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Service Properties Trust sold ten hotels with a total of 1,525 keys located for $71 million. Plus, other deal news.

Hilton announced it has reached the milestone of 9,000 hotels globally, representing nearly three openings per day since reaching 8,000 hotels just over a year ago.

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.

Hotel occupancy may reach 65.2% in 2025, up 3.7% from last year, with 34 large-scale events booked for the year.

Service Properties Trust sold three hotels with a total of 413 keys located in three states for a combined sales price of $26.5 million.

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.

Hilton Hawaiian Village Waikiki Beach Resort's new 36-floor Ala Moana Boulevard Tower will add 515 rooms with construction starting next year. Plus more hotel deal and development news items.

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.

The DJIA rose 49 points while the Nasdaq set yet another record, up 208, while the S&P 500 rose 31 points. The 10-year treasury yield was down .03 to 4.03%. Lodging stocks were modestly higher.The Hospitality Asset…

Activist investor Tarsadia Capital sent a letter to the Board of Directors of Sunstone Hotel Investors calling on them to maximize value for shareholders. Plus, more deal and development news.