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Hotel Business

Hotel Business

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Hotel ownership, development, design and technology news.

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Bayview Commercial Mortgage Finance Provides $66.3M Debt Financing for Moxy Menlo Park Hotel
Deals•Feb 27, 2026

Bayview Commercial Mortgage Finance Provides $66.3M Debt Financing for Moxy Menlo Park Hotel

Bayview Commercial Mortgage Finance, via its Bayview PACE division, closed a $66.3 million financing package for the Moxy Menlo Park hotel in Silicon Valley, consisting of $30.2 million in C‑PACE funding and a $36.1 million construction loan. The financing was arranged by JLL Capital Markets on behalf of the project sponsor, Menlo Park Hotel Group LLC, a joint‑venture of Nexera Capital and Titan Management.

Hotel Business
Storie Co. And GBX Group Acquire Two Colorado Lodging Properties
Deals•Feb 27, 2026

Storie Co. And GBX Group Acquire Two Colorado Lodging Properties

Storie Co., in partnership with Cleveland-based real estate investment firm GBX Group, has completed the acquisition of Trailhead Lodge Rocky Mountains and The Outpost Rocky Mountains in Estes Park, Colorado. The properties will be managed by Leisure Hotels & Resorts...

Hotel Business
Belvilla Acquires 10 Former Sonder Properties to Launch US Operations
Deals•Feb 26, 2026

Belvilla Acquires 10 Former Sonder Properties to Launch US Operations

Belvilla, the European short‑term rental brand owned by PRISM, announced it has entered the U.S. market by acquiring ten former Sonder properties through the Sonder bankruptcy court process. The acquisition marks Belvilla’s first operational presence outside Europe and includes properties...

Hotel Business
Hersha Hotels and Resorts Acquires The Westin Savannah Harbor Golf Resort & Spa
Deals•Feb 24, 2026

Hersha Hotels and Resorts Acquires The Westin Savannah Harbor Golf Resort & Spa

Hersha Hotels and Resorts, a KSL portfolio company, announced the acquisition of The Westin Savannah Harbor Golf Resort & Spa in Savannah, Georgia. The transaction was arranged by JLL’s Hotels & Hospitality Group. The deal value was not disclosed.

Hotel Business
Spotlight Series: Jacaruso Enterprises
News•Feb 23, 2026

Spotlight Series: Jacaruso Enterprises

Jacaruso Enterprises, featured in Hotel Business’s Spotlight Series, is redefining hotel sales operations through AI‑enabled solutions. VP of Bold Moves, April Eskelson, explained how the company’s Lead Shark platform equips hotel partners with real‑time business intelligence. She highlighted AI tools...

By Hotel Business
It’s Personal Stories Launches New Website
News•Feb 23, 2026

It’s Personal Stories Launches New Website

It’s Personal Stories, a hospitality leadership podcast founded in 2022, has launched a redesigned website that consolidates nearly 300 interviews with global hospitality leaders. The new platform offers a searchable archive by guest name, title, company, and thematic categories, with...

By Hotel Business
Colicchio Consulting Launches Culinary Hub in Cambridge, MA
News•Feb 23, 2026

Colicchio Consulting Launches Culinary Hub in Cambridge, MA

Colicchio Consulting has opened Eastern Edge, an 11,000‑square‑foot, all‑electric culinary and community hub in Cambridge’s Kendall Square adjacent to MIT. The 275‑seat venue hosts nine local food vendors, two bars, and flexible event space, operated by the Gather Group with...

By Hotel Business
Web Exclusive: Hilton Los Angeles Airport Guestrooms Land a Makeover
News•Feb 23, 2026

Web Exclusive: Hilton Los Angeles Airport Guestrooms Land a Makeover

Hilton Los Angeles Airport is investing $50 million to renovate its 1,234‑room property ahead of a wave of global sporting events, including the FIFA World Cup, Super Bowl and Olympic Games. The phased redesign, set to finish next month, converts all...

By Hotel Business
Web  Exclusive: The Compton Finds Its Footing in the Ozarks
News•Feb 23, 2026

Web Exclusive: The Compton Finds Its Footing in the Ozarks

Practice Hospitality’s founder Bashar Wali unveiled The Compton, a 142‑room independent lifestyle hotel on Bentonville’s historic Square, designed to feel native to the Ozarks. The property blends biophilic architecture, local art and folklore, and a cycling‑centric service model that includes...

