Bally’s Plans 3,000-Room Resort Around New Las Vegas Ballpark
Bally’s Las Vegas will be built in phases, eventually featuring 3,000 hotel rooms. Plus, more hotel deal and development news.
Tampa
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.
Taj May Lose New York's Pierre Hotel in $2 Billion Sale
Sultan of Brunei reportedly bids $2 billion for Pierre Hotel, threatening IHCL's Taj brand management contract. Plus other hotel deal and development news.
Seibu Holdings to Buy Ace Group's Parent Company
Japan's Seibu Holdings will buy Ace Group International for $90M, acquiring the Ace Hotel brand and creative agency Atelier Ace. Plus more hotel deal and development news items.
Magnuson Hotels Creators to Launch New Soft Brand
A soft brand for independent hoteliers, Mayfield, will launch from the creators of Magnuson Hotels. Plus more hotel deal and development news.
U.S. Hotels Saw Softer Performance in July
The U.S. hotel industry experienced a modest decline in performance during July 2025, as reported by CoStar. Plus more hotel deal and development news items.
U.S. Hotel RevPAR Flat in the Second Quarter
HotelAVE, the asset manager, released its second quarter of 2025 Hospitality Earnings Summary. Plus, today's hotel deal and development news.
U.S. Hotel Construction Volume Falls to 20-Quarter Low
CoStar said the volume of US hotel rooms under construction decreased year over year for a sixth consecutive month, down by almost 12%.
Canadian Hotel Performance Soars as Global Brands Expand Presence
Canada hotels gain 5.3% RevPAR in May; multiple hotel deals, acquisitions, renovations & new openings across North America and Europe.
Exclusive Resorts Takes Controlling Interest in Onefinestay
Exclusive Resorts reached a strategic agreement with Accor to take a significant minority stake in the French hotel giant’s OneFineStay luxury vacation rental brand.