Virgin Hotels Chicago Sold, Brooklyn's Hotel Indigo Sold
Virgin Hotels has sold its 250-room hotel in Chicago to a firm specializing in converting properties into timeshare investments. Plus more hotel deals 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.
Marriott Completes Its Acquisition of CitizenM
Marriott International has completed its acquisition of the citizenM lifestyle brand, which includes 37 open hotels. Plus, other development news.
Hilton Grand Vacations Reports an In-Line Quarter
Hilton Grand Vacations reported a relatively in-line quarter. Plus, more hotel deal and development news.
Accor Adds Its First Las Vegas Resort
Hilton and Travel + Leisure kicked off the industry’s earnings season.
Ace Hotel Brand Is Close to Being Sold
Bloomberg reported that Japan’s Seibu Holdings is close to signing a deal to acquire the eight-property Ace hotel brand. Will it sell for about $85 million? Read about that and other hotel development deals and news.
Timeshare Occupancy Rates Surged in 2024
Scandic Hotels will manage Dalata's hotels in the UK and Ireland, expanding the group outside of Scandinavia. And more hotel deal and development news.
U.S. Hotel Construction Volume Falls to 20-Quarter Low
CoStar said the volume of US hotel rooms under construction decreased year over year for a sixth consecutive month, down by almost 12%.
Hilton Reaches 500 Open Hotels in Florida
Hilton surpasses 500 open hotels across Florida. Minor Hotels debuts four brands. A couple of dual-brand hotels open. And more hotel development news.
U.S. Sees Year-Over-Year Visitor Increase
Overseas visitor volume to the U.S. in April was up modestly year-over-year. Plus, LVMH sells its only U.S. hotel, and a lot of other hotel development news.
Blackstone Agrees to Buy Allegiant's Sunseeker Resort
Blackstone Group agreed to buy the troubled Sunseeker Resort in Port Charlotte, Florida, for $200 million from Allegiant Travel Company. Plus more hotel development news.