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.
City Development wants to triple in size, rising to 500 properties, mostly under the Millennium brand of hotels and resorts. Plus, more deals and development news.
The travel & tourism sector witnessed a notable decline in deal activity in the first half of 2025, down 8% year over year. Plus, hotel deal and development news.
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.
Marriott signed agreements for hotels in: Detroit, Michigan; Muskoka, Canada; Gulf of Papagayo, Guanacaste, Costa Rica; and Jeddah, Saudi Arabia; bringing the Marriott Branded Residences total open and pipeline portfolio to around 300 projects.
The U.S. lodging sector in 2025 is expected to see muted growth with a modest RevPAR increase of 1.5%, driven by higher ADR but constrained by stable occupancy and macroeconomic pressures.
Asia's largest Hard Rock Hotel will open in 2027 at Genting Highlands' King's Park, featuring 1,001 rooms and various amenities as part of a larger entertainment and business district project.