U.S. Hotel Transaction Volume Hit $24 Billion in 2025
U.S. hotel deals and development stay active, with projects like a $100M World of Blue redevelopment near MetLife Stadium ahead of the FIFA World Cup.
Kempinski Hotels
Memphis Finalizes $22 Million Purchase of Sheraton Memphis Downtown
The City of Memphis closed on the $22 million deal to buy the Sheraton Hotel Downtown. Plus, more hotel deal and development news.
China Warns Citizens Against Japan Travel
China tells its citizens that Japan is unsafe to visit. Plus, hotel deal and development news from Asia Pacific.
Grand Metropolitan Hotels Acquires Signature Hotels
Grand Metropolitan Hotels acquired Signature Hotels to strengthen its position in the UK, India, and elsewhere. Plus other hotel deal and development news.
Hilton Expects 4Q RevPAR to Be Positive
Hilton expects fourth-quarter RevPAR to be in positive territory due to the stronger group travel, easier comps, and holiday shifts. Plus more hotel news.
Melia Announces Plans for First Branded Residences in the U.S.
Melia Hotels International has partnered with Urban Network Capital Group to launch its first U.S. branded residences in Miami. Plus, more hotel deal and development news.
Hotel REITs See Softer U.S. RevPARs
Marriott plans a dual-branded AC Hotel and Moxy Hotel in Dallas, while other hotel companies announce global openings and renovations.
Kempinski and BTG Hotels Launch Partnership Growth Plan in China
Kempinski launched a multi-year investment plan to support the growth of the partnership with BTG focusing on expanding in China.
SH Hotels Officially Rebrands as Starwood Hotels
SH Hotels & Resorts is rebranding as Starwood Hotels, reviving the iconic name founded by Barry Sternlicht.
Canada's Average Daily Rates Go Up in January
In January, Toronto hotels charged slightly more than Vancouver’s amid rising rates and lower occupancy nationwide, with Edmonton notably lagging behind.