Capella Hotel Group, in partnership with Verso Projects, announced the upcoming launch of Capella Residences Brisbane in 2029. Plus, more hotel deal and development news from APAC.
JLL said long-term owners are holding onto trophy properties, creating a tight luxury hotel investment market in Thailand. Plus, more hotel deal and development news from APAC.
Ashford Hospitality Trust said it sold four hotels and agreed to sell two others, projecting more than $60 million in future capital expenditure savings. Plus, hotel 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.
APA Group's goal is to double its overseas hotel room count to 10,000 and increase revenue by more than 30% by fiscal year 2030. Plus, more hotel deal and development news from APAC.
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.
Truist raised its already industry-high forecasts for mid and upper-end U.S. hotel RevPAR growth. A voco opened in California. Plus, more hotel deal and development news.
IHG and Adani Airport Holdings sign a portfolio agreement to develop five hotels in India, including the country's first Kimpton in Jaipur. Plus, more hotel deal and development news from APAC.
Loews will build a 500-room hotel at Pittsburgh's convention center as part of a $418 million project with state funding. Plus, more hotel deal and development news.