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Hyatt to open Miraval Red Sea in Q1 2026, expand Park Hyatt to five locations, and rebrand Andaz Mayakoba as Alila in Feb 2026. Plus, more hotel development news.

The 508-room Marriott in Stamford, Connecticut, was purchased for $15 million, less than the $31 million when it last traded in 2018. Plus, more hotel deal news.

Newbond Holdings and Conversant Capital have closed on the purchase of the Parc 55 and Hilton San Francisco Union Square for $408 million. Plus, more hotel deal news.

Marriott does not agree with the characterizations expressed in a Sonder press release, after Sonder's financial collapse. Plus, hotel deal and development news.

For the full year, Choice cut its projection for U.S. RevPAR to decline by between -2% and -3%, worse than a previous range of between 0% and -3%. Plus, more hotel deal and development news.

The 124-room ECHO Suites Extended Stay by Wyndham opened in Conyers, Georgia, the brand's 14th property. Plus, more hotel deal and development news.

Marriott closed its acquisition of CitizenM in only three months and will complete the integration in about a month's time, both much faster than the industry average. Plus more hotel news.

Melia Hotels International has partnered with Urban Network Capital Group to launch its first U.S. branded residences in Miami. Plus, more hotel deal and development news.

Zedwell has opened in Piccadilly in London with nearly 1,000 individual sleeping capsules spread over five floors. Plus, more hotel news.

A fund managed by Magna Hospitality has sold a portfolio of four hotels for a total of $489.8 million. Plus, more hotel deal news.