By Hotel Business
Use Our Business to Grow Your Business
News•Feb 23, 2026

Use Our Business to Grow Your Business

Hotel Business urges hospitality suppliers to leverage B2B media for growth. The editorial stresses that strategic placement in trusted trade publications delivers audience alignment, authority, and lasting brand equity, especially during economic uncertainty. It argues that visibility in reputable outlets...

By Hotel Business
DKN Hotels Opens SpringHill Suites in Oxnard, CA
News•Feb 23, 2026

DKN Hotels Opens SpringHill Suites in Oxnard, CA

DKN Hotels has launched the SpringHill Suites by Marriott Ventura Oxnard, a 121‑suite extended‑stay hotel in Oxnard, California. The property sits within walking distance of The Collection RiverPark and a short drive from downtown, beaches, and Channel Islands National Park....

By Hotel Business
GHIG JV Approved for All-Electric Hotel in Boston’s Seaport District
News•Feb 23, 2026

GHIG JV Approved for All-Electric Hotel in Boston’s Seaport District

Global Hospitality Investment Group (GHIG) and a partner have secured Boston Zoning Commission approval for a new all‑electric hotel on Anchor Street in the Seaport District. The 438‑room, 160,000‑sq‑ft property will join the existing Aloft and Element hotels, completing a...

By Hotel Business
Ashford Sells Two Embassy Suites in Texas
News•Feb 23, 2026

Ashford Sells Two Embassy Suites in Texas

Ashford Hospitality Trust has sold its two Texas Embassy Suites properties – the Austin Arboretum and the Houston Near The Galleria – in a single transaction brokered by Hunter Advisors. Both six‑story, 150‑suite hotels were built in 1998 and feature...

By Hotel Business
Hot Off the Press — February 2026
News•Feb 23, 2026

Hot Off the Press — February 2026

Hotel Business released its February 2026 issue, featuring a cover story on Preferred Hotels & Resorts and a detailed look at the Waterford Hotel Group’s merger with Maverick Hotels & Restaurants. The issue also includes an exclusive interview with new...

By Hotel Business
Ashford Hospitality Trust Sells Two Texas Embassy Suites Hotels to Individual Investor
Deals•Feb 23, 2026

Ashford Hospitality Trust Sells Two Texas Embassy Suites Hotels to Individual Investor

Ashford Hospitality Trust has sold its Embassy Suites by Hilton Austin Arboretum and Embassy Suites by Hilton Houston Near The Galleria to an individual investor in Texas. The transaction, brokered by Hunter Advisors, combines the two hotels into a single...

Hotel Business
Modest Lift in RevPAR Forecasted for World Cup Months
News•Feb 20, 2026

Modest Lift in RevPAR Forecasted for World Cup Months

The revised U.S. hotel outlook from CoStar and Tourism Economics projects a 1.7% RevPAR increase during the World Cup months of June and July 2026. This modest lift contributes to an overall 0.6% RevPAR growth for the year, up from...

By Hotel Business
Sean M. Dell’Orto Named Park Hotels & Resorts COO
News•Feb 20, 2026

Sean M. Dell’Orto Named Park Hotels & Resorts COO

Park Hotels & Resorts announced that Sean M. Dell’Orto will serve as chief operating officer while continuing as executive vice president, chief financial officer and treasurer. Dell’Orto has held the CFO and treasurer positions since the company’s 2017 spin‑off from...

By Hotel Business
StepStone Hospitality Promotes Kristina Randorf
News•Feb 20, 2026

StepStone Hospitality Promotes Kristina Randorf

StepStone Hospitality has promoted Kristina Randorf to senior vice president of revenue management, where she will steer enterprise revenue management, strategic analytics, and innovation. Randorf joined the firm in 2017 as an on‑property revenue manager and progressed through area, regional,...

By Hotel Business
Extreme Hospitality Adds The Franklin on Rittenhouse to Portfolio
News•Feb 20, 2026

Extreme Hospitality Adds The Franklin on Rittenhouse to Portfolio

Extreme Hospitality has incorporated The Franklin on Rittenhouse, a 20‑room boutique lifestyle hotel in Center City Philadelphia, into its managed portfolio. The property boasts individually decorated guestrooms and a Prohibition‑themed speakeasy, the Franklin Mortgage & Investment Company, reflecting a rebellious...

