Park Hotels & Resorts sold five non-core properties for $198 million and exited three others on expiring ground leases this year. Plus more hotel deal news.
Loews Hotels will build a $410 million luxury hotel in Arlington, Texas, replacing the existing Sheraton Arlington Hotel by September 2026. Plus, more hotel development news.
Hotel bookings from China dropped by by more than half the week after the Chinese government's advisory against visiting Japan. Plus, hotel development news.
Hyatt Place Butwal opened in western Nepal with 109 guestrooms, marking the third Hyatt-branded hotel in the country. Plus, more hotel deal and development news for APAC.
Favorable holiday shifts year-over-year, the World Cup, and 250th-anniversary tourism could all support hotel demand in 2026, says Truist. Plus, hotel deal news.
Newbond Holdings and Conversant Capital have closed on the purchase of the Parc 55 and Hilton San Francisco Union Square for $408 million. Plus, more hotel deal news.