LARC Projects U.S. RevPAR and Average Daily Rates to Rise in 2026
LARC releases its U.S. forecasts. Plus, hotel deal and development news.
PPHE Hotel Group
Parc 55 and Hilton San Francisco Union Square Sell for $408 Million
Newbond Holdings and Conversant Capital have closed on the purchase of the Parc 55 and Hilton San Francisco Union Square for $408 million. Plus, more hotel deal news.
A&O to Invest €500 Million in Hostels
Europe hostel chain A&O is set to invest €500 million to aid its expansion across Europe. The company is seeking to expand its presence in European city centers.