Marriott and Hyatt Expand Their Luxury Portfolios
Marriott and Hyatt revealed their luxury pipelines for 2026 at ILTM, plus more hotel development news.
North America
Blackstone Closes Acquisition of Four Seasons Hotel San Francisco
Blackstone has closed its acquisition of the 277-room Four Seasons Hotel San Francisco. Plus, other hotel development news.
Waterford and Maverick Groups Merge
Waterford Hotel Group and Maverick Hotels & Restaurants have merged in a strategic partnership. Together, they have 50 hotels. Plus, more hotel development stories.
Stamford Marriott Sells for Half Its 2018 Price
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.
Waldorf Astoria New York Officially Opens
The Waldorf Astoria New York has officially opened following an unprecedented restoration. Plus, more hotel deal and development news.
Truist Expresses Optimism About Travel in 2026
Favorable holiday shifts year-over-year, the World Cup, and 250th-anniversary tourism could all support hotel demand in 2026, says Truist. Plus, hotel deal news.
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.
Omni's $600M Hotel Project in New Orleans Approved
New Orleans' convention center has approved a new design for a $600 million headquarters hotel run by Omni. Plus, more hotel deal news.
Memphis Finalizes $22 Million Purchase of Sheraton Memphis Downtown
The City of Memphis closed on the $22 million deal to buy the Sheraton Hotel Downtown. Plus, more hotel deal and development news.
Brookfield Buys a Sheraton Convention Hotel in Phoenix
Brookfield Hotel Properties has bought the Sheraton Phoenix Downtown, a 1,003-room convention center hotel. Plus more hotel deal and development news.