Hotel Opens in London with 1,000 Sleeping Capsules
Zedwell has opened in Piccadilly in London with nearly 1,000 individual sleeping capsules spread over five floors. Plus, more hotel news.
North America
Meliá Lands Contract to Manage Lionel Messi’s Hotel Brand
The George at Columbia, Tapestry Collection by Hilton is now open in Harlem. Plus, news from Rosewood, Melia, and other hotel companies.
Magna-Managed Fund Sells Four Hotels for Nearly $500 Million
A fund managed by Magna Hospitality has sold a portfolio of four hotels for a total of $489.8 million. Plus, more hotel deal news.
Sonesta Unveils Extended-Stay Brand Extension
Sonesta announced the debut of Americas Best Value Studios by Sonesta, an extended stay extension of Sonesta’s most franchised brand, Americas Best Value Inn. Plus, more hotel deal news.
U.S. Outbound Travel Rises While Inbound Visitors Decrease
The total non-U.S. resident international visitor volume to the U.S. of 6,275,257 decreased 8.9% compared to July. Plus, hotel deal and development news.
U.S. RevPAR Trends Weaker Than Expected
Baird and Barclays said they expect a downbeat 3Q earnings season with disappointing RevPAR. Plus, deal and development news.
Service Properties Trust Continues to Trim Hotel Portfolio
Service Properties Trust sold ten hotels with a total of 1,525 keys located for $71 million. Plus, other deal news.
Hilton Hits 9,000 Hotels Globally
Hilton announced it has reached the milestone of 9,000 hotels globally, representing nearly three openings per day since reaching 8,000 hotels just over a year ago.
New York City May Get Nine-Story Hotel
Artifact filed plans for a nine-story, 40-key hotel at 23-27 Allen Street in Manhattan. Last year, only one hotel opened in New York City.
Bally’s Plans 3,000-Room Resort Around New Las Vegas Ballpark
Bally’s Las Vegas will be built in phases, eventually featuring 3,000 hotel rooms. Plus, more hotel deal and development news.