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
Trinity Investments has announced the sale of the JW Marriott Phoenix Desert Ridge Resort & Spa, which it bought in 2019 and then renovated, to Ryman Hospitality Properties, Inc. for $865 million.
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Tru by Hilton unveils an updated prototype design and expands its global footprint with over 300 operational hotels.
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A summary of European hotel transactions provided by HVS
Source: New feed
Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Huff, Niehaus & Associates, Inc.Êproudly announces a significant and landmark achievement in its business journey of surpassing $1 billion in hospitality real estate sales.Ê
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Hilton is set to increase its presence in Paris with the upcoming opening of Hotel Dali Val d’Europe, Tapestry Collection by Hilton, following a franchise agreement with Turenne H(TM)tellerie, the hospitality division of Turenne Group.
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Hilton has partnered with Al Musbah Group to open its first Spark by Hilton hotel in Saudi Arabia, marking the hospitality company’s entry into the Middle East and Africa’s premium economy category.
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The Blue Flamingo Resort, set to open in July 2025, features two pools, outdoor cabanas, games, restaurants, bars, and various activities curated by an in-house concierge.
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Hilton aims to add over 21,000 rooms across various locations in the country.
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