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.
Overseas visitor volume to the U.S. in April was up modestly year-over-year. Plus, LVMH sells its only U.S. hotel, and a lot of other hotel development news.
Neil Jacobs is stepping down as CEO of Six Senses. After 13 years in the role, he is setting out on a new adventure. Plus, APAC hotel development news.