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Virgin Hotels has sold its 250-room hotel in Chicago to a firm specializing in converting properties into timeshare investments. Plus more hotel deals and development news.

Scandic Hotels will manage Dalata's hotels in the UK and Ireland, expanding the group outside of Scandinavia. And more hotel deal and development news.

CoStar said the volume of US hotel rooms under construction decreased year over year for a sixth consecutive month, down by almost 12%.

We have our first Filipino lodging stock trading in the U.S. as Hotel101, which went public via a merger with a SPAC.

Vingroup Corporation started construction of Lang Van resort at the foot of Hai Van pass (DaNang, Vietnam) with an investment capital reported at about $1.6 billion USD.

Hyatt Hotels Corporation announced the completed acquisition of Playa Hotels & Resorts, and more hotel development news.

J Street plans to convert Tower 180 in Downtown San Diego into a 560-key dual-branded Hyatt Place and Hyatt House hotel.

Hotel industry executives showed subdued optimism at NYU Conference amid macro uncertainty and flat transaction growth expectations.

Hyatt launches new Unscripted brand with 40 hotels in talks. IHG sees total global conversion signings nearly doubling between 2023 and 2024.

Fliggy forecasts strong Dragon Boat Festival travel rebound while Accor transforms Shanghai's Peace Hotel into Raffles.