Miami

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.

Here's a roundup of hotel deal and development news and analysis for August 28th, 2025.

Montreal's hotels continue to perform well, and other hotel deal and development news from Skift's Daily Lodging Report.

The 1,921-room Hilton Union Square, the city’s largest hotel, and the 1,024-room Parc 55 are expected to be sold to an unidentified buyer. Plus more hotel and development news.

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.