Service Properties Trust sold 5 hotels with a total of 679 keys located in four states for a combined price of $47 million. Plus, more hotel deal news.
New hotel openings include Hilton's Slackline Moab, Hyatt Place Bozeman and Sonesta's Dry Creek Inn; Shamin breaks ground on 270-room Virginia project.
Loews Hotels will build a $410 million luxury hotel in Arlington, Texas, replacing the existing Sheraton Arlington Hotel by September 2026. Plus, more hotel development news.
Hyatt to open Miraval Red Sea in Q1 2026, expand Park Hyatt to five locations, and rebrand Andaz Mayakoba as Alila in Feb 2026. Plus, more hotel development news.
Favorable holiday shifts year-over-year, the World Cup, and 250th-anniversary tourism could all support hotel demand in 2026, says Truist. Plus, hotel deal news.