Blackstone Closes Acquisition of Four Seasons Hotel San Francisco
Blackstone has closed its acquisition of the 277-room Four Seasons Hotel San Francisco. Plus, other hotel development news.
Four Seasons
Omni's $600M Hotel Project in New Orleans Approved
New Orleans' convention center has approved a new design for a $600 million headquarters hotel run by Omni. Plus, more hotel deal news.
Honolulu Hotel Site Sold in $510 Million Deal
The land under the iconic Royal Hawaiian Hotel in Waikiki has been sold for $510 million. Plus, more hotel deal and development news.
U.S. Travelers to Trim Holiday Trips, Says Deloitte Survey
Lodging stocks fall; Starwood modifies loan; Quadrum explores Arlo Hotels sale; and Holiday travelers plan to cut spending 18% and take fewer trips as financial concerns rise, Deloitte survey finds, including high-income Americans.
Marriott to Bring City Express Brand to Asia Pacific
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.
U.S. Outbound Travel Rises While Inbound Visitors Decrease
The total non-U.S. resident international visitor volume to the U.S. of 6,275,257 decreased 8.9% compared to July. Plus, hotel deal and development news.
New York City May Get Nine-Story Hotel
Artifact filed plans for a nine-story, 40-key hotel at 23-27 Allen Street in Manhattan. Last year, only one hotel opened in New York City.
San Francisco's Hotels Finally Rebound
Hotel occupancy may reach 65.2% in 2025, up 3.7% from last year, with 34 large-scale events booked for the year.
Service Properties Trust's Selling Spree
Service Properties Trust sold three hotels with a total of 413 keys located in three states for a combined sales price of $26.5 million.
Canada’s Hotel Industry Is Booming
Canada’s hotel RevPAR exceeded C$200 for the first time on record in August, with ADR up 6.1%. Plus, other hotel deal and development news.