⚡ Two Major San Francisco Hotels Reportedly Devalue by $1 Billion

📉 Two Major San Francisco Hotels Reportedly Devalue by $1 Billion

⚡ The Hilton Union Square and Parc 55, once valued at $1.56 billion in 2016, have seen their combined worth plummet to $553.8 million according to a recent assessment by Kroll Bond Rating Agency.

🏨 BWH Hotels Expands Soft Brand Portfolio
⚡ To meet travelers' demand for authenticity and consistency, BWH Hotels is expanding its soft-brand portfolio, including WorldHotels, Premier Collection, Signature Collection, and SureStay Collection, to capture market share and attract new franchise members.

📈 First Hospitality CEO Identifies Growth Opportunities Amid Hotel Turnover
⚡ First Hospitality sees growth potential due to low supply, strong hotel performance, and potential distress, with recent management acquisitions and investments in Dayton, Ohio, and Oklahoma City, and the opening of Tempo by Hilton in Louisville.

👷 Milwaukee's Pfister Hotel Renovates Lobby
⚡ Marcus Hotels & Resorts' $20 million renovation of Milwaukee’s 130-year-old Pfister Hotel is nearly complete, with updated ballrooms, meeting spaces, guestrooms, and now a refurbished lobby ceiling mural originally designed in 1993.

🤖 Wyndham Enhances AI Strategy with New Guest Engagement Platform
⚡ Nearly 2,000 North American hotels now use Wyndham Connect, powered by Canary Technologies, offering AI-assisted messaging, mobile check-in/out, and integrated mobile tipping to enhance guest experiences and boost profitability.

🤝 IHG Hotels & Resorts Partners with V&A Waterfront to Introduce InterContinental Brand to Cape Town
⚡ Set to reopen in 2025 after refurbishment, InterContinental Table Bay Cape Town will redefine luxury hospitality, marking IHG's debut in Cape Town with a multimillion-dollar redevelopment of the historic Table Bay Hotel.

Showcase your brand/product/services in our newsletter and reach over 15,000 industry leaders in hospitality! Contact us today to advertise with Hotel Jolt.

Ready to share your story? You could be featured in our Executive Spotlight and showcase your experiences to our readers! Learn more here.

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.