DiamondRock Hospitality Company announced today the sale of its leasehold interest in the 189-room Courtyard by Marriott New York Manhattan/Fifth Avenue for $33.0 million. The sales price represents a 6.3x multiple on 2025 Hotel Adjusted EBITDA and a 13.3% capitalization rate on 2025 Hotel Net Operating Income.
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The hotel construction pipeline in Latin America grew by 6% year-over-year in the first quarter of 2026, with significant increases in early planning projects and notable activity in Mexico, Brazil, and the Dominican Republic, according to Lodging Econometrics.
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Comstock Holding Companies, Inc., in partnership with McWilliams|Ballard, reported that condominium sales at JW Marriott Residences Reston Station exceeded $12 million in the first quarter of 2026, with total sales recognized at nearly $90 million since opening in September 2025.
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Brevet Capital announced that U.S. Citizenship and Immigration Services has approved the first I-829 Petition to Remove Conditions on Permanent Resident Status for an investor in the JW Marriott Bonnet Creek Resort & Spa project in Orlando, Florida.
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CHICAGO, IL (May 5, 2026) – Hyatt Hotels Corporation (NYSE: H) has announced the debut of a complete renovation of Hyatt Zilara Cancun, an adults-only, all-inclusive resort in the heart of Cancun’
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Long Lake Management has entered into a definitive agreement to acquire American Express Global Business Travel for $9.50 per share in an all-cash transaction valued at approximately $6.3 billion.
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Alpine Realty Capital has finalized the transaction of a hotel property located in a Michigan university city, marking another notable deal in the Michigan hospitality real estate market.
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CHICAGO (April 30, 2026) – Hyatt Hotels Corporation (“Hyatt,” “the Company,” “we,” “us,” or “our”) (NYSE: H) today reported first quarter 2026 results. Highlights include: Comparable system-wide…
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IHG Hotels & Resorts has signed management agreements for two new Holiday Inn-branded hotels in Aswan, Egypt, adding 400 keys to its portfolio in Egypt.
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IHG Hotels & Resorts has signed a management agreement with Yash Hotels & Resorts LLP for the development of Holiday Inn Resort Alwar, a 150-key property scheduled to open in Q1 2030.
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