Hyatt Regency Orlando to be sold for $1.02 billion: report
The deal, which would see Hyatt commit to divesting assets valued at $2 billion, would be the largest hotel sale in 2024. ORLANDO — The $1 billion-plus sale of Florida’s…
Denmark’s Core Hospitality takes over 14 Zleep hotels
Core is growing exponentially across the brand, which is still owned by H World Hospitality and holds the Zleep hotels outside Denmark. KASTRUP, Denmark – Danish hotel company Zleep Hotels…
Latest News: Davidson expands CALA; Rockpoint sells DC hotel; Hyatt Regency Orlando for sale?
Latest news on development, deals, data and more. Davidson adds the Caribbean. Atlanta-based Davidson Hospitality Group will operate two interconnected resorts at Frenchman’s Reef on St. Thomas, U.S. Virgin Islands:…
Ellison’s success as a luxury hotelier continues
Oracle billionaire buys the posh Eau Palm Beach near his family estate for an undisclosed price. MANALAPAN, Fla. – Oracle software billionaire Larry Ellison has purchased the 309-room beachfront Eau…
Quotes of the week: Hilton, Hotels Association of New York, STR, Hyatt
Notable quotes from this week’s stories, including Hilton CEO Chris Nassetta’s discussion of evolving demand trends. Quote of the week“We believe we will see growth in all segments globally. Leisure…
Latest news: Reverb to Pensacola; Braemar refinancing; LatAm pipeline update
Latest news on data, developments, deals and more. Positive week in the USA. According to data from CoStar, the U.S. hotel industry posted slightly positive year-over-year numbers from July 28…
Latest news: US forecast revision; Reverb to Pensacola; Braemar refinancing
Latest news on data, developments, deals and more. Slight change in the US forecast. For 2024, STR and Tourism Economics made slight adjustments to the 2024-2025 U.S. Hotel Forecast, revising…
Quotes of the week: Hilton, Hotels Association of New York, Hyatt
Notable quotes from this week’s stories, including Hilton CEO Chris Nassetta’s discussion of evolving demand trends. QUOTE OF THE WEEK“We believe we will see growth in all segments globally. Leisure…
