Affluent Households Now Drive Most U.S. Travel Spending

Ian Schrager and Highgate Expand Public Hotel Brand

Hotel design pioneer Ian Schrager has partnered with hotel manager Highgate to accelerate growth of the Public hotel brand globally. The deal allows Schrager to focus on creative vision while Highgate brings management scale across its extensive portfolio. Public’s second hotel in West Hollywood is expected to open soon, with plans for more expansions in key markets. This partnership combines Schrager’s boutique expertise with Highgate’s operational and investment reach, enabling the brand to grow faster than it could on its own. For the industry, the move signals renewed momentum for lifestyle and concept-driven hotel brands. Read more.

Fundamental Hospitality Eyes Hotel Expansion

Dubai-based Fundamental Hospitality, known for lifestyle dining and branded venues, is preparing to extend its footprint into the hotel sector. The group has been investing heavily in global expansion, including luxury hotel and branded residence plans supported by a $200 million strategy for 2026. Current lifestyle brands like GAIA and La Maison Ani will expand internationally, while new hospitality concepts enter key markets, aligning hotel development with the company’s lifestyle ethos. This marks a shift from regional dining to broader hospitality offerings that blend food, culture, and guest experience. Read more.

There’s a reason mobile home parks are getting so much institutional love

They remain one of the key affordable-housing sources nationally, have limited supply and high tenant retention (10-12Y). Investors can see tremendous upside with professionally-managed MHP portfolios such as Vintage Capital’s, which targets a 15-17% IRR and makes monthly distributions. Invest directly in individual deals or via a 10+ property fund. 1031s also available. Visit the deal room now to get started.

Arcano Partners Acquires Three Hotels in Tenerife

Arcano Partners’ asset management division completed the acquisition of three four-star hotels in Tenerife, adding 1,050 rooms to its portfolio. The properties — including Alua Atlántico Golf Resort, Alua Tenerife, and AluaSoul Orotava Valley — will continue to operate under long-term Hyatt management contracts. Arcano plans to invest further to upgrade these hotels and reposition them within the all-inclusive market, responding to strong year-round demand. This deal demonstrates continued investor interest in European leisure destinations and the strategic importance of all-inclusive stays. Read more.

HEI Takes Over Management of Four Orlando Marriott Hotels

Hospitality HEI Hotels & Resorts has assumed management of a portfolio of four Marriott-branded hotels in Orlando, Florida. These include a range of product types designed for both leisure and business travellers near major attractions and conference venues. HEI’s management move is part of its broader U.S. expansion strategy, aiming to enhance operational performance and guest experience through local leadership and service adjustments. This signals confidence in Orlando’s continued demand and the attractiveness of the Florida market for branded hotel investment. Read more.

Affluent Households Now Drive Most U.S. Travel Spending

New research shows that the top 10% of U.S. households now account for most consumer spending, especially in leisure travel, with projected spending around $544 billion in 2026. Wealthier travellers are taking more trips and spending much more per journey than average travellers, which is reshaping hospitality demand. This group’s preferences are influencing where destinations invest and what kinds of stays get built, from wellness travel to ultra-luxury cruising. For hotels, understanding the spending patterns and priorities of affluent guests is key to future growth and ROI. This trend highlights a travel economy increasingly concentrated among higher-income segments whose behaviour now shapes capital flow and service innovation. Read more.

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