339 Room The Confidante Miami Beach Hotel Sold for $232 Million

Sunstone Hotel Investors, Inc. announced that it has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the 339-room The Confidante Miami Beach, located on 1.5 acres of fee-simple, oceanfront land in Miami Beach for a purchase price of $232 million, or $684,000 per key.
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RCI Announces Bombshells Franchise Agreement for the State of Alabama

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced the signing of the second franchise development agreement for Bombshells Restaurant & Bar. Terms call for the opening of three locations over five years in Alabama, the first being in Huntsville.
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Accor Announces Global Launch of Its All-Inclusive Collection

Accor today announced that it is accelerating its expansion in the all-inclusive market with the launch of its multi-branded All-Inclusive Collection – an attractive offering that will see the Group double down on this fast-growing segment by building upon the success of the Rixos brand.
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Wynn Las Vegas Unveils Renovation Plans

Wynn Las Vegas (Nasdaq: WYNN) unveils details of a new room concept that will transform its luxury guest accommodations across Wynn Las Vegas and Wynn Tower Suites. Currently under construction and scheduled to be completed by June 2022, the project is the largest and most extensive design evolution ever made to the tower's 2,674 guest rooms, suites, elevator lobbies, and resort tower corridors.
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