A JW Marriott Resort Sells for $835 Million
Sculptor is buying the JW Marriott Marco Island resort for $835 million, while the Goodtime Hotel faces foreclosure. Plus, more hotel deal and development news.
Alan Woinski
Alan is the founder of the Daily Lodging Report, now owned by Skift, and remains editor. He also founded the Gaming Industry Daily Report and Gaming Industry Weekly Report which remains under the ownership of Gaming USA Corporation, owned by Alan and his wife Kim. Alan and Kim recently moved from Bergen County, NJ to Southwest, Florida and are loving the SWFL lifestyle. Both Alan and Kim recently became grandparents for the first time to a beautiful baby girl.
Concord Hospitality Expands U.S. Portfolio
Concord Hospitality expands its U.S. portfolio with new hotel openings, and Sandals plans a $200 million rebuild of three Jamaica resorts. Bernstein analysts suggest Hyatt could attract a mega-merger bid as the Pritzker family loosens its voting control of the chain. Plus, more hotel deal and development news.
Hilton Announces Franchise Agreement with Yotel
Hilton established Select by Hilton with Yotel as its first franchise partner across 23 hotels in 10 countries under the brand. Plus, more hotel deal and development news.
Australia Hotel Markets See Growth Through 2030
Hilton Grand Vacations opened its first Kyoto resort as STR reported China hotel RevPAR rose 4.9% for the week ended March 14. Plus, more hotel deal and development news.
Queensgate Phases Out Generator Brand in U.S.
Queensgate, which ran Generator hotels in the U.S., is changing the branding. The Sheraton Atlantic City hotel will halve its 500 rooms for apartments despite casino industry objections to the conversion. Plus, more hotel deal and development news.
Hunter Conference Bullishness on Hotel Transactions
CBRE Hotels' Robert Webster called this the second best buying opportunity of his career, as the Hunter conference buzzed with transaction optimism. Plus, more hotel deal and development news.
IHG's Garner Brand Reaches 100 Open Properties
IHG's Garner brand hits 100 hotels globally while Wyndham's Trademark Collection tops 100 U.S. properties, as Fusion Hotel Group changes hands. Plus, more hotel deal and development news.
CoStar: World Cup RevPAR Gains Likely to Be Modest
IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.
Hilton, Marriott and IHG Sign Hotels Across Asia-Pacific
Hilton, Marriott and IHG sign hotels across Asia-Pacific, including Marriott's debut of The Luxury Collection in Cambodia and Laos. Plus, more hotel deal and development news.
Government Shutdown Cut Business Travel But Leisure Revenue Grew
A 43-day U.S. government shutdown cut business travel in 4Q25 while global leisure revenue grew and Hilton laid out big plans for Brazil. Plus, hotel deal and development news.