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Scheduled to open in late 2027, W Apartments Cleveland will let renters sign as tenants of units at the Erieview Tower. Plus, more hotel deal and development news.

Some takeaways from Truist include that the hotel transaction market is finally showing actual signs of thawing, instead of being talked about. Plus, more hotel deal and development news.

New York City hotels agreed to an eight-year contract that will pay housekeepers $100,000 a year, eventually. Plus, hotel deal and development news.

JLL reported U.S. hotel deal volume grew 14.4% in Q1 to $5.6 billion, with private equity making up 34% of the buyer pool. Plus, more hotel deal and development news.

GlobalData and AHLA warn that U.S. airport delays are reducing hotel bookings in gateway cities. Plus, hotel deal news.

Queensgate, which ran Generator hotels in the U.S., is changing the branding. The Sheraton Atlantic City hotel will halve its 500 rooms for apartments despite casino industry objections to the conversion. Plus, more hotel deal and development news.

Highside secured a $500 million financing package from affiliates of Apollo to expand Everhome Suites from Choice Hotels. Plus more hotel deal and development news.

U.S. hotel RevPAR was down by -0.1% year over year in April. The Easter shift, geopolitical/tariff impact, were blamed for the sluggish month. Group RevPAR was down -2%.

Late last week, hotel REITs in the U.S. released an avalanche of earnings and investors were in a good mood again.

Crestline Hotels & Resorts takes over management of the AC Hotel Seattle Downtown as lodging companies expand portfolios.