Peachtree Group Hotel Portfolio Exceeds $2 Billion
Peachtree Group announced that its hotel development portfolio has exceeded $2 billion nationwide. Plus other hotel deal news.
Miami
Wyndham's ECHO Suites Opens 14th Property
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.
Grand Metropolitan Hotels Acquires Signature Hotels
Grand Metropolitan Hotels acquired Signature Hotels to strengthen its position in the UK, India, and elsewhere. Plus other hotel deal and development news.
Marriott Begins Integrating CitizenM Hotels
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.
Hilton Expects 4Q RevPAR to Be Positive
Hilton expects fourth-quarter RevPAR to be in positive territory due to the stronger group travel, easier comps, and holiday shifts. Plus more hotel news.
Melia Announces Plans for First Branded Residences in the U.S.
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.
Hilton Hits 9,000 Hotels Globally
Hilton announced it has reached the milestone of 9,000 hotels globally, representing nearly three openings per day since reaching 8,000 hotels just over a year ago.
Service Properties Trust's Selling Spree
Service Properties Trust sold three hotels with a total of 413 keys located in three states for a combined sales price of $26.5 million.
Hilton Tops 200 Hotels in Canada
Hilton surpassed 200 hotels in Canada with its most recent openings. Plus more hotel deal and development news.
Magnuson Hotels Creators to Launch New Soft Brand
A soft brand for independent hoteliers, Mayfield, will launch from the creators of Magnuson Hotels. Plus more hotel deal and development news.