Service Properties Trust Sells Five Hotels for $47 Million
Service Properties Trust sold 5 hotels with a total of 679 keys located in four states for a combined price of $47 million. Plus, more hotel deal news.
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Brookfield Buys a Sheraton Convention Hotel in Phoenix
Brookfield Hotel Properties has bought the Sheraton Phoenix Downtown, a 1,003-room convention center hotel. Plus more hotel deal and development 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.
Hilton Hits 9,000 Hotels Globally
Hilton announced it has reached the milestone of 9,000 hotels globally, representing nearly three openings per day since reaching 8,000 hotels just over a year ago.
Magnuson Hotels Creators to Launch New Soft Brand
A soft brand for independent hoteliers, Mayfield, will launch from the creators of Magnuson Hotels. Plus more hotel deal and development news.
U.S. Hotels Face a Complex Landscape
Here's a roundup of hotel deal and development news and analysis for August 28th, 2025.