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Wheelock Street may acquire the $458M Historic Cavalier resort in Virginia Beach, as Moon Palace opens 2,171 suites in Punta Cana. Plus, more hotel deal and development news.

It's Omni Hotels & Resorts' first brand-wide designer collab and Peter Millar's inaugural venture into hospitality. Plus, more hotel industry news.

The original soft brand, Ascend Collection from Choice Hotels has surpassed its 500th property milestone. Plus, more hotel deal and development news.

Accor agreed to sell its stake in Essendi, formerly AccorInvest, to a Blackstone-led consortium for up to 975 million euros. Plus, more hotel deal and development news.

Service Properties Trust sold 5 hotels with a total of 679 keys located in four states for a combined price of $47 million. Plus, more hotel deal news.

Lodging Analytics Research & Consulting (LARC) forecasts that 2025 U.S. Hotel EBITDA will decline 5.5% year-over-year and Hotel Values to decrease 4%. For 2026, it forecasts U.S. Hotel EBITA to decrease 1.1% and Hotel Values to decrease 3%.

Marriott International has completed its acquisition of the citizenM lifestyle brand, which includes 37 open hotels. Plus, other development news.

Barclays and STR forecast modest RevPAR growth of around 2% through 2025, with some softening due to GDP and mixed short-term performance.

After a week mostly spent on vacation, DLR returns with everything you need to know about the lodging industry before the next week starts.

Marriott Vacations exceeded first quarter 2024 expectations, with steady EBITDA performance and a large share buyback, despite underwhelming results in its core Vacation Ownership segment.