Garner

JLL said long-term owners are holding onto trophy properties, creating a tight luxury hotel investment market in Thailand. Plus, more hotel deal and development news from APAC.

Loews will build a 500-room hotel at Pittsburgh's convention center as part of a $418 million project with state funding. Plus, more hotel deal and development news.

BofA Securities says the lodging sector beat Q1 earnings by about 5% on average, but high expectations muted investor reactions. 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.

Hyatt, Wyndham, and Choice Hotels reported earnings. Hyatt saw great strength in Europe thanks to the Olympics and in China, too. Wyndham become more optimistic about the year. Choice struggled. Plus, more hotel deal and development news.

The Ivory, an intimate 48-room boutique hideaway, is now open in the heart of Koreatown in Los Angeles. Plus, more hotel development news.

Dallas continues to lead all U.S. markets with 184 projects in its hotel construction pipeline at the close of the first quarter. Plus, more hotel deal news.

Hilton announced it will make eight new luxury and lifestyle brand debuts in new markets across Asia Pacific this year. Plus, more hotel deal and development news.

Canada's hotel industry reported a third consecutive month of year-over-year performance increases. Dolce by Wyndham is expanding its U.S. footprint with three new hotels. Plus, more hotel deal and development news.

Orlando World Center Marriott completed a renovation of its Grand Ballroom spanning more than 36,000 square feet of event space. Plus, more hotel deal and development news.