2025 Archives

Gencom has reacquired a majority interest in the 115-key The Ritz-Carlton Coconut Grove situated in Miami, Florida. Plus, more hotel deal and development news.

Blackstone said that it has entered into an agreement to acquire Australia's Hamilton Island. Plus, more hotel deal and development news.

Service Properties Trust sold five hotels for a combined sales price of $75.5 million. New World is selling the Rosewood London. And other hotel deal and development news.

Prism, the parent company of Oyo, has received shareholder approval to raise up to INR 66.5 billion (US$744 million) through a fresh issue of equity shares as part of its proposed initial public offering. Plus, other hotel news.

Peachtree Group announced the grand opening of Home2 Suites by Hilton in Ashburn, Virginia. Plus, more hotel deal and development news.

Marriott Bonvoy’s Luxury Collection opened The AMNIS, a Luxury Collection Hotel, Kaohsiung, in Taiwan. Plus, more hotel deal and development news.

Sonesta International said it had opened 45 hotels that expand the portfolio of private equity franchisee NPA. Plus, more hotel deal and development news.

City Express by Marriott has reached 100 signed agreements in the U.S. and Canada. Plus, more hotel deal and development news.

CoStar/STR reported the Ashes Tour boosted hotel performance in Perth and Brisbane, while forward booking levels are peaking above 95% in Adelaide. Plus, more hotel deal and development news.

Service Properties Trust sold 5 hotels with a total of 679 keys located in four states for a combined price of $47 million. Plus, more hotel deal news.