Hilton Launches Initiative for New and Aspiring Hotel Owners

In an effort to help create opportunity for people looking to realize the dream of owning or growing their own business, Hilton has announced the creation of ‘Unlocking Doors,’ a program designed to support new and aspiring hoteliers on their journey to hotel ownership.
Source: New feed

Sbe and Wyndham Launch New Hotel Brand, Project HQ Hotels & Residences

This marks sbe’s first hotel brand after the 2020 sale of its hospitality brand and management platform which included over 100 hotels (SLS, Delano, Mondrian and Hyde, among others), more than 150 restaurants and lounges, and over $4 billion of luxury residential sales.
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InnVest Hotels Announces Acquisition of 10 Ontario and Halifax Hotels

Acquired hotels include Marriott Toronto Airport, Courtyard Toronto Airport, Residence Inn Toronto Airport, Hotel Carlingview, Courtyard Vaughan, Courtyard Markham, Residence Inn Markham, Townplace Suites Sudbury, Cambridge Suites Halifax and The Prince George Halifax.
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Morguard Completes $410 Million Sale of Canadian Hotel Portfolio

The portfolio, comprising 14 hotels including Marriott, Hilton, IHG and independent hotels across Canada, specifically in the Greater Toronto Area (Toronto, Mississauga, Markham, Vaughan), Ottawa, Halifax, and Sudbury, was sold to an institutional purchaser.
Source: New feed