Two Large San Francisco Hotels Could Be Sold Soon
The 1,921-room Hilton Union Square, the city’s largest hotel, and the 1,024-room Parc 55 are expected to be sold to an unidentified buyer. Plus more hotel and development news.
Aimbridge Hospitality
Choice Hotels Meets Second Quarter Expectations
International expansion is gaining ground at Choice, with full control in Canada and rising overseas openings. Plus more hotel deals and development news.
Hilton Grand Vacations Reports an In-Line Quarter
Hilton Grand Vacations reported a relatively in-line quarter for vacation ownership. Plus, hotel deals and development news.
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.
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.
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%.
Marriott Opens Its First-Ever StudioRes Hotel
Marriott opened its first StudioRes hotel in Fort Myers, marking the company's entry into midscale extended stay lodging.
Hilton’s Luxury and Lifestyle Brands Open Their 1,000th Hotel
Hilton reached 1,000 luxury and lifestyle hotels globally with recent openings in Paris, Cape Town, Dallas, Osaka, and Costa Rica, planning 150-plus more in 2025.
Everhome Suites Expands U.S. Footprint
Hotel sector busy with Ryman acquiring JW Marriott Desert Ridge and Choice Hotels opening six Everhome Suites.