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Sandals Is Spending $200M to Renovate Three Resorts. The Hurricane Made Them Do It Right. Choice Hotels' 2026 Guidance Is Basically Flat. And Wall Street Already Noticed. 16,000 Keys Across Four Countries. One Guy's Building a Pan-Asian Hotel Empire Most Americans Haven't Noticed. A TV Show Just Got Renewed. Here's Why Your Hotel in Toronto Should Care. Disney's Been Renovating the Grand Floridian for Six Years. And They're Still Not Done. Expedia's B2B Bookings Hit $8.7 Billion. Your OTA Commission Check Just Got More Complicated. Airbnb Just Took On $2.5 Billion in Debt It Didn't Need. That Should Worry You. Sandals Is Spending $200M to Renovate Three Resorts. The Hurricane Made Them Do It Right. Choice Hotels' 2026 Guidance Is Basically Flat. And Wall Street Already Noticed. 16,000 Keys Across Four Countries. One Guy's Building a Pan-Asian Hotel Empire Most Americans Haven't Noticed. A TV Show Just Got Renewed. Here's Why Your Hotel in Toronto Should Care. Disney's Been Renovating the Grand Floridian for Six Years. And They're Still Not Done. Expedia's B2B Bookings Hit $8.7 Billion. Your OTA Commission Check Just Got More Complicated. Airbnb Just Took On $2.5 Billion in Debt It Didn't Need. That Should Worry You.

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Incentive Alignment

1 story · First covered Mar 29, 2026 · Latest Mar 29

Incentive Alignment Coverage

Chatham Sold Old Hotels at 27% Margins. Bought New Ones at 42%. The CEO Manages Both Sides.

REITs Primary

Mar 29

Chatham Sold Old Hotels at 27% Margins. Bought New Ones at 42%. The CEO Manages Both Sides.

Chatham Lodging Trust swapped six aging hotels for six newer Hilton-branded properties at a 10% cap rate, and the margin improvement looks clean on paper. The part worth examining is the person sitting on both sides of the management contract.

JC

Jordan Chen 2 min read · Mar 29