JLL brokers a hotel sale. Analysts debate whether Choice Hotels CEO Patrick Pacious was pushed out, as Airbnb adds boutique hotels to its platform. 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.
Dallas continues to lead all U.S. markets with 184 projects in its hotel construction pipeline at the close of the first quarter. Plus, more hotel deal news.
Queensgate, which ran Generator hotels in the U.S., is changing the branding. The Sheraton Atlantic City hotel will halve its 500 rooms for apartments despite casino industry objections to the conversion. Plus, more hotel deal and development news.
Park Hotels & Resorts sold five non-core properties for $198 million and exited three others on expiring ground leases this year. Plus more hotel deal news.