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.
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.
In Coronado, California, the Hotel del Coronado announced the completion of the revitalization of its iconic Victorian building, the final milestone in Blackstone Real Estate's more than $550 million restoration plan to enhance the hotel.