Hyatt Expands Its Essentials Portfolio
Hyatt has signed more than 20 new Hyatt Select deals this year and 70 total hotel deals for the Hyatt Studios brand.
California
Park Hotels Sells 5 Properties for $198 Million
Park Hotels & Resorts sold five non-core properties for $198 million and exited three others on expiring ground leases this year. Plus more hotel deal news.
Loews Hotels Plans $410 Million Arlington Property
Loews Hotels will build a $410 million luxury hotel in Arlington, Texas, replacing the existing Sheraton Arlington Hotel by September 2026. Plus, more hotel development news.
$72 Million Sale of Westin Michigan Avenue Chicago Completed
Pebblebrook Hotel Trust has completed the sale of the 752-room Westin Michigan Avenue Chicago in Chicago, for $72 million. Plus, more hotel development news.
Marriott and Hyatt Expand Their Luxury Portfolios
Marriott and Hyatt revealed their luxury pipelines for 2026 at ILTM, plus more hotel development news.
Blackstone Closes Acquisition of Four Seasons Hotel San Francisco
Blackstone has closed its acquisition of the 277-room Four Seasons Hotel San Francisco. Plus, other hotel development news.
Waterford and Maverick Groups Merge
Waterford Hotel Group and Maverick Hotels & Restaurants have merged in a strategic partnership. Together, they have 50 hotels. Plus, more hotel development stories.
Stamford Marriott Sells for Half Its 2018 Price
The 508-room Marriott in Stamford, Connecticut, was purchased for $15 million, less than the $31 million when it last traded in 2018. Plus, more hotel deal news.
Parc 55 and Hilton San Francisco Union Square Sell for $408 Million
Newbond Holdings and Conversant Capital have closed on the purchase of the Parc 55 and Hilton San Francisco Union Square for $408 million. Plus, more hotel deal news.
Omni's $600M Hotel Project in New Orleans Approved
New Orleans' convention center has approved a new design for a $600 million headquarters hotel run by Omni. Plus, more hotel deal news.