Xenia Hotels & Resorts Sells Seven-Hotel Portfolio For $483 Million

The portfolio consists of seven Kimpton-managed hotels, including Canary Hotel Santa Barbara, Hotel Monaco Chicago, Hotel Monaco Denver, Hotel Monaco Salt Lake City, Hotel Palomar Philadelphia, Lorien Hotel & Spa in Alexandria, Virginia, and RiverPlace Hotel in Portland, Oregon.
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Government of The Bahamas Sells the Grand Lucayan Resort

The Government of The Bahamas sold the Grand Lucayan on Monday, March 2, 2020 to a partnership between Royal Caribbean International and ITM (Bahamas Port Investments Ltd.), which is expected to make a $250 million investment between the hotel and the redevelopment of the cruise port.
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Aman Announces New Hotel Brand – Janu

Janu launches with three forthcoming hotels which are already under construction: Montenegro (2022), Al Ula in Saudi Arabia (2022) and Tokyo (2022), as well as a pipeline of future hotels.
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New Andaz-Branded Luxury Residences to Debut at Costa Rica's Peninsula Papagayo

Peninsula Papagayo, the 1,400-acre club and resort community located in Guanacaste on the North Pacific Coast of Costa Rica, and Hyatt Hotels Corporation today announced they will expand their relationship with the development of a collection of Andaz-branded residences at Peninsula Papagayo.
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Barbary Beach House Key West Hotel Announces June Opening

DiamondRock Hospitality Company (NYSE: DRH) has announced an anticipated June opening of the Barbary Beach House Key West (2001 South Roosevelt Boulevard), a 184-room oceanfront hotel inspired by the island's natural landscape and maritime history.
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