Sculptor is buying the JW Marriott Marco Island resort for $835 million, while the Goodtime Hotel faces foreclosure. Plus, more hotel deal and development news.
Queensgate, which ran Generator hotels in the U.S., is changing the branding. The Sheraton Atlantic City hotel will halve its 500 rooms for apartments despite casino industry objections to the conversion. Plus, more hotel deal and development news.
IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.
Hilton, Marriott and IHG sign hotels across Asia-Pacific, including Marriott's debut of The Luxury Collection in Cambodia and Laos. Plus, more hotel deal and development news.
Minor Hotels is to launch its first ever The Wolseley Hotels property in New York in 2027, with Dubai earmarked for its second location. Plus, more hotel development news.
Marriott achieved a record 94 signed deals in the region, an increase of 40% in signed transactions year-over-year. Plus, more hotel deal and development stories.