Texas development
Texas Hotel Pipeline: Frisco’s $5M Tax Rebate, Lockhart’s 500 Keys and Grapevine’s 221-Room Sandman
Frisco will rebate up to $5M in hotel tax for a 250-room hotel, Lockhart weighs 500 keys and Grapevine starts a 221-room Sandman.
By Nathan Snyder · October 25, 2026 · 8 min read
Architecture
The city builds the tower: Indianapolis’s 800-room Signia and the publicly owned convention hotel
Indianapolis owns its new tallest hotel. Dallas, Austin and San Antonio are rebuilding convention centers, and the hotel next door matters to every owner in town.
By Nathan Snyder · October 22, 2026 · 5 min read
Florida
Why New Yorkers moved to Florida, and whether it’s a tax haven for hotel owners
Florida gained $20.6 billion in income from other states in one year. Florida is a tax haven for the owner, not the hotel.
By Nathan Snyder · October 22, 2026 · 6 min read
Architecture
An office building checked back in: what Savannah’s Recess hotel teaches owners about conversions
A 1913 hotel spent decades as offices and reopened this month with 221 keys. The 62 bunk rooms are the smartest part.
By Nathan Snyder · October 22, 2026 · 4 min read
Operations
Chicago's strike reaches Hilton and Hyatt: what it means for your labor budget
Eight hotels have been struck since Oct. 9. The wage that settles Chicago will reset labor costs well beyond the city, and owners pay it.
By Nathan Snyder · October 20, 2026 · 9 min read
Houston
Houston Hotel RevPAR Rises 7% in September as Downtown Slips and $18M in Renovations Lines Up for Two West Houston Hotels
$18M in renovations lines up at two West Houston hotels
By Nathan Snyder · October 25, 2026 · 6 min read
Technology
Expedia in the dock: what the rate parity lawsuit means for hotel owners
A new class action says Expedia's contracts kept direct rates high. You aren't being sued, but your Expedia contract is the evidence.
By Nathan Snyder · October 18, 2026 · 6 min read
Brokerage
What a $95,000 key is really worth: TKO's $2 billion bid for SVC's hotels
About $94,700 a key for 93 hotels, against about $38,000 for SVC’s weakest ones.
By Nathan Snyder · October 18, 2026 · 6 min read
Revenue
Two-speed hotel America: what to watch in Q3 earnings
Upscale brands grew U.S. RevPAR about 5% last quarter. Economy brands grew 1% to 2%.
By Nathan Snyder · October 17, 2026 · 5 min read
Brokerage
The maturity date is the default: why hotel loans are going bad in 2026
A $302 million Waikiki loan ran out of calendar mid-sale. Hotel CMBS delinquency is up three months straight.
By Nathan Snyder · October 17, 2026 · 6 min read
Finance
Twice the ceiling, half the door: the SBA hotel loan in 2026
A $10 million stacked limit, a citizens-only rule since March 1 and new fees since Oct. 1.
By Nathan Snyder · October 12, 2026 · 8 min read
Revenue
The 12 percent flag: what owners really pay a brand
The contract says 8% or 9%. The bill runs closer to 10% to 13% of rooms revenue.
By Nathan Snyder · October 12, 2026 · 7 min read
Operations
The last capped bill: what Texas owners should check this month
A $125,000 FF&E exemption, a 20% cap ending Dec. 31 and a 9.6% higher Harris County rate.
By Nathan Snyder · October 12, 2026 · 8 min read
Q3 Deal Recap
22 hotel sales, and the three quiet ones owners should study
From $95,477 a key to $1.34 million. Capex, zoning and certainty moved the price more than the flag.
By Nathan Snyder · October 7, 2026 · 6 min read
2027 Budget
The 2.1 percent budget: next year’s revenue won’t pay next year’s bills
Two forecasters agree on 2027. Rate trails inflation, liability insurance is still hardening, and costs set the profit.
By Nathan Snyder · October 2026 · 7 min read
Finance
The refi clock: 596 hotel loans and a Fed that just raised rates
Delinquencies are climbing again. Debt yield, not your appraisal, decides whether you refinance.
By Nathan Snyder · October 7, 2026 · 8 min read
Insurance
Cheaper wind, pricier lawsuits: the insurance market Isaias walked into
Hotel property premiums fell up to 25% this year. Liability kept climbing. Hurricane Isaias just tested which number owners should budget around, and here are six things to check now.
By Nathan Snyder · October 12, 2026 · 8 min read
Hotels
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Operations
No vacancy for neutrality: the hotel industry’s ICE standoff
A canceled reservation in Lakeville set off GSA, a franchise termination, and lobby occupations from Manhattan to Fort Myers. Neutral is no longer a square footage.
By Nathan Snyder · September 25, 2026 · 11 min read
Labor
46 hotels, one vote: Chicago’s 85 percent strike authorization
7,000 workers just told a booming convention market the boom is not reaching the floor. Seattle and Philadelphia already published the new wage numbers.
By Nathan Snyder · September 25, 2026 · 9 min read
Revenue
The algorithm defense is collapsing. Two circuits just split.
The Third Circuit revived Atlantic City’s Rainmaker case. The Ninth Circuit dismissed Vegas. Every property running shared pricing software now lives in that gap — and the next complaint will be written to the circuit that still has a pulse.
By Nathan Snyder · September 25, 2026 · 11 min read
Distribution
“Forget hotels” is dead. Airbnb is listing nearly 4,000 of them.
Thirteen percent commission versus the usual OTA take. The brand fight is still the brand fight. The channel math is not.
By Nathan Snyder · September 25, 2026 · 10 min read
Technology
“Destroying some jobs”: the first AI-native operator
Sloan Dean left Remington and built a management company that runs the back office with 60-plus agents. The night audit does not sleep.
By Nathan Snyder · September 25, 2026 · 9 min read
Operations
Only 55% of Americans wake up well-rested. Hotels should care.
Are your rooms built for rest, or are you just selling a bed? What sleep data means for the guest room.
By Nathan Snyder · September 25, 2026 · 6 min read
Insurance
How hoteliers are banding together to lower insurance premiums
Insurance is one of the fastest-growing lines on the P&L. Owners are pooling buying power to push back.
By Nathan Snyder · September 25, 2026 · 4 min read
Revenue
The loyalty illusion: devalued points open a door for independents
Marriott, Hilton and Hyatt made their points worth less again. For boutique hotels without a rewards program, that is an opening.
By Nathan Snyder · September 3, 2026 · 6 min read
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