Miami

IHG Hotels & Resorts has surpassed one million open rooms across the globe, and reported earnings. Hyatt and Apple Hospitality also reported earnings. Accor might run an IPO for Ennismore. And other news.

International expansion is gaining ground at Choice, with full control in Canada and rising overseas openings. Plus more hotel deals and development news.

CoStar said the volume of US hotel rooms under construction decreased year over year for a sixth consecutive month, down by almost 12%.

Hyatt sells $2B Playa resort portfolio to Tortuga, partly backed by private equity firm KSL. Plus: Goldman exits $100m Greek project.

Abound by Marriott Vacations exchange members now gain access to more than 8,000 Marriott hotels worldwide.

J Street plans to convert Tower 180 in Downtown San Diego into a 560-key dual-branded Hyatt Place and Hyatt House hotel.

Marriott opened its first StudioRes hotel in Fort Myers, marking the company's entry into midscale extended stay lodging.

Hotel industry executives showed subdued optimism at NYU Conference amid macro uncertainty and flat transaction growth expectations.

Hyatt launches new Unscripted brand with 40 hotels in talks. IHG sees total global conversion signings nearly doubling between 2023 and 2024.

Pebblebrook has challenged the market value assessments that the city assigned to and used to collect taxes from a group of downtown hotels purchased by the REIT in 2018.