Calistoga Spa Hot Springs switches to Mews after 20–years on the same system
Why this matters
Hospitality has separated by chain scale and demand segment, with luxury and resort outperforming and select-service holding pricing power on a leaner cost base. New construction starts remain at multi-decade lows, which has supported in-place RevPAR and made conversions of soft-branded flags an increasingly active part of transaction velocity. For sponsors with operational expertise, the sector continues to offer one of the more compelling income-plus-appreciation profiles available across CRE.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed hospitality deal value tracked in September 2026: $940.1M across 8 reported transactions. All Hospitality coverage →
Computed from Real Estate Trail’s own tracked coverage
Calistoga Spa Hot Springs replaced a 20-year-old system with Mews PMS and RMS, achieving 50% online check-in adoption aided by on-site staff onboarding.
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