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Hotel ownership, development, design and technology news.

AC Marriott Hotel Ann Arbor Downtown Debuts
NewsFeb 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
NewsFeb 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
NewsFeb 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
First Hospitality Adds Lance Hornecker to Lead Global Sales Office
NewsFeb 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
NewsFeb 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
NewsFeb 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