Hyatt marks 10 years of Unbound Collection with four new properties, while DoveHill acquires the Mayflower Inn & Spa in Connecticut. Plus, more hotel deal news.
Accor agreed to sell its stake in Essendi, formerly AccorInvest, to a Blackstone-led consortium for up to 975 million euros. Plus, more hotel deal and development news.
Japan's Seibu Holdings will buy Ace Group International for $90M, acquiring the Ace Hotel brand and creative agency Atelier Ace. Plus more hotel deal and development news items.
The latest CBRE U.S. Hotels State of the Union report reveals a modest recovery in hotel performance, plus more hotel development news from Peachtree and other leaders.
In Coronado, California, the Hotel del Coronado announced the completion of the revitalization of its iconic Victorian building, the final milestone in Blackstone Real Estate's more than $550 million restoration plan to enhance the hotel.
Amid mixed hotel sector performance, Hilton beat earnings while trimming 2025 guidance as hospitality firms expand with new properties across the US and globally.