Milwaukee Moves Forward on Two Downtown Hotel Projects
JLL reported U.S. hotel deal volume grew 14.4% in Q1 to $5.6 billion, with private equity making up 34% of the buyer pool. Plus, more hotel deal and development news.
Puerto Rico
Marriott's Huge Growth in the Caribbean and Latin America
Marriott achieved a record 94 signed deals in the region, an increase of 40% in signed transactions year-over-year. Plus, more hotel deal and development stories.
Hilton Cuts Ties With Franchise After DHS Booking Controversy
Hilton removed a Minnesota Hampton Inn from its system after videos showed the franchise refusing bookings from DHS and ICE agents. Plus, hotel deal and development news.
Hyatt Completes Sale of 15 All-Inclusives to KSL's Tortuga
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.
Marriott and Hyatt Expand Their Luxury Portfolios
Marriott and Hyatt revealed their luxury pipelines for 2026 at ILTM, plus more hotel development news.
Brookfield Buys a Sheraton Convention Hotel in Phoenix
Brookfield Hotel Properties has bought the Sheraton Phoenix Downtown, a 1,003-room convention center hotel. Plus more hotel deal and development news.
Honolulu Hotel Site Sold in $510 Million Deal
The land under the iconic Royal Hawaiian Hotel in Waikiki has been sold for $510 million. Plus, more hotel deal and development news.
Host Hotels' Strong Third Quarter
Host Hotels delivered a great third quarter report, as did DiamondRock Hospitality. Plus, Sonder's collapse and more hotel deal and development news.
San Francisco's Hotels Finally Rebound
Hotel occupancy may reach 65.2% in 2025, up 3.7% from last year, with 34 large-scale events booked for the year.
Canada’s Hotel Industry Is Booming
Canada’s hotel RevPAR exceeded C$200 for the first time on record in August, with ADR up 6.1%. Plus, other hotel deal and development news.