Aimbridge Hospitality

Portman closed on $540 million in financing to build a 700-room Marriott in downtown Cincinnati. Plus, other hotel development news.

Hilton announced the launch of Undergraduate by Hilton, a new upper-midscale brand developed to serve a broader range of college and university markets. Plus, more hotel deal and development news.

JLL brokers a hotel sale. Analysts debate whether Choice Hotels CEO Patrick Pacious was pushed out, as Airbnb adds boutique hotels to its platform. Plus, more hotel deal and development news.

A strong first quarter for most hotel groups. AHLA released its FIFA World Cup hotel outlook as Marriott, Hilton, and Wyndham report solid early bookings despite concerns. Plus, more hotel deal and development news.

Dallas continues to lead all U.S. markets with 184 projects in its hotel construction pipeline at the close of the first quarter. Plus, more hotel deal news.

Choice Hotels has embedded AI across the full hospitality value chain with help from Amazon Web Services. Plus, hotel deal and development news.

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.

Chatham Lodging Trust is acquiring six Hilton-branded hotels in Missouri, Illinois, and Kentucky. Plus, more hotel deal and development news.

Gencom has bought the 253-key Ritz-Carlton New York, Central Park, the company's third hotel acquisition in the city in recent years.

ALIS conference sentiment was cautiously optimistic ahead of World Cup, with JP Morgan noting lack of conviction despite positive tone.