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.
Florida
Marriott Vacation Clubs Announces Expanded Benefits
Abound by Marriott Vacations exchange members now gain access to more than 8,000 Marriott hotels worldwide.
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.
Blackstone's $550 Million Renovation of Hotel del Coronado in California
In Coronado, California, the Hotel del Coronado announced the completion of the revitalization of its iconic Victorian building, the final milestone in Blackstone Real Estate's more than $550 million restoration plan to enhance the hotel.
Hyatt Acquires Playa Hotels & Resorts
Hyatt Hotels Corporation announced the completed acquisition of Playa Hotels & Resorts, and more hotel development news.
U.S. Hotels Face a Challenging Landscape This Year
PwC predicts hotel performance for the year. Plus lots of news in Nashville, Kansas, and other hotel development markets.
6 Playa Hotels Are Rebranded to Hyatt
Hyatt rebranded six of Playa's hotels to Hyatt flags, with Hilton losing four properties in the process, and more hotel development news.
Jalisco Announces $1 Billion Hotel Development Program
Jalisco announced $1 billion investment for 38 new hotels by 2028, with Hyatt investing $295 million in three Puerto Vallarta properties.
Subdued Tone Among Hotel REITs at Nareit Conference
Hotel REIT executives at Nareit showed caution due to transaction market weakness and uncertainty, with Truist citing stock frustration.
San Diego Could Welcome a 25-Story Hotel
J Street plans to convert Tower 180 in Downtown San Diego into a 560-key dual-branded Hyatt Place and Hyatt House hotel.