The Ascott Limited announced its Citadines hotels portfolio has surpassed 200 hotels with plans to open another 20 under the upper-midscale brand by the end of 2026. The launches include Citadines on the Pier Hobart in Australia, Citadines…
Japan's Seibu Holdings will acquire NY-based Ace Group International for $90M, gaining 8-hotel portfolio including NYC, Kyoto, Brooklyn, Athens locations plus creative agency Atelier Ace. Plus more hotel deal and development news items.
Hotels across the U.S. are preparing for a potential drop in international visitors as a new $250 visa integrity fee is set to take effect on October 1, 2025. Plus more hotel deal and development news items.
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Plus more deal and development news.
Hotel Equities has made a series of executive appointments across its operations, finance, and marketing teams. Plus, other hotel deal and development news.
International expansion is gaining ground at Choice, with full control in Canada and rising overseas openings. Plus more hotel deals and development news.