2 Luxury New York City Hotels Are Sold
Kam Sang bought Edition Clocktower for $250 million while Cain acquired Dominick Hotel for $175 million in separate Manhattan deals. Plus, more hotel deal and development news.
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Kimpton Unveils the Name of Its Latest NYC Hotel
Kimpton and Extell announced Kimpton Era Midtown New York, a 33-story hotel with 529 rooms opening March 2026. Plus, more hotel deal and development news.
Hotel Opens in London with 1,000 Sleeping Capsules
Zedwell has opened in Piccadilly in London with nearly 1,000 individual sleeping capsules spread over five floors. Plus, more hotel news.
Service Properties Trust Continues to Trim Hotel Portfolio
Service Properties Trust sold ten hotels with a total of 1,525 keys located for $71 million. Plus, other deal news.
New York City May Get Nine-Story Hotel
Artifact filed plans for a nine-story, 40-key hotel at 23-27 Allen Street in Manhattan. Last year, only one hotel opened in New York City.
Bally’s Plans 3,000-Room Resort Around New Las Vegas Ballpark
Bally’s Las Vegas will be built in phases, eventually featuring 3,000 hotel rooms. Plus, more hotel deal and development news.
San Francisco's Hotels Finally Rebound
Hotel occupancy may reach 65.2% in 2025, up 3.7% from last year, with 34 large-scale events booked for the year.
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.
U.S. Hotels Saw Softer Performance in July
The U.S. hotel industry experienced a modest decline in performance during July 2025, as reported by CoStar. Plus more hotel deal and development news items.