By Hotel Business
Choice Hotels Reports $369.9M Net Income in 2025
News•Feb 19, 2026

Choice Hotels Reports $369.9M Net Income in 2025

Choice Hotels International posted a record $369.9 million net income for 2025, accompanied by an all‑time adjusted EBITDA of $625.6 million. The company added 440 new hotels, with international openings surging 82% and net rooms expanding 12.5% worldwide. U.S. extended‑stay...

By Hotel Business
Report: 2025 Demand Slowed as Operators Protected Profit
News•Feb 19, 2026

Report: 2025 Demand Slowed as Operators Protected Profit

U.S. hotels ended 2025 with weaker demand, as RevPAR dropped 9.6% in Q4 and fell 6.3% year‑over‑year, while ADR slipped only 0.9% quarter‑over‑quarter. Despite the revenue dip, GOP margin improved to 38.3% for the full year, reflecting tighter labor discipline...

By Hotel Business
Highline Hospitality Partners Acquires Pittsburgh Marriott North
News•Feb 19, 2026

Highline Hospitality Partners Acquires Pittsburgh Marriott North

Highline Hospitality Partners (HHP) has acquired the Pittsburgh Marriott North in Cranberry Township, Pennsylvania, marking its 17th hotel purchase and first in the state. The 298‑room property will be managed by Avion Hospitality, continuing a strategic partnership. HHP plans targeted...

By Hotel Business
MXR Hospitality Names Brent McDowell CEO, Eric Watts President
News•Feb 19, 2026

MXR Hospitality Names Brent McDowell CEO, Eric Watts President

MXR Hospitality, a joint venture between RREAF Holdings and Phillip McNeill Sr., announced Brent McDowell as its inaugural CEO and Eric Watts as its inaugural president. McDowell brings nearly three decades of hospitality experience, most recently as COO of McNeill Hotel Company,...

By Hotel Business
Highline Hospitality Partners Acquires Pittsburgh Marriott North
Deals•Feb 19, 2026

Highline Hospitality Partners Acquires Pittsburgh Marriott North

Highline Hospitality Partners (HHP), the hospitality investment platform of Highline Real Estate Partners, announced the acquisition of the Pittsburgh Marriott North hotel in Cranberry Township, Pennsylvania. The deal marks HHP’s 17th hotel purchase and its first investment in Pennsylvania. HHP...

Hotel Business
Home2 Suites Tampa Brandon Trades
News•Feb 18, 2026

Home2 Suites Tampa Brandon Trades

Berkadia facilitated the sale of the 125‑key Home2 Suites Tampa Brandon to AAM 15 Management LLC, a Massachusetts‑based hospitality operator. The hotel, built in 2018 with institutional‑grade construction, consistently leads its submarket in occupancy and average daily rate. AAM’s CEO...

By Hotel Business
Apiary Hotel Belleview Station Opens in South Denver
News•Feb 18, 2026

Apiary Hotel Belleview Station Opens in South Denver

Apiary Hotel Belleview Station, a 175‑room Residence Inn by Marriott, opened in South Denver’s Belleview Station neighborhood. The all‑suite property blends extended‑stay comfort with boutique design, featuring bee‑inspired décor, a multi‑sided fireplace lobby, and a complimentary hot breakfast. Adjacent Apiary...

By Hotel Business
Davidson Hospitality Group Reorganizes Commercial Services Team
News•Feb 18, 2026

Davidson Hospitality Group Reorganizes Commercial Services Team

Davidson Hospitality Group has reshaped its commercial services by promoting Patrick Broderick and Harry Carr to newly created senior vice‑president roles overseeing commercial optimization, while appointing Kathryn Collins as vice‑president of marketing. The reorganization consolidates sales, revenue management and marketing...

By Hotel Business
Nicole Brizan Joins Donohoe Hospitality Services
News•Feb 18, 2026

Nicole Brizan Joins Donohoe Hospitality Services

Donohoe Hospitality Services has appointed Nicole Brizan as vice president of finance and accounting, tasking her with steering corporate and property‑level financial strategy for its hotel portfolio. Brizan brings more than two decades of hospitality accounting experience, most recently as...

By Hotel Business
AAM 15 Management Acquires Home2 Suites Tampa Brandon From Floridays Development Co.
Deals•Feb 18, 2026

AAM 15 Management Acquires Home2 Suites Tampa Brandon From Floridays Development Co.

Berkadia arranged the sale of the 125‑key Home2 Suites Tampa Brandon hotel on behalf of a related company of Floridays Development Co. to Massachusetts‑based AAM 15 Management LLC. The acquisition expands AAM’s Florida portfolio to 1,952 keys across 14 properties.

