officer, said: "Our strong second quarter results reflect the continued strength of Hyatt's differentiated portfolio and the deep engagement of our high-value guests around the world. The resilience of our core fee business enabled us to absorb temporary regional headwinds while maintaining our full-year outlook."
Net rooms growth for the trailing twelve months was 3.9%, or 4.4% excluding rooms from the Playa Hotels Acquisition removed from Hyatt's room count in 2025. The pipeline of executed management or franchise contracts grew 10.0% to approximately 154,000 rooms. Notable openings during the quarter included Miraval The Red Sea, the first Miraval property outside the United States, and The Barai Hua Hin, introducing The Unbound Collection by Hyatt brand to Thailand. For full year 2026, Hyatt projects system-wide RevPAR growth of 3.5% to 4.5%, net rooms growth of approximately 6%, and Adjusted EBITDA of $1.155 billion to $1.205 billion... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Preferred Hotels & Resorts Welcomes 10 New Members
Preferred Hotels & Resorts has welcomed 10 new member properties to its global portfolio between April and June 2026, expanding the prestigious collection of independently owned and operated luxury hotels across sought-after destinations from Bali and the U.S. Virgin Islands to Kenya, Belgium, Portugal, Italy, Ireland, and the United Arab Emirates. New highlights include The Botany in St. Thomas, USVI, a Caribbean retreat with 20 villa-style accommodations, spa, pools, and nature immersion; The Meru Sanur in Bali, a wellness-focused beachfront sanctuary in Indonesia's first health and wellness Special Economic Zone; Ilora Retreats in Kenya's Masai Mara, an intimate luxury safari camp with 14 tented suites, game drives, and cultural exchanges; Via Antwerp in Belgium, a design-driven city retreat with cultural programming and Mediterranean dining; and MYTHIC SANA Downtown Suites in Lisbon, a boutique luxury property with personalized butler service in a historic district.
Other additions include San Clemente Palace Venice, Teatro Luxury Apartments in Florence, Montebelo Vista Alegre Lisboa Chiado Hotel in Lisbon, The Victoria Killarney in Ireland, and Wynn Al Marjan Island in the UAE. For the new member hotels, admission to Preferred Hotels and Resorts provides access to the collection's global distribution platform, mar.... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Four Seasons to Conclude Management of Four Seasons Hotel and Private Residences Bengaluru at Embassy ONE
Four Seasons has announced that it will conclude management of Four Seasons Hotel and Private Residences Bengaluru at Embassy ONE, marking a transition for the property as the company refines its portfolio in the Indian market. The property, located in the Embassy ONE complex in Bengaluru, has been a landmark of luxury hospitality in India's technology capital, featuring 230 guest rooms and suites, multiple dining destinations including Far & East and CUR8, the acclaimed Copitas bar, Infuse Spa, and a resort-style pool. For Four Seasons, the decision to conclude management reflects the company's ongoing portfolio optimization and its focus on properties where it can deliver the greatest value to guests, owners, and stakeholders.
For the property, the transition represents an opportunity for new ownership or management to build on the foundation of excellence established by Four Seasons. The announcement also reflects the broader trend of luxury hotel companies actively managing their portfolio... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Hilton Reports Second Quarter Results
Hilton Worldwide Holdings Inc. has reported its second quarter 2026 results, with diluted EPS of $2.10 and diluted EPS adjusted for special items of $2.29, net income of $482 million, and Adjusted EBITDA of $1,054 million. System-wide comparable RevPAR increased 3.9 percent on a currency-neutral basis compared to the same period in 2025. The company approved 42,900 new rooms for development during the quarter, bringing its development pipeline to 541,300 rooms as of June 30, 2026, representing growth of 6 percent from June 30, 2025. Hilton added 24,100 rooms to its system, resulting in 21,600 net additional rooms, contributing to net unit growth of 6.1 percent from June 30, 2025. In June 2026, Hilton announced the launch of a new lifestyle brand, Undergraduate by Hilton, an upper-midscale offering designed to expand the company's presence in college and university markets. The company issued $1.0 billion aggregate principal amount of 5.500% Senior Notes due 2031 in May 2026 and repurchased 2.9 million shares of Hilton common stock during the second quarter, bringing total capital return, including dividends, to $966 million for the quarter and $2,034 million year to date through July.
