Ritz-Carlton Central Park South Sold for $320 Million
Gencom acquired the 253-key Ritz-Carlton Central Park South for roughly $320M. Plus, more hotel deal and development news.
Florida
Global Hotel Construction Pipeline Reaches Record
The global hotel construction pipeline hit an all-time high of 15,922 projects, led by the U.S. with 6,146 projects. Plus more hotel deal news.
Boston Could Get a New 438-Room Hotel
DGH Hotel Partners JV plans a new 438-room hotel for Boston's Seaport District. Plus, more hotel deal and development news.
Hyatt Reports Higher RevPAR Than Marriott and Hilton
Hyatt Hotels reported strong demand in 2025, reaching over 63 million loyalty members and a record 148,000-room pipeline for the future. Plus, more hotel deal and development news.
Hilton Tops Expectations, Sees Improving Demand
Hilton's Q4 beat expectations with $757M in buybacks as the Mauna Kea Beach Hotel unveiled its $180M+ renovation in Hawaii Island. Plus, more hotel deal and development news.
World Cup Could Drive RevPar Growth
Marriott International kicked off the hotel company earnings season with a bang, igniting the entire group.
Ritz-Carlton Hotels in New York, D.C. Set for New Owners
Westbrook Partners is selling Ritz-Carlton hotels in New York and Washington, D.C. Plus more hotel deal and development news.
U.S. Winter Storms Hurt Hotel Performance
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 Transaction Volume Hit $24 Billion in 2025
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.
Hotels Face Profit Squeeze Despite Revenue Growth
Hotel industry profit per room remains at 90% of 2019 levels despite rising guest spending, due to increased operating costs and wages.