New York City Clarifies Short-Term Rental Tax Rules

IHG Reports Strong Financial Results With Buyback and Dividend Boost

InterContinental Hotels Group posted robust full-year 2025 results with revenue up about 5 % and operating profit rising strongly. Profit per share climbed and management announced a new $950 million share buyback programme for 2026 alongside a 10 % yearly dividend increase. The firm expects stronger trading conditions ahead and will use major events such as the 2026 FIFA World Cup to drive demand, particularly in its U.S. market. IHG also continues to expand its portfolio and brand offerings. Read more.

WorldVue Partners With Preferred Hotels & Resorts

WorldVue partnered with Preferred Hotels & Resorts through the brand’s Alliance Partner Program. As part of this initiative, WorldVue will provide support services to independent luxury hotels within Preferred’s global network, helping them access marketing, reservations, and revenue solutions. Preferred Hotels & Resorts is the largest independent hotel brand with broad global reach across distinct hotel segments. Read more.

New TownePlace Suites Extended-Stay Hotel Opens

Marriott’s TownePlace Suites by Marriott brand expanded its U.S. presence with a newly unveiled extended-stay property. This hotel offers residential-style suites with kitchens and amenities tailored to longer stays. It adds to Marriott’s network of extended-stay lodging options that cater to guests who need comfort for longer visits while maintaining essential services and a community feel. Read more.

Top Renovations That Drive ROI for Full-Service Lifestyle Hotels

This article highlights five renovation areas that tend to deliver strong returns for full-service lifestyle hotels. Key upgrades include refreshed guestrooms with modern finishes, lobby redesigns that improve guest flow, and enhancements to food & beverage spaces that boost ancillary revenue. Well-planned renovations can help hotels command higher rates and improve guest satisfaction in competitive markets. Read more.

New York City Clarifies Short-Term Rental Tax Rules

New York City’s tax authority recently issued guidance affecting short-term rentals. Properties that resemble traditional apartments but are rented frequently can now be taxed like hotels under local law. Owners of short-term rentals must understand when occupancy triggers hotel taxes and how the city defines taxable activity. These rules aim to bring more compliance and clarity for hosts and investors operating in the city. Read more.

Showcase your brand/product/services in our newsletter and reach over 32,000 industry leaders in hospitality! Contact us today to advertise with Hotel Jolt.

Disclosure: Some content in this newsletter may be sponsored or include affiliate links. Hotel Jolt might earn commissions or have a business interest in featured companies. Read our privacy policy.