Hotel Business
ESA Opens Select Suites Property in Sterling, CO
News•Feb 17, 2026

ESA Opens Select Suites Property in Sterling, CO

Extended Stay America (ESA) opened a new Select Suites property in Sterling, Colorado, adding a two‑story, 104‑room hotel to its portfolio. The property offers full kitchens, on‑site laundry, complimentary Wi‑Fi, an indoor pool, and a recreation room with games for...

By Hotel Business
Concord Hospitality Promotes Three Executives to Senior Roles
News•Feb 17, 2026

Concord Hospitality Promotes Three Executives to Senior Roles

Concord Hospitality announced the promotion of three senior executives: Joe Trumfio to senior vice president of investment operations, compliance and reporting; Cathryn Andrews to senior vice president of hotel accounting; and Alex Langston to senior director of risk management. Trumfio’s newly...

By Hotel Business
Hyatt Names Mark Hoplamazian Chairman
News•Feb 17, 2026

Hyatt Names Mark Hoplamazian Chairman

Hyatt Hotels Corp appointed its president and chief executive, Mark Hoplamazian, as chairman, replacing retiring executive chairman Thomas Pritzker, who has guided the company since 2004. Hoplamazian, who has led Hyatt for nearly two decades, oversaw the brand’s asset‑light expansion...

By Hotel Business
AWH Partners Acquires Hotel Trio Healdsburg for $38M
News•Feb 17, 2026

AWH Partners Acquires Hotel Trio Healdsburg for $38M

AWH Partners has purchased the 122‑key Hotel Trio Healdsburg for $38 million, equating to $311,475 per key—significantly below the estimated $500,000 replacement cost in Sonoma County. The all‑suite, Marriott‑branded property is the only Residence Inn in northern Sonoma and the second‑largest hotel...

By Hotel Business
Hihotels Adds Three Properties
News•Feb 16, 2026

Hihotels Adds Three Properties

Hospitality International’s hihotels brand announced the conversion of three independent hotels into its franchise network. The additions include a 45‑room Scottish Inns & Suites in Vinton, Louisiana, a 41‑room Scottish Inns & Suites in Kingwood, Texas, and a 48‑room Red...

By Hotel Business
Stayntouch Partners with Regency Hotel Management
News•Feb 16, 2026

Stayntouch Partners with Regency Hotel Management

Stayntouch has signed a partnership with Regency Hotel Management to roll out its cloud‑based property management system across 27 independent Regency hotels. After a seven‑month evaluation, Regency chose Stayntouch for its mobile‑first, tablet‑driven platform, enabling properties to go live in...

By Hotel Business
Hyatt Reveals Plans for Andaz Heber Valley
News•Feb 16, 2026

Hyatt Reveals Plans for Andaz Heber Valley

Hyatt Hotels announced the Andaz Heber Valley, its first mountain‑focused Andaz property, slated for a January 2029 opening in Utah’s Heber Valley. The 85‑room hotel will sit within The Slope, a mixed‑use lifestyle community that also includes 62 condominiums and...

By Hotel Business
Jacaruso Launches Lead Shark
News•Feb 16, 2026

Jacaruso Launches Lead Shark

Jacaruso Enterprises unveiled Lead Shark, an AI‑driven SaaS platform tailored for hotel sales teams. The tool consolidates prospecting, verified contact intelligence, market data and competitor analysis to accelerate outreach. Built on two decades of hotel sales experience, it serves both...

By Hotel Business
The Year Ahead: 2026 Cybersecurity Predictions for the Hotel Industry
News•Feb 15, 2026

The Year Ahead: 2026 Cybersecurity Predictions for the Hotel Industry

Hospitality cyber risk escalates in 2026 as AI-driven phishing, ransomware‑as‑a‑service, and deepfake fraud target increasingly connected hotel environments. Regulatory pressure intensifies with the EU’s NIS2 directive and Cyber Resilience Act, forcing global compliance and tighter insurance terms. Smart‑room IoT devices...

By Hotel Business
Northshore Development Buys Hilton in Baton Rouge for $40.5M
News•Feb 13, 2026

Northshore Development Buys Hilton in Baton Rouge for $40.5M

Orlando-based Northshore Development has acquired the Hilton Baton Rouge Capitol Center, a 291‑room riverfront hotel, for $40.5 million. The deal, brokered by Marcus & Millichap, took a year to close and involved several stakeholders. The new owners intend to reposition the...

