LODGING Staff

🏨 Hilton Worldwide Holdings Inc. reported Q1 2025 results with a diluted EPS of $1.23, adjusted EPS of $1.72, and net income of $300 million. Adjusted EBITDA hit $795 million, with a 2.5% rise in system-wide comparable RevPAR. The company's development pipeline reached 503,400 rooms, marking a 7% increase from the previous year. Hilton added 20,100 rooms, bought back 3.7 million shares, and returned $927 million to shareholders in Q1. Projected full-year 2025 figures include flat to 2.0% RevPAR growth, net income of $1,707-$1,749 million, Adjusted EBITDA of $3,650-$3,710 million, and $3.3 billion in capital returns.

🏨 Marriott International, headquartered in Bethesda, Maryland, is set to acquire citizenM—a lifestyle brand with 36 hotels and 8,544 rooms globally, in cities such as New York, London, Paris, and Rome. The $355 million transaction will bolster Marriott's select-service and lifestyle offerings, incorporating a pipeline of 3 hotels (600+ rooms) slated to open by mid-2026. Post-acquisition, the brand will join Marriott's system with new long-term franchise agreements. Anticipated stabilized fees are approximately $30 million annually, with potential earn-out payments up to $110 million based on brand growth over the years. The deal awaits U.S. regulatory approval.

🏦 Peachtree Group, in Atlanta, Georgia, received USCIS approval for four EB-5 regional centers in 2023 to expand its national EB-5 program footprint. They've secured I-956F approvals for three hotel developments: Home2 Suites in Boone (NC), TownePlace Suites in Palmdale (CA), and SpringHill Suites in Bryce Canyon City (UT). EB-5 visa program offers foreign investors green cards for a minimum $800,000 investment creating at least 10 full-time US jobs. Peachtree aims to sponsor and structure more EB-5 projects, tapping into low-cost capital and facilitating economic development and job creation.