Missouri

Affiliates of Lodging Advisory Group sold a 16-hotel, 1,775-room, five-stay Extended Stay America portfolio. Plus, more hotel deal and development news.

Braemar plans to terminate its advisory agreement with Ashford and create its own REIT management team. Plus, hotel development news.

Marriott International has formally entered into a joint venture with the Leali family, founders of Lefay. Plus, more hotel deal and development news.

Sixth Street has acquired the Park Hyatt Beaver Creek Resort & Spa, a 193-key resort in Colorado, for $176 million from Braemar Hotels & Resorts. Plus, more hotel development news.

New York City hotels agreed to an eight-year contract that will pay housekeepers $100,000 a year, eventually. Plus, hotel deal and development news.

Wheelock Street may acquire the $458M Historic Cavalier resort in Virginia Beach, as Moon Palace opens 2,171 suites in Punta Cana. Plus, more hotel deal and development news.

The Kimpton Ashbel New York-Park Avenue is now open at 70 Park Avenue in Midtown Manhattan. Plus, more hotel deal and development news.

Investment analysts say the Iran conflict's effects will be offset by continued optimism around U.S. tax refunds and a potential positive impact from the World Cup. Plus, hotel deal and development news.

Explore the latest trends in the hotel industry, including stock updates and market reactions in lodging investments.

IHG's Garner Hotels hits 100 properties globally while Wyndham's Trademark Collection surpasses 100 U.S. hotels, as JPMorgan favors C-Corps. Plus, more hotel deal and development news.