Lodging Daily News

Mike Deitemeyer joined Rockbridge as executive vice president of Rockbridge Holdings and president of its development company. As the company looks to scale and grow in the luxury and lifestyle segment, Deitemeyer will lead strategic affiliates beginning with its newest acquisition, ZaZa Hotels and Resorts. With a background spanning operations, brand leadership, hospitality development, and investing, Deitemeyer brings experience in placemaking to Rockbridge. Deitemeyer has been at the forefront of large-scale public-private investments in U.S.

WASHINGTON—CoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 released at the Americas Lodging Investment Summit (ALIS). For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 percent and +1.8 percent, respectively. Occupancy for the year was raised 0.1 percentage points to 63.1 percent. “While business optimism is on the rise, economic data has

LOS ANGELES, California—AHLA Foundation raised more than $1,000,000 at its annual Night of a Thousand Stars fundraising gala, bringing together over 400 industry leaders at the Beverly Hilton. Proceeds of the gala will support workforce development initiatives for hotel industry employees. The event took on significance this year as the industry demonstrated its commitment to the recovery and resilience of Los Angeles in the wake of recent wildfires with donations to the Red Cross and

DALLAS, Texas—Investors are preparing to allocate additional capital to the U.S. hotel sector in 2025, driven by expectations of higher returns, distressed asset opportunities, and favorable pricing, according to the findings of CBRE‘s latest U.S. Hotels Investor Intentions Survey. The survey highlights a growing sense of optimism among investors, with 94 percent intending to maintain or expand their hotel portfolios this year, up from 85 percent in 2024. At the same time, only 6 percent

CHICAGO—JLL’s Hotels & Hospitality Group has released its annual Global Hotel Investment Outlook, projecting a 15 percent to 25 percent increase in global hotel investment volume compared to 2024. Through November, global hotel demand reached a staggering 4.8 billion room nights, 102 million more than in 2023, resulting in RevPAR growth of 4 percent. Though RevPAR grew in all regions, performance remains uneven, with Asia Pacific (APAC) still lagging 10 percent behind 2019 levels while