City Express

Some takeaways from Truist include that the hotel transaction market is finally showing actual signs of thawing, instead of being talked about. Plus, more hotel deal and development news.

City Express by Marriott announced the brand’s debut in the Asia Pacific region by way of Japan. Plus, more hotel deal and development news from APAC.

Marriott achieved a record 94 signed deals in the region, an increase of 40% in signed transactions year-over-year. Plus, more hotel deal and development stories.

Houston hotels are investing $100M+ ahead of the World Cup, with bookings up 130% and rates up 300% for June-July. Plus, more hotel deal and development news.

City Express by Marriott has reached 100 signed agreements in the U.S. and Canada. Plus, more hotel deal and development news.

Banyan Group will soon hold the opening of its 100th hotel. Marriott is entering Laos. Plus, more hotel deal and development news.

Marriott International will introduce its City Express by Marriott brand to the Asia Pacific region, with the first hotels in Japan next year. Plus more hotel deal news.

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.

Marriott International acquires lifestyle brand citizenM for $355 million, adding 36 hotels with 8,544 rooms to its portfolio.

The DJIA fell another 12 points, but Nasdaq rallied 151 while the S&P 500 rose 21 points, and the 10-year treasury yield was down .09 to 4.16%. Lodging stocks were mixed with relief finally from the…