HMSHost and Starbucks Expand Strategic Partnership to Transform the Traveler's Coffee Shop Experience

HMSHost today announced a new, multi-year partnership with Starbucks focused on transforming the coffee experience for travelers. This agreement will enable the two best-in-class companies to leverage new technologies, upgrade store locations, and roll out new food and beverage offerings in airports and travel plazas across North America. The deal provides the opportunity for HMSHost to maintain and build upon the existing base of nearly 400 stores.
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Crescent Hotels & Resorts Adds Delta Hotel Dallas Allen to Portfolio

The hotel is connected to the popular Watters Creek Convention Center, featuring over 79,000 square feet of conference space, including 40,000 square feet of exhibit hall space, a 12,000 square foot ballroom, and another 18,000 square feet across 18 unique meeting and exhibit rooms
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Dynamic City Capital Acquires Two Hilton Branded Downtown San Diego Hotels

Dynamic City Capital (DCC), a Utah-based firm focused on premium-branded hotel investments, yesterday announced the acquisition of the Hilton Garden Inn and Homewood Suites by Hilton San Diego Downtown/Bayside hotels. Built in 2016, the two hotel properties combine to create a 364-key dual-branded campus.
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Sir Francis Drake Hotel in San Francisco Sold for $157.6 Million

Pebblebrook Hotel Trust (NYSE: PEB) today announced that it had executed a contract to sell the 416-room Sir Francis Drake in San Francisco, CA to a third party, which the Company expects will generate $157.6 million of proceeds after customary closing costs.
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Steigenberger Hotel Announced for Kunming, CHina

Deutsche Hospitality and Huazhu are planning a further hotel project in China in the form of a new Steigenberger Hotel in Kunming, a location which is nicknamed the 'City of Eternal Spring' because of its temperate climate. The Steigenberger Hotel in Kunming is planned and will be operated by Huazhu, the shareholder of Deutsche Hospitality.
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