Sonesta announced the debut of Americas Best Value Studios by Sonesta, an extended stay extension of Sonesta’s most franchised brand, Americas Best Value Inn. Plus, more hotel deal news.
Sultan of Brunei reportedly bids $2 billion for Pierre Hotel, threatening IHCL's Taj brand management contract. Plus other hotel deal and development news.
Activist investor Tarsadia Capital sent a letter to the Board of Directors of Sunstone Hotel Investors calling on them to maximize value for shareholders. Plus, more deal and development news.
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.
Hotel Equities has made a series of executive appointments across its operations, finance, and marketing teams. Plus, other hotel deal and development news.