Marriott sees drop in business transient RevPAR amid economic uncertainty

Business transient RevPAR at Marriott International properties dropped 2% year over year during the first half of 2025, and the company now projects full-year business RevPAR to be “around flat year over year”.

Marriott CFO Leeny Oberg has attributed the business travel slowdown to macroeconomic uncertainty, but the company projects overall fourth-quarter RevPAR to accelerate, due in part to the timing of large events.

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by Becky Hoyle 12 March 2026
ASAP Operator Member Frasers Hospitality a business unit of Frasers Property Limited, has unveiled a series of comprehensive asset enhancement initiatives (AEIs) spanning four gateway-city assets across Kuala Lumpur, London, Melbourne and Singapore. The asset enhancement strategy reflects Frasers Hospitality’s disciplined capital deployment approach aimed at sustaining value, enhancing income resilience and reinforcing long-term portfolio performance. Briefly, these encompass: Capri by Fraser, Kensington / London: Global debut of refreshed brand identity Novotel Melbourne on Collins: Inventory optimisation and brand alignment The Westin Kuala Lumpur: Strengthened premium segment with sustainability upgrade Frasers House, a Luxury Collection Hotel, Singapore: Luxury heritage transformation for long-term value accretion Across all four properties, the AEIs are aligned with structural trends reshaping global hospitality demand, including the rising preference for experiential and design-led environments, and heightened institutional focus on sustainability performance and operational resilience. Read more
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New data from the RIBA, construction sector analyst Glenigan and the British Property Federation show a decline in residential construction
by Becky Hoyle 29 January 2026
ASAP Operator Member Staycity Group has completed on a sale, development and leaseback transaction with Bridges Fund Management and Citygrove 
by Becky Hoyle 12 March 2026
ASAP Operator Member Frasers Hospitality a business unit of Frasers Property Limited, has unveiled a series of comprehensive asset enhancement initiatives (AEIs) spanning four gateway-city assets across Kuala Lumpur, London, Melbourne and Singapore. The asset enhancement strategy reflects Frasers Hospitality’s disciplined capital deployment approach aimed at sustaining value, enhancing income resilience and reinforcing long-term portfolio performance. Briefly, these encompass: Capri by Fraser, Kensington / London: Global debut of refreshed brand identity Novotel Melbourne on Collins: Inventory optimisation and brand alignment The Westin Kuala Lumpur: Strengthened premium segment with sustainability upgrade Frasers House, a Luxury Collection Hotel, Singapore: Luxury heritage transformation for long-term value accretion Across all four properties, the AEIs are aligned with structural trends reshaping global hospitality demand, including the rising preference for experiential and design-led environments, and heightened institutional focus on sustainability performance and operational resilience. Read more
by Becky Hoyle 29 January 2026
New data from the RIBA, construction sector analyst Glenigan and the British Property Federation show a decline in residential construction

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