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.
Kam Sang bought Edition Clocktower for $250 million while Cain acquired Dominick Hotel for $175 million in separate Manhattan deals. Plus, more hotel deal and development news.
Kimpton and Extell announced Kimpton Era Midtown New York, a 33-story hotel with 529 rooms opening March 2026. Plus, more hotel deal and development news.
Sonesta announced the debut of Americas Best Value Studios by Sonesta, an extended stay extension of Sonesta’s most franchised brand, Americas Best Value Inn. Plus, more hotel deal news.
Japan's Seibu Holdings will buy Ace Group International for $90M, acquiring the Ace Hotel brand and creative agency Atelier Ace. Plus more hotel deal and development news items.
Mandarin Oriental has confirmed that it will no longer proceed with the management of the San Clemente Palace, Venice, under the previously announced agreement. Plus, more deal and development news.