MCR has acquired the 114-room Homewood Suites by Hilton Dallas/Allen.
Source: New feed

Kimpton Hotels & Restaurants will arrive in Australia in 2021, with IHG Hotels & Resorts and Pro-invest Group planning to convert and reposition Sydney’s Primus Hotel as Kimpton Sydney.
Source: New feed

Bojangles’ return to Orlando highlights new partnership between Bojangles and restaurant developer in a deal involving 80 locations
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In November 2020, Braniff licensed a new Braniff-themed hotel project at the former Braniff International Hostess College located in the Oaklawn neighborhood of Dallas. The boutique hotel is tentatively scheduled to open in 2022, once the facility is fully remodeled.
Source: New feed

Red Rock Resorts, Inc. (NASDAQ: RRR) today announced a definitive agreement between its subsidiary Station Casinos LLC and a subsidiary of the San Manuel Band of Mission Indians to sell the Palms Casinos Resort.
Source: New feed

A survey of the Hospitality Asset Managers Association reveals almost a third are considering brand or management changes as part of their recovery plans, with half planning to change both.
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Capital-raising and hotel sales highlight investor optimism for the sector’s recovery
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American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group’s corporate travel arm. As part of the transaction, Expedia Group would become a shareholder in, and enter a long-term strategic commercial agreement with, GBT.
Source: New feed

CHICAGO (May 4, 2021) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported first-quarter 2021 financial results. Net loss attributable to Hyatt was $304 million, or $2.99…

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Travelodge has announced it expects to open 17 new hotels across the UK in 2021, creating 360 new jobs and growing its hotel network to 597 locations in the UK, Ireland and Spain.
Source: New feed