Driftwood Hospitality Management

Houston has gotten a 17-story hotel under the Holiday Inn Express/Staybridge Suites brands. Plus, more hotel deal and development news.

The Kimpton Ashbel New York-Park Avenue is now open at 70 Park Avenue in Midtown Manhattan. Plus, more hotel deal and development news.

Southwest Value Partners is in talks to run an 800-room Signia by Hilton hotel in Nashville. Plus, more hotel deal and development news.

Hyatt sold its Playa Hotels portfolio to Tortuga Resorts for $2 billion, while Hilton expanded with new dual-brand properties in Puerto Rico. Plus, other hotel deal and development news.

Sonesta International said it had opened 45 hotels that expand the portfolio of private equity franchisee NPA. Plus, more hotel deal and development news.

Lotte announced it has acquired the site of the Lotte New York Palace hotel in Manhattan. Plus, more hotel deal and development news.

Hilton expects fourth-quarter RevPAR to be in positive territory due to the stronger group travel, easier comps, and holiday shifts. Plus more hotel news.

Wyndham says it now has more than 720 hotels now operating across Europe, the Middle East, Eurasia, and Africa. Plus more hotel deals and development news.

Hyatt sells $2B Playa resort portfolio to Tortuga, partly backed by private equity firm KSL. Plus: Goldman exits $100m Greek project.

Hotel industry news highlights Dolly Parton's Songteller Hotel opening in Nashville, plus property deals and executive changes at White Lodging.