TMGOC Ventures Acquires a 455-Room Marriott Hotel
Wheelock Street may acquire the $458M Historic Cavalier resort in Virginia Beach, as Moon Palace opens 2,171 suites in Punta Cana. Plus, more hotel deal and development news.
St. Maarten
Hunter Conference Bullishness on Hotel Transactions
CBRE Hotels' Robert Webster called this the second best buying opportunity of his career, as the Hunter conference buzzed with transaction optimism. Plus, more hotel deal and development news.
U.S. Hotel Performance Forecasts Get Downgraded
CoStar and Tourism Economics downgraded their U.S. hotel performance forecasts for 2025 and 2026. Plus, more hotel deal and development news.
Hotel Worker Strikes Resume in Boston
About 400 workers at four Boston hotels began a three-day strike on Thursday. They're seeking higher wages and staffing levels.
MGM Collection with Marriott Bonvoy Launches
MGM Collection with Marriott Bonvoy, the brand created by MGM Resorts International and Marriott International, is now accepting reservations for 16 hotel and resort destinations on Marriott's website and app.
Las Vegas Hotels’ Super Bowl Bump
STR reported US lodging data for the week ended 2/10. US hotel RevPAR was up 3.9% with ADR up 7%. RevPAR in Las Vegas was up 140% year over year thanks to the Super Bowl.