Virgin Hotels Chicago Sold, Brooklyn's Hotel Indigo Sold
Virgin Hotels has sold its 250-room hotel in Chicago to a firm specializing in converting properties into timeshare investments. Plus more hotel deals and development news.
Chicago
Hilton Reaches 500 Open Hotels in Florida
Hilton surpasses 500 open hotels across Florida. Minor Hotels debuts four brands. A couple of dual-brand hotels open. And more hotel development news.
Many Would-Be Hotel Buyers Are in a Wait-and-See Mode
The latest CBRE U.S. Hotels State of the Union report reveals a modest recovery in hotel performance, plus more hotel development news from Peachtree and other leaders.
Mixed Findings From the U.S. Hotels State of the Union Report
CBRE's April 2025 report shows short-term rentals gaining market share as Google travel searches decline, suggesting potential slowdown in 2025 travel demand.
Marriott Reaches Deal to Buy CitizenM
Marriott International acquires lifestyle brand citizenM for $355 million, adding 36 hotels with 8,544 rooms to its portfolio.
Wanda Hotel Management Gets New Owners
Hospitality industry faces challenges amid cautious analyst forecasts. Dreamscape Hospitality celebrates growth with 40 properties in the pipeline.
Truist Sees Some Price Softening at Hotels
Truist analysts said the hotel companies weren’t admitting it, but demand trends had been decelerating before the tariff shock.
Lodging Stocks Rebound After President Trump Pulls Back on Tariffs
Hotel industry sees major market gains as Trump reduces tariffs, while various properties announce openings, renovations, and rebranding.
Companies Assess Their Strength in Possible Downturn
The sell-off in stocks accelerated Friday after a failed attempt in the morning for a rebound: All three indexes fell.
U.S. Lodging REITs Hit 52-Week Lows as Markets Face Uncertainty
Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.