Grand Metropolitan Hotels Acquires Signature Hotels
Grand Metropolitan Hotels acquired Signature Hotels to strengthen its position in the UK, India, and elsewhere. Plus other hotel deal and development news.
2025 Archives
Wyndham Opens First Trademark Collection Hotel in Singapore
Wyndham announced the opening of Hotel Traveltine Downtown Singapore, Trademark Collection. Plus more of Hotel deal and development news.
Marriott Begins Integrating CitizenM Hotels
Marriott closed its acquisition of CitizenM in only three months and will complete the integration in about a month's time, both much faster than the industry average. Plus more hotel news.
Accor's Asia Pipeline Reaches Over 230 Hotels
Accor said its strategic growth in Asia continues with a diverse pipeline of more than 230 hotels representing close to 60,000 keys in development. Plus more hotel deal news.
New York City Hotel Is Sold for $125 Million
Dan Hotels expands into the U.S. market by acquiring New York’s NoMo SoHohotel for $125 million from Sapir Corporation, which has filed for insolvency.
ITC Hotels Launches Epiq Collection Brand
ITC Hotels announced the launch of its new premium brand, Epiq Collection. Plus more hotel deal and development news.
Sotherly Hotels to Be Sold for $425 Million
Sotherly Hotels has been acquired in a deal involving affiliates of Apollo and Ascendant, providing debt financing commitments of $350 million to the joint venture. Plus more hotel news.
Branded Hotel Supply to Double In Northeast India by 2030
HVS Anarock issued a report on Northeast India, saying the region is poised for significant hospitality growth. Plus more hotel deal and development news.
Accor Misses Estimates But Upgrades Profit Guidance
Accor's 3Q earnings report included an upgrade to its core profit guidance. Plus more hotel deal and development news.
Hilton Expects 4Q RevPAR to Be Positive
Hilton expects fourth-quarter RevPAR to be in positive territory due to the stronger group travel, easier comps, and holiday shifts. Plus more hotel news.