Hotel Clark to Reopen in Downtown Los Angeles With 348 Rooms
Hotel Clark, a 1914 landmark in Downtown LA, returns this summer as a 348-room full-service lifestyle property. Plus, more hotel deal and development news.
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Wells Fargo Raises Hotel Estimates as U.S. RevPAR Beats Expectations
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.
Truist Expresses Optimism About Travel in 2026
Favorable holiday shifts year-over-year, the World Cup, and 250th-anniversary tourism could all support hotel demand in 2026, says Truist. Plus, hotel deal news.
U.S. RevPAR Trends Weaker Than Expected
Baird and Barclays said they expect a downbeat 3Q earnings season with disappointing RevPAR. Plus, deal and development news.
Two Large San Francisco Hotels Could Be Sold Soon
The 1,921-room Hilton Union Square, the city’s largest hotel, and the 1,024-room Parc 55 are expected to be sold to an unidentified buyer. Plus more hotel and development news.
Calgary Lands 3 Marriott Hotels in Billion-Dollar Deal
Truman and Marriott International, Inc. announced plans to open three hotels in Calgary, including W Calgary, JW Marriott Calgary, and an Autograph Collection Hotel on Stampede Park.
Hyatt Acquires Playa Hotels & Resorts
Hyatt Hotels Corporation announced the completed acquisition of Playa Hotels & Resorts, and more hotel development news.
Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
A Rare Boston Hotel Site Is Up for Sale
A Boston hotel site is for sale for $6.5M, while EasyGroup will sell EasyHotel to Tristan Capital Partners for €242M in total value.
Hawaii Set to Hike Hotel Tax
Crestline Hotels & Resorts takes over management of the AC Hotel Seattle Downtown as lodging companies expand portfolios.