Service Properties Trust's Selling Spree
Service Properties Trust sold three hotels with a total of 413 keys located in three states for a combined sales price of $26.5 million.
Connecticut
Canada’s Hotel Industry Is Booming
Canada’s hotel RevPAR exceeded C$200 for the first time on record in August, with ADR up 6.1%. Plus, other hotel deal and development news.
Taj May Lose New York's Pierre Hotel in $2 Billion Sale
Sultan of Brunei reportedly bids $2 billion for Pierre Hotel, threatening IHCL's Taj brand management contract. Plus other hotel deal and development news.
Hilton Tops 200 Hotels in Canada
Hilton surpassed 200 hotels in Canada with its most recent openings. Plus more hotel deal and development news.
Hawaii's Hotels See Some Declines in 2025 Performance
The latest in hotel deal and development news.
Canada's Hotels Hit Highest Occupancy Levels Since 2019
Canada’s hotel industry reported its highest occupancy level since August 2019. Worldwide, RevPAR remains near all-time highs despite moderating growth rates. Plus more hotel deal news.
Marriott Lowers Full-Year Outlook
Marriott International beat second-quarter expectations but did what most of the others have not been doing: lowered the 2025 RevPAR outlook. Plus more hotel deals and development news.
Accor Adds Its First Las Vegas Resort
Hilton and Travel + Leisure kicked off the industry’s earnings season.
Hilton’s Luxury and Lifestyle Brands Open Their 1,000th Hotel
Hilton reached 1,000 luxury and lifestyle hotels globally with recent openings in Paris, Cape Town, Dallas, Osaka, and Costa Rica, planning 150-plus more in 2025.
Hyatt Launches Unscripted While IHG Doubles Conversion Signings
Hyatt launches new Unscripted brand with 40 hotels in talks. IHG sees total global conversion signings nearly doubling between 2023 and 2024.