Scheduled to open in late 2027, W Apartments Cleveland will let renters sign as tenants of units at the Erieview Tower. Plus, more hotel deal and development news.
Affiliates of Lodging Advisory Group sold a 16-hotel, 1,775-room, five-stay Extended Stay America portfolio. Plus, more hotel deal and development news.
CoStar expects demand growth to continue across all price points, with luxury outperforming and the high-end customer showing no pushback on higher ADRs. Plus, more hotel deal and development news.
Colliers expects the overall US lodging demand to grow at 1.3%, mostly on pricing power rather than occupancy. Plus, other hotel deal and development news.
Hyatt marks 10 years of Unbound Collection with four new properties, while DoveHill acquires the Mayflower Inn & Spa in Connecticut. Plus, more hotel deal news.
Service Properties Trust priced a $500 million public offering while Blackstone acquired Stanly Ranch through foreclosure. Plus, more hotel deal and development news.