Ohio

Axis Hotel Group is preparing to open the Courtyard by Marriott Fresno Downtown by August. Plus, more hotel development news.

New York hotels see average daily rates rise 38% on World Cup match days. Marriott will exit W South Beach ahead of Reuben Brothers renovations. Plus, more hotel development news.

Alchemy announced the sale of the La Quinta Inn & Suites by Wyndham Downtown Chicago, a 230-room hotel in Chicago's Loop. Plus, more hotel deal and development news.

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.

The federal government sold Washington, D.C.,'s former Old Post Office building, now a Waldorf Astoria hotel, to BDT & MSD Partners. Plus, more hotel deal and development news.

Hilton announced the launch of Undergraduate by Hilton, a new upper-midscale brand developed to serve a broader range of college and university markets. 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.

Truist raised its already industry-high forecasts for mid and upper-end U.S. hotel RevPAR growth. A voco opened in California. Plus, more hotel deal and development news.

Loews will build a 500-room hotel at Pittsburgh's convention center as part of a $418 million project with state funding. Plus, more hotel deal and development news.