Westin Hotels & Resorts

Indonesia’s state investment agency has launched a plan to consolidate state-owned enterprise hotels under InJourney. Plus, more hotel deal and development news from APAC.

A Ritz-Carlton, Westin, and JW Marriott are among the properties Marriott plans to open in Nepal. Plus, more hotel deal and development news from APAC.

Hilton announced the launch of Undergraduate by Hilton, a new upper-midscale brand developed to serve a broader range of college and university markets. Plus, more hotel deal and development news.

Portman acquired the Westin Peachtree Plaza from Marriott and plans a renovation before the 2028 Super Bowl in Atlanta. Plus, more hotel deal and development news.

BofA Securities says the lodging sector beat Q1 earnings by about 5% on average, but high expectations muted investor reactions. Plus, more hotel deal and development news.

A strong first quarter for most hotel groups. AHLA released its FIFA World Cup hotel outlook as Marriott, Hilton, and Wyndham report solid early bookings despite concerns. Plus, more hotel deal and development news.

Hyatt, Wyndham, and Choice Hotels reported earnings. Hyatt saw great strength in Europe thanks to the Olympics and in China, too. Wyndham become more optimistic about the year. Choice struggled. Plus, more hotel deal and development news.

The Kimpton Ashbel New York-Park Avenue is now open at 70 Park Avenue in Midtown Manhattan. Plus, more hotel deal and development news.

Hyatt will be bringing its new Wink Unscripted brand to Hanoi. 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.