By Hotel Business
U.S. Hotel Results for Week Ending Feb. 7
News•Feb 13, 2026

U.S. Hotel Results for Week Ending Feb. 7

The U.S. hotel sector posted modest year‑over‑year gains for the week ending Feb. 7, with occupancy at 56.4% (+1.1%), ADR at $158.69 (+1.7%) and RevPAR at $89.55 (+2.8%). San Francisco led the top‑25 markets, driven by Super Bowl LX, posting occupancy of 78.7%...

By Hotel Business
AC Marriott Hotel Ann Arbor Downtown Debuts
News•Feb 13, 2026

AC Marriott Hotel Ann Arbor Downtown Debuts

First Martin Corporation and First Hospitality have opened the AC Marriott Hotel Ann Arbor Downtown, a six‑story, 81,745‑sq‑ft property featuring 139 guest rooms. The hotel showcases a "Modern Industrialist" design with local art, custom copper metalwork, and a sixth‑floor lounge...

By Hotel Business
Kemmons Wilson, Ascendant JV Completes Acquisition of Sotherly Hotels
News•Feb 13, 2026

Kemmons Wilson, Ascendant JV Completes Acquisition of Sotherly Hotels

Kemmons Wilson Hospitality Partners and Ascendant Capital Partners, through their joint venture KW Kingfisher LLC, have completed the acquisition of Sotherly Hotels for $2.25 per share in cash. The deal, approved by Sotherly shareholders on Jan. 22, adds ten full‑service...

By Hotel Business
Quality Inn & Suites Kissimmee by the Lake Sold
News•Feb 13, 2026

Quality Inn & Suites Kissimmee by the Lake Sold

DSH Hotel Advisors arranged the sale of the Quality Inn & Suites Kissimmee by the Lake, originally listed at $10.9 million, though the final price remains undisclosed. The firm acted as exclusive advisor for both seller JC Investments FL LLC and...

By Hotel Business
Kemmons Wilson Hospitality Partners and Ascendant Capital Partners' JV Completes Acquisition of Sotherly Hotels
Deals•Feb 13, 2026

Kemmons Wilson Hospitality Partners and Ascendant Capital Partners' JV Completes Acquisition of Sotherly Hotels

Kemmons Wilson Hospitality Partners (KWHP) and Ascendant Capital Partners, through their joint venture KW Kingfisher LLC, completed the acquisition of Sotherly Hotels Inc., purchasing all outstanding shares at $2.25 per share in cash. The deal, approved by Sotherly shareholders on...

Hotel Business
Northshore Development Acquires Hilton Baton Rouge Capitol Center for $40.5M
Deals•Feb 13, 2026

Northshore Development Acquires Hilton Baton Rouge Capitol Center for $40.5M

Orlando-based Northshore Development has acquired the Hilton Baton Rouge Capitol Center, a 291‑room historic hotel in downtown Baton Rouge, for $40.5 million. The transaction was facilitated by Marcus & Millichap, which exclusively represented the buyer. The acquisition positions Northshore to reposition...

Hotel Business
First Hospitality Adds Lance Hornecker to Lead Global Sales Office
News•Feb 12, 2026

First Hospitality Adds Lance Hornecker to Lead Global Sales Office

First Hospitality has created a dedicated global sales office led by newly appointed Managing Director‑Global Sales Lance Hornecker. The move adds seasoned sales talent, including Amanda Stredney and Kate Westover, to support group, corporate, meetings, events, leisure and travel‑industry demand...

By Hotel Business
Dreamscape Hospitality Adds Two Hotels in Stevens Point, WI
News•Feb 12, 2026

Dreamscape Hospitality Adds Two Hotels in Stevens Point, WI

Dreamscape Hospitality has taken over management of two Holiday Inn properties in Stevens Point, Wisconsin – the full‑service Convention Center hotel and the Express & Suites. Together the hotels offer 215 guestrooms, more than 38,000 square feet of flexible meeting...

By Hotel Business
Luxury, Upper-Upscale Hotels Fuel Hyatt Q4 RevPAR Growth
News•Feb 12, 2026

Luxury, Upper-Upscale Hotels Fuel Hyatt Q4 RevPAR Growth

Hyatt Hotels reported a 4% comparable system‑wide RevPAR increase in Q4 2025, the strongest growth among luxury and upper‑upscale chains. All‑inclusive resort RevPAR surged 8.3% in the quarter and 8.6% for the full year, while net rooms expanded 7.3% YoY,...

By Hotel Business

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