Park Hotels and Resorts Inc.

The Gold Spike hotel and nightlife complex in Las Vegas has changed hands. Plus, more hotel deal and development news.

Alchemy announced the sale of the La Quinta Inn & Suites by Wyndham Downtown Chicago, a 230-room hotel in Chicago's Loop. Plus, more hotel deal and development news.

Meanwhile, Truist forecasts mid and upper-end U.S. hotel RevPAR growth of 2% to 4%, above Wall Street consensus, while upgrading Airbnb. Plus, more hotel deal and development news.

A 43-day U.S. government shutdown cut business travel in 4Q25 while global leisure revenue grew and Hilton laid out big plans for Brazil. Plus, hotel deal and development news.

Gencom acquired the 253-key Ritz-Carlton Central Park South for roughly $320M. Plus, more hotel deal and development news.

The global hotel construction pipeline hit an all-time high of 15,922 projects, led by the U.S. with 6,146 projects. Plus more hotel deal news.

The Armani Group announced a new joint venture to develop more Armani hotels. Plus, other hotel development news.

Jefferies says World Cup should offset cost inflation and geopolitical issues, predicting modest RevPAR growth and solid earnings in 2026. Plus more hotel deal and development news.

The investment research firm Truist sees better RevPAR growth than the Street does on average. Plus, more hotel development news.

Hilton removed a Minnesota Hampton Inn from its system after videos showed the franchise refusing bookings from DHS and ICE agents. Plus, hotel deal and development news.