Hotel Equities will manage 13 TAJ Hospitality hotels in Lubbock, Texas, expanding its Texas portfolio to 29 properties across the state. Plus, more hotel deal and development news.
Jefferies says World Cup should offset cost inflation and geopolitical issues, predicting modest RevPAR growth and solid earnings in 2026. Plus more hotel deal and development news.
Deutsche Bank rates Hyatt and Wyndham as buys for 2026, holds on Hilton and Marriott due to premium valuations and limited upside. Plus, more hotel deal and development news.
The 508-room Marriott in Stamford, Connecticut, was purchased for $15 million, less than the $31 million when it last traded in 2018. Plus, more hotel deal news.
Marriott does not agree with the characterizations expressed in a Sonder press release, after Sonder's financial collapse. Plus, hotel deal and development news.