KSL Capital Partners

Blackstone Group agreed to buy the troubled Sunseeker Resort in Port Charlotte, Florida, for $200 million from Allegiant Travel Company. Plus more hotel development news.

Hyatt sells $2B Playa resort portfolio to Tortuga, partly backed by private equity firm KSL. Plus: Goldman exits $100m Greek project.

Small private equity firm KSL Capital Partners took a majority interest in sustainable luxury hotel brand Soneva.

Crestline Hotels & Resorts takes over management of the AC Hotel Seattle Downtown as lodging companies expand portfolios.

Global hotel industry shows mixed regional growth with new developments despite economic challenges in 2025.

Nautic Partners acquired Davidson Hospitality Group from KSL Capital Partners, with KSL remaining involved as a manager, marking Nautic's entry into hotel management ownership.

The majority of projects are concentrated in the upper midscale and upscale segments, which account for 69% of the projects and 65% of the rooms in the pipeline. This focus on mid-to-high-end properties suggests a market shift toward catering to more affluent travelers.

ECHO Suites Extended Stay by Wyndham opened its first location in Spartanburg, South Carolina, marking a milestone for the brand with a development pipeline of nearly 270 hotels.

Hyatt Hotels Corporation announced the addition of Maison Metier and The Barnett in New Orleans to their portfolio, both expected to join Hyatt's independent collections in 2024 under new branding and management by HRI Hospitality.

Kimpton Hotels & Restaurants is partnering with Coco Palms Resort to open a luxury resort in Kauai, Hawaii in 2026, featuring 350 accommodations, a coconut grove, spa, pools, and dining options.