Washington State

Overseas visitor volume to the U.S. in April was up modestly year-over-year. Plus, LVMH sells its only U.S. hotel, and a lot of other hotel development news.

Hyatt sells $2B Playa resort portfolio to Tortuga, partly backed by private equity firm KSL. Plus: Goldman exits $100m Greek project.

Mint House announced its expansion into Washington, D.C., with the grand opening of its newest property, and other hotel development news.

Jalisco announced $1 billion investment for 38 new hotels by 2028, with Hyatt investing $295 million in three Puerto Vallarta properties.

Hyatt launches new Unscripted brand with 40 hotels in talks. IHG sees total global conversion signings nearly doubling between 2023 and 2024.

Pebblebrook has challenged the market value assessments that the city assigned to and used to collect taxes from a group of downtown hotels purchased by the REIT in 2018.

Marriott International, Inc. announced the global launch of its new collection brand for the midscale and upscale lodging segments - Series by Marriott. Meanwhile, Wyndham had a flurry of announcements at its customer conference.

Brookfield Asset Management has acquired the Generator Hostels' European brand and hotels for €776 million from Queensgate Investments.

Marriott, Hilton, Rosewood and other hotel groups announce property openings, renovations and investments worldwide.

Crestline Hotels & Resorts takes over management of the AC Hotel Seattle Downtown as lodging companies expand portfolios.