Chelsean New York Hotel Sold for $50 Million
Hyatt plans its first Regency-branded hotel in Tucson as Fairmont renovates 20% of its global portfolio. Plus, more hotel deal and development news.
Las Vegas
Las Vegas' Gold Spike Hotel Sells for $11.38 Million
The Gold Spike hotel and nightlife complex in Las Vegas has changed hands. Plus, more hotel deal and development news.
Braemar Plans to Trim Ashford Ties and Self-Manage as a REIT
Braemar plans to terminate its advisory agreement with Ashford and create its own REIT management team. Plus, hotel development news.
The U.S. Sells Waldorf Astoria in Washington, D.C., for $80 Million
The federal government sold Washington, D.C.,'s former Old Post Office building, now a Waldorf Astoria hotel, to BDT & MSD Partners. Plus, more hotel deal and development news.
CoStar: Luxury Travelers Show No Pushback on Higher Hotel Rates
CoStar expects demand growth to continue across all price points, with luxury outperforming and the high-end customer showing no pushback on higher ADRs. Plus, more hotel deal and development news.
Sixth Street Acquires a Park Hyatt in Colorado for $176 Million
Sixth Street has acquired the Park Hyatt Beaver Creek Resort & Spa, a 193-key resort in Colorado, for $176 million from Braemar Hotels & Resorts. Plus, more hotel development news.
Rosewood Plans Tokyo Entry
Rosewood Hotels & Resorts announced plans for Rosewood Tokyo, the brand’s first urban hotel in Japan. Plus, more hotel deal and development news from APAC.
A Stellar Quarter for Most Hotels
A strong first quarter for most hotel groups. AHLA released its FIFA World Cup hotel outlook as Marriott, Hilton, and Wyndham report solid early bookings despite concerns. Plus, more hotel deal and development news.
Marriott and Hilton Stocks Hit Record Highs
Invel Real Estate secured a EUR 65 million UniCredit facility to expand its Yellow Square hybrid-hotel brand across Italian cities. Plus, more hotel deal and development news.
Marriott Debuts Series by Marriott Brand in U.S.
Marriott launched Series by Marriott in the U.S. with a Santa Barbara conversion and signed 11 European hotel projects. Plus, more hotel deal and development news.