{"id":22839,"date":"2025-08-04T08:30:13","date_gmt":"2025-08-03T23:30:13","guid":{"rendered":"https:\/\/lobin.co\/?post_type=article&#038;p=22839"},"modified":"2025-08-02T12:55:42","modified_gmt":"2025-08-02T03:55:42","slug":"lobin-weekly-update-003","status":"publish","type":"article","link":"https:\/\/lobin.co\/en\/insight\/article\/lobin-weekly-update-003\/","title":{"rendered":"Lodging Market Weekly Update 003"},"content":{"rendered":"<style>li {margin-bottom: 10px;}<\/style>\n<p>2025\/07\/21 &#8211; 2025\/08\/03<\/p>\n<h6>Korea<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hankyung.com\/article\/2025072855336\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Hotel Shilla Q2 Earnings<\/strong><\/a>: Hotel Shilla\u2019s stock price dropped by about 8% following weak Q2 earnings. Operating profit was KRW 8.7 billion, down 68.7% year-on-year and approximately 46% below market expectations, while revenue showed only a slight increase. Securities firms maintained a \u201cNeutral\u201d rating, noting that duty-free demand is unlikely to recover until the return of Chinese group tourists.  <\/li>\n<\/ul>\n<h6>APAC<\/h6>\n<ul>\n<li><a href=\"https:\/\/hotelsmag.com\/news\/wyndham-links-up-with-ovolo-group-to-expand-apac-network\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Wyndham\u2013Ovolo Partnership<\/strong><\/a>: Wyndham has formed a strategic partnership with Ovolo, a Hong Kong-based lifestyle hotel brand. Through this agreement, five Ovolo hotels in Australia and Hong Kong will be integrated under the Wyndham brand, expanding Wyndham\u2019s premium lifestyle portfolio in the Asia-Pacific region. Ovolo will retain ownership and operations of the hotels while leveraging Wyndham\u2019s global network and loyalty program for growth.  <\/li>\n<\/ul>\n<h6>Americas<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hotelinvestmenttoday.com\/Deals\/Mergers-and-Acquistions\/1754-acquires-in-North-Carolina-Pensacola-development-US-hotels-down\" target=\"_blank\" rel=\"nofollow noopener\"><strong>U.S. Weekly Hotel Performance<\/strong><\/a>: For the week of July 20\u201326, 2025, the U.S. hotel industry recorded declines year-over-year. OCC stood at 71.5% (-0.7%), ADR at $164.88 (-0.1%), and RevPAR at $117.88 (-0.8%). Houston saw the steepest declines in all three metrics due to a base effect from elevated demand after Hurricane Beryl in 2024.  <\/li>\n<li><a href=\"https:\/\/www.hotelinvestmenttoday.com\/Deals\/Mergers-and-Acquistions\/2025-deals-in-US-way-down-unlikely-to-change\" target=\"_blank\" rel=\"nofollow noopener\"><strong>U.S. Hotel Investment \u2013 First Half 2025<\/strong><\/a>: Hotel transaction volume in the U.S. dropped by approximately 22% year-over-year in H1 2025, with expectations of continued weakness into the second half. Amid stable interest rates and ongoing macroeconomic uncertainty, property owners are reluctant to sell. Most transactions are under $10 million, with private equity firms being the main buyers.  <\/li>\n<li><a href=\"https:\/\/hotelsmag.com\/news\/westin-cincinnati-acquisition\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Portman\u2019s Strategic Shift<\/strong><\/a>: Real estate developer Portman has acquired the 456-room Westin Cincinnati, located in the city\u2019s downtown core. This marks Portman\u2019s first hotel acquisition and signals a strategic pivot from development-led initiatives to asset acquisition and value-add strategies. <\/li>\n<\/ul>\n<h6>Europe<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.hotelnewsresource.com\/article137476.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Dusit\u2013Sydel Joint Venture<\/strong><\/a>: Thailand\u2019s Dusit has partnered with French real estate investment firm Sydel to establish a joint venture named \u201cDusit France.\u201d The partnership aims to introduce and develop various Dusit hotel brands in key regions of France. By leveraging Sydel\u2019s local expertise, the venture plans to strategically select hotel sites and promote innovative, wellness- and sustainability-focused hotel concepts.  <\/li>\n<\/ul>\n\t\t<div data-elementor-type=\"section\" data-elementor-id=\"22788\" class=\"elementor elementor-22788 elementor-22771\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-685e57f e-con-full e-flex e-con e-parent\" data-id=\"685e57f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b60e79 elementor-widget elementor-widget-wpforms\" data-id=\"8b60e79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpforms.