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Artifact filed plans for a nine-story, 40-key hotel at 23-27 Allen Street in Manhattan. Last year, only one hotel opened in New York City.

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.

Hilton surpassed 200 hotels in Canada with its most recent openings. Plus more hotel deal and development news.

Lodging Analytics Research & Consulting (LARC) forecasts that 2025 U.S. Hotel EBITDA will decline 5.5% year-over-year and Hotel Values to decrease 4%. For 2026, it forecasts U.S. Hotel EBITA to decrease 1.1% and Hotel Values to decrease 3%.

Here's a roundup of hotel deal and development news and analysis for August 28th, 2025.

The Daily Lodging Report turned 30 years old today! Soho House reached an agreement with an investor group led by MCR and its Chairman and CEO Tyler Morse to take SHCO private at $9 a share.

Highside secured a $500 million financing package from affiliates of Apollo to expand Everhome Suites from Choice Hotels. Plus more hotel deal and development news.

IHG Hotels & Resorts has surpassed one million open rooms across the globe, and reported earnings. Hyatt and Apple Hospitality also reported earnings. Accor might run an IPO for Ennismore. And other news.

Marriott International beat second-quarter expectations but did what most of the others have not been doing: lowered the 2025 RevPAR outlook. Plus more hotel deals and development news.

Wyndham says it now has more than 720 hotels now operating across Europe, the Middle East, Eurasia, and Africa. Plus more hotel deals and development news.