Travel & Hospitality · Week of Nov 2, 2026
Park and hotel earnings split as holiday season nears
Hotel and park operators posted mixed third-quarter results as companies also reshuffled hotel assets, named a CEO and settled a casino strike.
Third-quarter earnings led the week. Xenia Hotels & Resorts says it narrowed its net loss to $2.7 million, posted a 12.5% rise in Same-Property RevPAR and raised its full-year 2026 guidance. United Parks & Resorts reported a 4.7% drop in attendance to 6.5 million guests and a 10.5% fall in net income. The company attributes the decline mainly to weather, calendar impacts, lower international visitation and fewer promotional admissions, while per capita spending rose. Theme parks also turned to the holiday and 2027 seasons: Six Flags detailed holiday events across 11 parks and Black Friday pass offers, and United Parks CEO Marc Swanson cited a 2027 pass product base up over 15%.
Ownership, leadership and labor changes rounded out the week. AMTD Digital moved controlling interests in four hotels into its subsidiary The Generation Essentials Group for US$209,766,000 in new shares. HBX Group named co-founder Carlos Muñoz chief executive, and the Teamsters said more than 1,300 Encore Boston Harbor workers ratified a contract after a 62-day strike. Smaller items included a rooftop restaurant opening at Hotel La Jolla and a Forbes Travel Guide recognition for a Dallas residential community.
Xenia Hotels & Resorts, Inc.
Xenia Hotels & Resorts Reports Third Quarter 2026 Results
Xenia Hotels & Resorts reported a third-quarter 2026 net loss attributable to common stockholders of $2.7 million, compared with $13.7 million a year earlier, as Adjusted EBITDAre rose 26.0% to $53.2 million and Same-Property RevPAR rose 12.5% to $184.75. The company raised full-year 2026 guidance to Adjusted EBITDAre of $278 million to $284 million, citing third-quarter and October performance above its prior expectations.
United Parks and Resorts Inc.
United Parks & Resorts Inc. Reports Third Quarter and First Nine Months 2026 Results
United Parks & Resorts said third-quarter 2026 revenue fell 1.1% to $506.5 million and net income fell 10.5% to $80.0 million as attendance declined 4.7% to 6.5 million guests, while total revenue per capita rose 3.8% to $78.29. CEO Marc Swanson said third-quarter pass sales were up almost 8% and the 2027 pass product base was up over 15% as of October 31.
Six Flags Entertainment Corporation
Six Flags expands the holiday cheer with more parks, more events and more ways for families to celebrate in 2026
Six Flags announced holiday events at 11 parks in the United States, Canada and Mexico starting Nov. 20, 2026, including reimagined Holiday in the Park events at Six Flags Great Adventure and Six Flags Over Georgia. The lineup also includes free unlimited home-park admission for guests 65 and older through the 2026 season, excluding Knott's Berry Farm, and Black Friday offers valid through Nov. 30 that tie ticket and pass sales to the 2027 season.
AMTD IDEA Group; AMTD Digital Inc.; The Generation Essentials Group
AMTD IDEA, AMTD Digital and TGE Jointly Announce the Injection of Four Premium Hotel Assets into TGE
AMTD Digital transferred controlling interests in four hotels, including AMTD IDEA Tribeca Hotel and a 50% interest with veto power in the Ritz-Carlton, Perth hotel operations, to its subsidiary The Generation Essentials Group for US$209,766,000, paid in 198,630,381 new TGE Class A shares. The deal was completed on November 2, 2026, and afterward AMTD Digital holds 88.2% of TGE and AMTD IDEA Group beneficially owns 95.6%.
HBX Group
HBX GROUP APPOINTS CARLOS MUÑOZ AS CHIEF EXECUTIVE OFFICER
HBX Group International plc appointed co-founder Carlos Muñoz as Chief Executive Officer effective 1 December 2026, following a Board-led search after Nicolas Huss retired on 30 September 2026. Muñoz moves from Non-Executive Director to Executive Director, ending the interim period in which Brendan Brennan served as Interim CEO and CFO.
International Brotherhood of Teamsters
CASINO TEAMSTERS WIN STRIKE AT ENCORE BOSTON HARBOR
The International Brotherhood of Teamsters said more than 1,300 Encore Boston Harbor workers represented by Teamsters Local 25 and UNITE HERE Local 26 ratified a five-and-a-half-year contract after 62 days on strike. The union says the contract includes wage increases, enhanced benefits and improved working conditions, and that the property's September 2026 gross gaming revenue fell approximately 22 percent year-over-year to $46.06 million because of the strike.
Aries La Jolla
A New Spark for San Diego's Coastal Jewel: Aries Ushers in a New Social Era for La Jolla
Aries, an 11th-floor rooftop restaurant and lounge at Hotel La Jolla, part of Hilton's Curio Collection, debuts November 11, 2026, backed by an investment exceeding $1 million. The release says the project repositions a rooftop space that historically catered to overnight guests as a destination for locals and visitors, with a private dining and event space for up to approximately 100 guests.
FirstService Residential
Residences at the Stoneleigh Celebrates Forbes Travel Guide VERIFIED™ Luxury Residences Recognition
FirstService Residential said residents, board members and its management team gathered at Residences at the Stoneleigh in Dallas to mark the community's Forbes Travel Guide VERIFIED Luxury Residences recognition. The release, dated Nov. 5, 2026, shows the Forbes Travel Guide designation being applied to residential properties as well as hotels.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not News Today Lines reporting.