Gencom Buys Back Majority Stake in Coconut Grove Ritz-Carlton
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.
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.
Blackstone Agrees to Acquire Hamilton Island in Queensland
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 Sells 5 Hotels for $75.5 Million
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.
Oyo's Parent Company Approves IPO
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.
San Francisco Hotels Expect Super Bowl Boost
Peachtree Group announced the grand opening of Home2 Suites by Hilton in Ashburn, Virginia. Plus, more hotel deal and development news.
Marriott Opens 200th Property in India
Marriott Bonvoy’s Luxury Collection opened The AMNIS, a Luxury Collection Hotel, Kaohsiung, in Taiwan. Plus, more hotel deal and development news.
Sonesta Transitions 45 Hotels to NPA's Franchise Portfolio
Sonesta International said it had opened 45 hotels that expand the portfolio of private equity franchisee NPA. Plus, more hotel deal and development news.
Marriott Reaches 100 Signed Agreements for City Express by Marriott Properties
City Express by Marriott has reached 100 signed agreements in the U.S. and Canada. Plus, more hotel deal and development news.
Ashes Tour Drives Hotel Performance in Australia
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 Sells Five Hotels for $47 Million
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.