Chelsean New York Hotel Sold for $50 Million
Hyatt plans its first Regency-branded hotel in Tucson as Fairmont renovates 20% of its global portfolio. Plus, more hotel deal and development news.
Kim Woinski
Kim is Vice President of Gaming USA Corporation, the previous owner of the Daily Lodging Report, now owned by Skift. Kim is the primary writer of the Daily Lodging Report – North America. Kim moved to Southwest Florida in July of 2020 and recently became a first time grandmother to baby Susie.
Fresno to Get $30 Million Courtyard by Marriott
Axis Hotel Group is preparing to open the Courtyard by Marriott Fresno Downtown by August. Plus, more hotel development news.
Chambers Hotel New York Reopens as Fully Independent Boutique Hotel
The Chambers Hotel New York in Midtown Manhattan has reopened as a fully independent boutique hotel after a brief period as a Sonder property. Plus, more hotel deal and development news.
New York Hotels Sees World Cup Rate Spike From Last-Minute Bookings
New York hotels see average daily rates rise 38% on World Cup match days. Marriott will exit W South Beach ahead of Reuben Brothers renovations. Plus, more hotel development news.
Portman Closes $540 Million in Financing for Cincinnati Downtown Marriott
Portman closed on $540 million in financing to build a 700-room Marriott in downtown Cincinnati. Plus, other hotel development news.
Marriott Enters the Rental Apartment Business
Scheduled to open in late 2027, W Apartments Cleveland will let renters sign as tenants of units at the Erieview Tower. Plus, more hotel deal and development news.
Hyatt Regency San Francisco Fetches $279 Million in Blackstone Deal
Sunstone Hotel Investors agreed to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for $279 million. Plus, more hotel deal news.
Las Vegas' Gold Spike Hotel Sells for $11.38 Million
The Gold Spike hotel and nightlife complex in Las Vegas has changed hands. Plus, more hotel deal and development news.
Design Hotels Reaches Agreement to Add 16 Palisociety Properties
Design Hotels will have 16 hotels operated by Palisociety join its portfolio. Plus, more hotel development news.
Ashford Hospitality Trust Sells Four Hotels for $252.5 Million
Ashford Hospitality Trust said it sold four hotels and agreed to sell two others, projecting more than $60 million in future capital expenditure savings. Plus, hotel development news.