Issues

JLL said long-term owners are holding onto trophy properties, creating a tight luxury hotel investment market in Thailand. Plus, more hotel deal and development news from APAC.

Sunstone Hotel Investors agreed to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for $279 million. Plus, more hotel deal news.

IHG is growing voco and Crowne Plaza in Thailand and plans to introduce Ruby and Noted Collection. Plus, more hotel deal and development news from APAC.

The Gold Spike hotel and nightlife complex in Las Vegas has changed hands. Plus, more hotel deal and development news.

Silks Hotel Group, Leofoo Tourism Group, and FDC International Hotels Corp are each expanding through different business models. Plus, more hotel deal and development news from APAC.

Design Hotels will have 16 hotels operated by Palisociety join its portfolio. Plus, more hotel development news.

Hyatt’s latest opening in Hua Hin includes 98 rooms, a spa, and wellness-focused amenities. Plus, more hotel deal and development news from APAC.

Ashford Hospitality Trust said it sold four hotels and agreed to sell two others, projecting more than $60 million in future capital expenditure savings. Plus, hotel development news.

Thailand’s branded property sector has grown by 13.3% year-on-year to US$6.4 billion. Plus, more hotel deal and development news from APAC.

Alchemy announced the sale of the La Quinta Inn & Suites by Wyndham Downtown Chicago, a 230-room hotel in Chicago's Loop. Plus, more hotel deal and development news.

Hilton said the deals underscore confidence in Hilton Garden Inn - Gen A, a prototype built for the China market. Plus, more hotel deal and development news from APAC.

Affiliates of Lodging Advisory Group sold a 16-hotel, 1,775-room, five-stay Extended Stay America portfolio. Plus, more hotel deal and development news.