For the full year 2026, Hilton projects system-wide RevPAR to increase between 3.0 percent and 3.5 percent on a comparable and currency-neutral basis compared to 2025, with net income projected between $1,883 million and $1,911 million, and Adjusted EBITDA projected between $4,040 million and $4,080 million. Full year 2026 capital return is projected to be approximately $3.5 billion. The results reflect the continued strength of global travel demand and Hilton's ability to drive growth across its diversified portfolio of brands, with the company's development pipeline at a record high and net unit growth demonstrating the continued appeal of Hilton's brands to owners and franchisees.
Christopher J. Nassetta, President and Chief Executive Officer of Hilton, said: "We are pleased with our second quarter results, which once again demonstrate the resilience of our business model and the strength of our brands. Our development pipeline remains at a record high, and we continue to see strong demand across all segments and reg.. Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
Marriott International Announces Landmark Agreement with Misr Italia Properties and People & Places
Marriott International has announced a landmark agreement with Misr Italia Properties and People & Places to develop nine total properties, representing over 1,500 keys, across Egypt's most sought-after coastal and urban destinations, spanning beach resorts, urban hotels, and branded residences across Marriott's luxury and premium brands. The multi-deal agreement is designed to enhance the breadth of Egypt's hospitality experiences and luxury living offerings while supporting the country's broader ambition to grow its tourism sector and reinforce its position as a compelling destination for international investment. Anticipated projects include a 170-room Ritz-Carlton hotel with 268 Ritz-Carlton Residences at Ras Al Hekma on the North Coast; an Autograph Collection hotel with 180 guest rooms and 250 branded residences at Solare Ras El Hekma; a Luxury Collection hotel with 180 rooms and 180 residences at The Hills of One in West Cairo; an Autograph Collection hotel with 80 rooms and 172 branded residences at Kai Sokhna Red Sea; and a 100-room Autograph Collection hotel at Garden 8 in East Cairo.
Shady Hassan, Vice President, Development – North Africa, Marriott International, said: "Egypt remains a strategic growth market for Marriott underpinned by strong tourism fundamentals, expanding infrastructure, and increasing demand for premium hospitality and branded residential experiences. This agreement underscores our long-term commitment to the market and our confidence in the country's continued growth trajectory." Eng. Mohamed Khaled El Assal, Chief Executive Officer & Managing Director of Misr Italia Properties and Cofounder of People & Places, said: "Hospitality is a strategic pillar of our long-term growth vision. With investments
exceeding EGP 56.7 billion, our ambitious hospitality expansion plans are expected to create around 6,000 direct and indirect job opportunities while aiming to welcome approximately 373,000 tourists annually." The agreement builds on the existing relationship betwe.. Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
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The past week in global hospitality has revealed an industry in confident motion across every major region and segment. Marriott International, Hyatt, Accor, and Hilton all reported strong financial results, demonstrating the resilience of the global hotel industry and the continued strength of travel demand. The Langham's opening in Bangkok, Hilton's trio of lifestyle signings in Southeast Asia, and Preferred Hotels' addition of 10 new members demonstrate continued momentum in brand expansion and collection growth. Grand Cayman Marriott Resort's multi-million-dollar investments and beach restoration project demonstrate the industry's commitment to product enhancement and guest experience. The STR data confirms that the U.S. hotel market remains strong, while LE Reports reveal pipeline growth in Latin America and Canada.
From Bangkok to Phuket, from Chiang Mai to the Maldives, from Grand Cayman to Bengaluru, the industry continues to move forward with confidence. Financial results, strategic expansion, brand debuts, and market intelligence collectively paint a picture of an industry firing on all cylinders as the peak summer travel season continues. For members of Leading Hoteliers Network, the past week's developments provide valuable intelligence on the strategic priorities of the world's leading hotel companies and the trends shaping the industry's future.
..... Continue readContinue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here
The Team
at LEADING HOTELIERS NETWORK / JOB LEAD SERVICE
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