Issues

Kam Sang bought Edition Clocktower for $250 million while Cain acquired Dominick Hotel for $175 million in separate Manhattan deals. Plus, more hotel deal and development news.

Horwath HTL reported New Zealand hotel market grew 10.7% in RevPAR in September, the highest since December 2023. Plus, more hotel deal and development news.

Kimpton and Extell announced Kimpton Era Midtown New York, a 33-story hotel with 529 rooms opening March 2026. Plus, more hotel deal and development news.

Radisson Hotel Group plans to open eight new hotels in Uttar Pradesh, including the 108-room Radisson Prayagraj. Plus, more hotel deal and development news.

U.S. hotel transaction volume dropped to $4.3 billion in Q3, according to CoStar, with over half of deals under $10 million. Plus, more hotel deal and development news.

Events like Formula 1 and the Milken Institute’s Asia Summit push Singapore luxury hotel occupancies to 88% after sluggish first half. Plus, more hotel deal and development news.

Zedwell has opened in Piccadilly in London with nearly 1,000 individual sleeping capsules spread over five floors. Plus, more hotel news.

The George at Columbia, Tapestry Collection by Hilton is now open in Harlem. Plus, news from Rosewood, Melia, and other hotel companies.

IHG Hotels & Resorts has opened Holiday Inn & Suites Sapporo Odori Park in Japan. Plus, other hotel news items.

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.

Hilton announced multiple property agreements across Vietnam with existing partners Sun Group. Plus, other hotel deal news.

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.