Vignette Collection

Lotte Hotels & Resorts is moving away from direct ownership of overseas hotels in favor of management contracts. Plus, more hotel deal and development news from APAC.

Pebblebrook Hotel Trust completed the sale of the 115-room Chamberlain West Hollywood Hotel in Los Angeles. Plus, more hotel deal and development news.

Truist raised its already industry-high forecasts for mid and upper-end U.S. hotel RevPAR growth. A voco opened in California. Plus, more hotel deal and development news.

JLL brokers a hotel sale. Analysts debate whether Choice Hotels CEO Patrick Pacious was pushed out, as Airbnb adds boutique hotels to its platform. Plus, more hotel deal and development news.

India leads the APEC construction pipeline with 940 projects/124,011 rooms. Plus, more hotel deal and development news from APAC.

Marriott International announced the signing of a multi-property agreement with Masterise Group to develop four hotels in Vietnam. Plus, more hotel development news.

Marriott adds hotels in Japan, Thailand, and Malaysia. Plus more hotel development news.

The 508-room Marriott in Stamford, Connecticut, was purchased for $15 million, less than the $31 million when it last traded in 2018. Plus, more hotel deal news.

ITC Hotels announced the launch of its new premium brand, Epiq Collection. Plus more hotel deal and development news.

Bally’s Las Vegas will be built in phases, eventually featuring 3,000 hotel rooms. Plus, more hotel deal and development news.