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpforms-container wpforms-render-modern\" id=\"wpforms-22767\"><form id=\"wpforms-form-22767\" class=\"wpforms-validate wpforms-form wpforms-ajax-form\" data-formid=\"22767\" method=\"post\" enctype=\"multipart\/form-data\" action=\"\/en\/wp-json\/wp\/v2\/article\/22839\" data-token=\"2f576d807682f628305c60c6d90c4a8e\" data-token-time=\"1776403001\"><noscript class=\"wpforms-error-noscript\">Please enable JavaScript in your browser to complete this form.<\/noscript><div id=\"wpforms-error-noscript\" style=\"display: none;\">Please enable JavaScript in your browser to complete this form.<\/div><div class=\"wpforms-field-container\">\t\t<div id=\"wpforms-22767-field_5-container\"\n\t\t\tclass=\"wpforms-field wpforms-field-text\"\n\t\t\tdata-field-type=\"text\"\n\t\t\tdata-field-id=\"5\"\n\t\t\t>\n\t\t\t<label class=\"wpforms-field-label\" for=\"wpforms-22767-field_5\" >Email Name Layout<\/label>\n\t\t\t<input type=\"text\" id=\"wpforms-22767-field_5\" class=\"wpforms-field-medium\" name=\"wpforms[fields][5]\" >\n\t\t<\/div>\n\t\t<div id=\"wpforms-22767-field_1-container\" class=\"wpforms-field wpforms-field-content\" data-field-id=\"1\"><div id=\"wpforms-22767-field_1\" class=\"wpforms-field-large wpforms-field-row\" aria-errormessage=\"wpforms-22767-field_1-error\"><h4>Sign Up for the Lodging Market Weekly Update!<\/h4>\n<p>The email and name submitted will be used only for sending the newsletter, and you can cancel your subscription at any time using the unsubscribe link in the newsletter.<\/p>\n<div class=\"wpforms-field-content-display-frontend-clear\"><\/div><\/div><\/div><div id=\"wpforms-22767-field_2-container\" class=\"wpforms-field wpforms-field-layout\" data-field-id=\"2\"><div class=\"wpforms-field-layout-rows wpforms-field-large\"><div class=\"wpforms-layout-row\"><div class=\"wpforms-layout-column wpforms-layout-column-50\"><div id=\"wpforms-22767-field_3-container\" class=\"wpforms-field wpforms-field-email\" data-field-id=\"3\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-22767-field_3\" aria-hidden=\"false\">Email <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"email\" id=\"wpforms-22767-field_3\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][3]\" placeholder=\"example@example.com\" spellcheck=\"false\" aria-errormessage=\"wpforms-22767-field_3-error\" required><\/div><\/div><div class=\"wpforms-layout-column wpforms-layout-column-50\"><div id=\"wpforms-22767-field_4-container\" class=\"wpforms-field wpforms-field-name\" data-field-id=\"4\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-22767-field_4\" aria-hidden=\"false\">Name <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"text\" id=\"wpforms-22767-field_4\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][4]\" placeholder=\"John Doe\" aria-errormessage=\"wpforms-22767-field_4-error\" required><\/div><\/div><\/div><\/div><\/div><script>\n\t\t\t\t( function() {\n\t\t\t\t\tconst style = document.createElement( 'style' );\n\t\t\t\t\tstyle.appendChild( document.createTextNode( '#wpforms-22767-field_5-container { position: absolute !important; 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2025\/08\/03 Korea Hotel Shilla Q2 Earnings: Hotel Shilla\u2019s stock price dropped by about 8% following weak Q2 earnings. Operating profit was KRW 8.7 billion, down 68.7% year-on-year and approximately 46% below market expectations, while revenue showed only a slight increase. Securities firms maintained a \u201cNeutral\u201d rating, noting that duty-free demand is unlikely to [&hellip;]<\/p>\n","protected":false},"featured_media":22813,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"tags":[],"class_list":["post-22839","article","type-article","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article\/22839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/types\/article"}],"replies":[{"embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/comments?post=22839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/media\/22813"}],"wp:attachment":[{"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/media?parent=22839"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lobin.co\/en\/wp-json\/wp\/v2\/tags?post=22839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}