Ashford Hospitality Trust Inc. has signed an agreement to sell the Hilton Houston NASA Clear Lake. The transaction, priced at $27 million, will be finalized by June 2025, contingent upon typical closing conditions.
Source: New feed

The development is part of IHCLÕs strategic roadmap to expand its multi-brand presence in the region to 30 hotels by 2030.
Source: New feed

The renovation is scheduled to begin after Labor Day and is anticipated to be completed in January 2026.
Source: New feed

The development of the project, which will span 20 hectares on the Gulf of Papagayo in the Guanacaste region, is expected to begin in July of this year, with a planned opening in early 2027.
Source: New feed

DoubleTree by Hilton has reached two significant milestones: the opening of its 700th hotel and expansion into its 60th country and territory. The brand’s growth over the past year has included notable firsts in Nice, Laos, the Azores Islands, and Malta.
Source: New feed

Nehmer and HVS Design have released the 2025 Hotel Cost Estimating Guide, a detailed list of construction and FF&E expenses for hotel renovations
Source: New feed

Marriott International has announced the global launch of its new collection brand, Series by Marriott. This launch is part of Marriott’s continuous expansion into the midscale and upscale lodging segments worldwide. The initial launch of this brand will be through a partnership with Concept Hospitality Private Limited (CHPL), one of India’s leading hotel management companies.
Source: New feed

The partnership will transform several high-profile IHG hotels and return the Regent Hotels & Resorts brand to Australia after a 28-year absence.
Source: New feed

Hyatt Hotel Corporation has announced the introduction of the Hyatt House brand to the National Capital Region of India as part of a mixed-use development, the Flagship. The 127-key, extended stay hotel is strategically located in Noida and is expected to cater to the increasing demand for premium accommodations from corporate travelers.
Source: New feed

According to the group’s financial results, the group has achieved 538 net hotel openings, bringing the total number of operational hotels worldwide to 11,685. The total number of rooms worldwide has reached 1,142,158, a 20% increase from the previous year.
Source: New feed