Trevor Simpson

Associate Editor @Hotel_News_Now | [email protected]

[Trevor Simpson @HNN_Trevor]

Choice Hotels International will no longer pursue acquiring Wyndham Hotels & Resorts, per a Monday news release.

About a year after its initial offer, Choice said there wasn't "a path towards a transaction available at this time."

https://t.co/62f1LPB17w

[Trevor Simpson @HNN_Trevor]

Hotel rates this weekend in Las Vegas are forecast to average $573, which would set a Super Bowl host market record, according to data from STR, CoStar’s hospitality analytics firm.

https://t.co/xhXvUzRYwx

[Trevor Simpson @HNN_Trevor]

Spoke with C. Patrick Scholes of Truist Securities about Choice Hotels International's latest move to pursue a hostile takeover of Wyndham Hotels & Resorts.

https://t.co/Owiq0zpcci

[Trevor Simpson @HNN_Trevor]

Beyoncé's Renaissance World Tour was the highest-grossing tour by a female artist ever and generated an estimated $4.5 billion in economic impact in the U.S., according to @nytimes.

Its effect on hotel performance is less clear.

https://t.co/MKwLD4KMSI

[Trevor Simpson @HNN_Trevor]

First story out of @Hoteldataconf: Hotel revenue managers are shifting their focus to total revenues and ancillary revenues to drive margins. https://t.co/kf7iMCa8D8

[Trevor Simpson @HNN_Trevor]

Day one recap from Toronto with @HNN_Sean https://t.co/84S2yJisb1

[CoStar News @CoStarNews]

Music star @taylorswift13 is gaining a significant amount of “#Swifties” with her North American tour this summer in a demographic that she couldn’t see even in her wildest dreams: Hotel general managers.

Story by @HNN_Trevor
https://t.co/meOOXPEjMe

[Trevor Simpson @HNN_Trevor]

I spoke to some hotel general managers about their #ErasTour experiences. Taylor Swift didn't respond for comment.
https://t.co/wAGS9eWRjn

[Trevor Simpson @HNN_Trevor]

IHG Hotels & Resorts has named Jolyon Bulley as its new CEO for the Americas. He will take over the role from Elie Maalouf, who was named as IHG’s new group CEO on May 5 after Keith Barr decided to step down, the company said in a news release Wednesday. https://t.co/3skSC7t3v9

[CoStar News Hotels (Hotel News Now) @CostarHotels]

The Hotel News Now editorial team received several @ASBPE awards, including two 2023 National Gold Awards for Overall Headline Writing and Trade Show/Conference Coverage for @Hoteldataconf. Read more about the team's accomplishments here:
https://t.co/1eHa3CcEh9

[Trevor Simpson @HNN_Trevor]

Shifts in business travel demand over the past few years have included trips that increasingly blend in leisure, as remote and hybrid work enable extended stays at hotels. Some hotel executives believe these shifts could be permanent. https://t.co/9c7gdeXLyw

[CoStar News Hotels (Hotel News Now) @CostarHotels]

Hear from @MarriottIntl CEO Tony Capuano, who discussed the resiliency of travel demand, provided a recession outlook and shared how Marriott is adapting to evolving guest expectations. Visit the link for the full interview.
https://t.co/o64MYtCL44

[CoStar News Hotels (Hotel News Now) @CostarHotels]

Uncertainty about the strength of the broader economy and whether a recession will occur is likely to once again be the main topic discussed during fourth-quarter and full-year earning calls with hotel brands and REITs, which begin this week.
https://t.co/CnJIvZ6F1C

[Trevor Simpson @HNN_Trevor]

Hawaii's hotel industry is coming off a year of strong rate growth and continues to inch closer to pre-pandemic occupancy levels, but the island state finds itself in a peculiar position, with clouded optimism for the future of hospitality and tourism. https://t.co/IzlC87Kz7F

[CoStar News Hotels (Hotel News Now) @CostarHotels]

Read our top #hospitality news of the week.

GenCom's portfolio plan: https://t.co/hfB06GxIhk
1-on-1 with Detroit hotel GM: https://t.co/zfvc0yTvcF
Spark by Hilton: https://t.co/yPK53dQSIZ
Airport hotel demand: https://t.co/IMFtiCPT6T
Wall Street outlook: https://t.co/jBIDTmdkyW

[Stephanie Ricca @HNN_Steph]

Ding ding ding -- first new brand launch of 2023!

https://t.co/DLxMix1c4a

[CoStar News Hotels (Hotel News Now) @CostarHotels]

Hoteliers across several positions in the industry shared what they are most optimistic and pessimistic about as a new year gets underway.

https://t.co/0xvCzqdxFP

[Trevor Simpson @HNN_Trevor]

Travel patterns normalized somewhat in 2022 as many countries across the globe loosened COVID-19 restrictions and booking windows increased. However, a lack of international travel continues to be a concern for the U.S. hotel industry. https://t.co/bN28WAZGqm

[Trevor Simpson @HNN_Trevor]

There was a debate in the newsroom about whether this art could really be considered "laid-back."

Regardless, designers say Pantone's 2023 Color of the Year, Viva Magenta, can be most practically used as an accent piece -- and the occasional lobby wall.
https://t.co/L5EGiWQM6n

[Trevor Simpson @HNN_Trevor]

Still looking like slow, gradual growth for the San Francisco market in 2023.

Impending international travel demand from Asian countries and a pickup in convention center bookings provide a runway for growth, however. Might not fully recover to 2019 levels until 2025, though.

[CoStar News Hotels (Hotel News Now) @CostarHotels]

Hoteliers in San Francisco saw the market begin to recover throughout 2022, but they agree the city needs more reliable demand next year, @HNN_Trevor reports.

https://t.co/9ByOgmAj2O