Ontario

Portman closed on $540 million in financing to build a 700-room Marriott in downtown Cincinnati. Plus, other hotel 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.

Hyatt marks 10 years of Unbound Collection with four new properties, while DoveHill acquires the Mayflower Inn & Spa in Connecticut. Plus, more hotel deal 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.

Hyatt sold its Playa Hotels portfolio to Tortuga Resorts for $2 billion, while Hilton expanded with new dual-brand properties in Puerto Rico. Plus, other hotel deal and development news.

Over 300 million tourists traveled internationally in the first three months of 2025, a 5% rise from last year and 3% more than in pre-pandemic year 2019.

Pebblebrook has challenged the market value assessments that the city assigned to and used to collect taxes from a group of downtown hotels purchased by the REIT in 2018.

Late last week, hotel REITs in the U.S. released an avalanche of earnings and investors were in a good mood again.

Hospitality industry faces challenges amid cautious analyst forecasts. Dreamscape Hospitality celebrates growth with 40 properties in the pipeline.

Truist analysts said the hotel companies weren’t admitting it, but demand trends had been decelerating before the tariff shock.