California

CoStar reported U.S. lodging data for the week ending 1/31, with RevPAR down 4%. Plus, more hotel deal and development news.

U.S. hotel deals and development stay active, with projects like a $100M World of Blue redevelopment near MetLife Stadium ahead of the FIFA World Cup.

Hotel industry profit per room remains at 90% of 2019 levels despite rising guest spending, due to increased operating costs and wages.

Dallas leads U.S. hotel construction with 193 projects, while Ghoman Hotels plans a $185M JW Marriott conversion in downtown Louisville.

Hotel Equities will manage 13 TAJ Hospitality hotels in Lubbock, Texas, expanding its Texas portfolio to 29 properties across the state. Plus, more hotel deal and development news.

The investment research firm Truist sees better RevPAR growth than the Street does on average. Plus, more hotel development news.

MCR informed partners it can't deliver its $200M equity commitment by the expected closing date for Soho House's take-private deal. Plus, more hotel deal and developmen news.

Marriott International opened two Longer Stays hotels in Florida, while Hyatt Centric Delfina Santa Monica completed a $16 million renovation. Plus, more hotel development news.

Hilton removed a Minnesota Hampton Inn from its system after videos showed the franchise refusing bookings from DHS and ICE agents. Plus, hotel deal and development news.

City Express by Marriott has reached 100 signed agreements in the U.S. and Canada. Plus, more hotel deal and development news.