6 Hilton-Branded Hotels Sold for $92 Million
Skift Take
Chatham Lodging Trust is acquiring six Hilton-branded hotels in Missouri, Illinois, and Kentucky. Plus, more hotel deal and development news.
The DJIA was up 238 points, the Nasdaq was up 291, the S&P 500 was up 53 points, and the 10-year treasury yield was up .02 to 4.08%. Lodging stocks were higher, with the big winner today being CLDT, up 9%. BHR was up 5% on the day.
STR reported U.S. lodging data for the week ended 2/28. With winter weather causing issues and a tough Mardi Gras comparison, U.S. hotel RevPAR was down 0.2% year over year. Occupancy was flat. Group RevPAR was down 90 basis points.
The themes emerging across Canada are clear: demand for quality assets remains deep, capital, both from equity and debt, is available, and investors are increasingly strategic in where - and how - they deploy it, according to Colliers 2026 Canadian Hotel Investment Report. Liquidity across hotel equity markets remains ample entering 2026, though capital is increasingly patient and selective. With limited new supply in many Canadian markets, investor fo