16-Hotel Extended Stay America Portfolio Is Sold
Affiliates of Lodging Advisory Group sold a 16-hotel, 1,775-room, five-stay Extended Stay America portfolio. Plus, more hotel deal and development news.
HHM Hospitality
The U.S. Sells Waldorf Astoria in Washington, D.C., for $80 Million
The federal government sold Washington, D.C.,'s former Old Post Office building, now a Waldorf Astoria hotel, to BDT & MSD Partners. Plus, more hotel deal and development news.
Jefferies Says Marriott, Hilton, Wyndham Are Best Positioned in Current Hotel Environment
Jefferies described its NYU/NAREIT meetings as being among the most constructive in recent memory. Plus, other hotel deal and development news.
Hotel Transaction Market Finally Showing 'Actual Signs of Thawing,' Truist Says
Some takeaways from Truist include that the hotel transaction market is finally showing actual signs of thawing, instead of being talked about. Plus, more hotel deal and development news.
Hyatt Expands Its Unbound Collection Brand
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.
W New York Completes Final Chapter of Reopening
W New York - Union Square just opened a rooftop bar. Plus, more hotel deal and development news.
Queensgate Phases Out Generator Brand in U.S.
Queensgate, which ran Generator hotels in the U.S., is changing the branding. The Sheraton Atlantic City hotel will halve its 500 rooms for apartments despite casino industry objections to the conversion. Plus, more hotel deal and development news.
Kimpton Era Midtown New York Officially Opens
Kimpton Era Midtown New York has opened with 529 guestrooms. Plus, more hotel deal and development news.
New York City Will Get a New Kimpton Hotel
The Kimpton Era Midtown opens on soon in Manhattan in a 33-story tower with 529 guestrooms. Plus, more hotel development news.
IHG Reveals Its Latest Brand: Noted Collection
IHG launched its 21st brand, Noted Collection, while Hyatt's Thomas Pritzker resigned over ties to Jeffrey Epstein and Ghislaine Maxwell. Plus, deal and development news.