How High Are Art Prices Today? The Latest from Spring Auctions…
How High Are Art Prices Today? The Latest from Spring Auctions…
$85,800,000 for a Rothko
$98,385,000 for ANOTHER Rothko
$107,585,000 for a Brancusi sculpture
$181,200,000 for a Pollock
Sounds crazy, but those masterpieces were once-in-a-lifetime opportunities for the ultra-rich buyers. Postwar contemporary art’s scarcity is largely what’s driven appreciation that’s comparable to even the S&P over the last thirty years.*
Obviously, art investing is out of reach for most people.
But since 2017, Masterworks has taken a data-driven approach to investing in art, making it accessible to individual investors.
Masterworks members can invest in shares of artwork by Rothko, Basquiat, Warhol, and others. When a piece sells, they get a share of the proceeds.
Over $1.2 billion has been deployed across over 500+ artworks. And 29 exits to-date have delivered net annualized returns like 16.5%, 17.6% and 17.8% on pieces held longer than a year, not including those unsold.
To see Masterworks track record of sold works and inquire about membership, our subscribers can use this unique link.
*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.
Mews Expands Platform With SiteMinder Partnership
Mews announced a major expansion of its hospitality platform during its Unfold event in Amsterdam, adding new capabilities across revenue management, workflow automation, guest communications, and accounts receivable. The company also revealed a deeper partnership with SiteMinder that will integrate hotel distribution tools directly into the Mews operating system. The goal is to reduce the operational friction created by disconnected hotel systems. According to Mews, many hoteliers now prioritize better system integration over adding standalone AI tools. The partnership also reflects growing demand for unified hotel management platforms. Read more.
Oklahoma City Hotels Brace for Women’s College World Series Surge
Hotels across Oklahoma City are preparing for a major spike in occupancy as the Women’s College World Series arrives in the city. Some properties expect demand increases of up to 90 percent during the tournament period as fans, teams, media crews, and sponsors travel into the market. The event continues to strengthen Oklahoma City’s position as a major sports tourism destination. Hospitality operators are also increasing staffing and adjusting pricing strategies to handle the influx. Industry observers expect restaurants, transportation providers, and entertainment venues to benefit from the surge as well. Read more.
My Place Hotels Partners With Lloyd Companies
My Place Hotels is continuing its expansion strategy through a new partnership with Lloyd Companies. The collaboration will support the growth of extended-stay properties in targeted US markets where demand for flexible lodging continues to rise. Extended-stay hotels remain attractive to developers because of lower operating costs and stable long-term occupancy trends. The partnership also highlights ongoing investor confidence in the midscale and extended-stay segments despite broader economic uncertainty. Developers continue targeting business travelers, relocating workers, and project-based guests seeking apartment-style accommodations. Read more.
CIM Group Closes $154 Million in Hotel Loans
CIM Group closed $154 million in financing across three US hotel properties located in California, Pennsylvania, and Florida. The transactions include refinancing for the Monterey Beach Hotel and the Kimpton Hotel Monaco Pittsburgh, along with acquisition financing for the Sheraton Suites Fort Lauderdale West. The deals show continued lending activity in the hospitality sector despite tighter financing conditions in commercial real estate markets. CIM stated that hospitality remains a strategic focus through its real estate debt platform. Several of the financed properties also plan renovations and repositioning projects to improve competitiveness. Read more.
AHLA Pushes Back Against Airport Customs Proposal
The American Hotel & Lodging Association strongly criticized a proposed plan that could halt customs and immigration processing at airports in several major US cities. The organization warned that such a move would damage tourism, business travel, local economies, and hospitality workers across the country. Industry groups argue that major airports function as regional economic gateways rather than isolated city assets. Concerns are also growing ahead of large international events, including the 2026 FIFA World Cup, which is expected to increase inbound travel demand. Airlines and tourism leaders have also voiced opposition to the proposal. Read more.
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