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Park Central San Francisco to rebrand under Hyatt Regency

Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with 50 Third Street Owner LP for Park Central San...

Colony Capital announces the sale of hospitality portfolios

Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business Sale Represents Key Milestone in Colony Capital’s Digital Transformation Colony Capital, Inc. (NYSE: CLNY)...

Service Properties Trust to transfer 103 hotels to Sonesta from IHG

-Rebranding Hotels to Sonesta Expected to Improve SVC Operating Results -IHG Failed to Pay Owner’s Priority Returns to SVC for July and August Service Properties Trust (Nasdaq:...

U.S. hotel industry reported unprecedented lows during April 2020, says STR

Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR. In a year-over-year...

Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m

Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...

Pebblebrook Hotel Trust to sell two hotels in US for $331m

Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), announced it has agreed to sell two hotels, the 422-room InterContinental Buckhead Atlanta...

Four Seasons to open luxury hotel and private residences in New...

Four Seasons Hotels and Resorts, together with developers Carpenter & Company Inc. and Woodward Interests, LLC, will open a luxury hotel and Private Residences...

Miami’s historic iconic hotel sold to joint venture

A joint venture between Deutsche Finance America, Bilgili Holding and SHVO has purchased the historic Raleigh Hotel property in Miami for $103 million...

Starwood Capital Group sells a hotel in Miami for $610 million

Starwood Capital Group has sold the 1 Hotel South Beach in Miami Beach, Florida for $610 million to Host Hotels & Resorts. Starwood Capital Group...

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