HREC Investment Advisors

Hyatt plans its first Regency-branded hotel in Tucson as Fairmont renovates 20% of its global portfolio. Plus, more hotel deal and development news.

Scheduled to open in late 2027, W Apartments Cleveland will let renters sign as tenants of units at the Erieview Tower. Plus, more hotel deal and development news.

Sunstone Hotel Investors agreed to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for $279 million. Plus, more hotel deal news.

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.

Braemar plans to terminate its advisory agreement with Ashford and create its own REIT management team. Plus, hotel development news.

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.

Marriott International has formally entered into a joint venture with the Leali family, founders of Lefay. Plus, more hotel deal and development news.

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.

Hilton announced the launch of Undergraduate by Hilton, a new upper-midscale brand developed to serve a broader range of college and university markets. Plus, more hotel deal and development news.

Invel Real Estate secured a EUR 65 million UniCredit facility to expand its Yellow Square hybrid-hotel brand across Italian cities. Plus, more hotel deal and development news.