NewcrestImage and Dabu Group Acquire Marriott Dallas/Fort Worth Westlake
In a joint venture, NewcrestImage and Dabu Group have acquired the full-service Marriott Dallas/Fort Worth Westlake. The hotel has architecture by Mexican architect Ricardo...
Valor Hospitality Continues Middle East Expansion with Second Oman Property
ATLANTA, Georgia—Valor Hospitality Partners, a global hotel management company, has announced the acquisition of its second property in Duqm, Oman—marking seven total properties in...
JLL Arranges Loan to Acquire and Renovate Aloft Tampa Downtown
NEW YORK CITY—JLL’s Hotels & Hospitality Group announced it has arranged a $29.6 million floating-rate term loan to acquire and renovate the 130-key Aloft...
OUTRIGGER Acquires Kauai Beach Resort & Spa
OUTRIGGER Resorts & Hotels announced the acquisition of Kauai Beach Resort & Spa. Located in Lihue on the island of Kauai, the resort runs...
MCR/MORSE Development Acquires Gramercy Park Hotel
NEW YORK—MCR acquired the Gramercy Park Hotel in New York City. MORSE Development, which developed the TWA Hotel at New York City’s JFK Airport,...
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View From the Top
Remington Hospitality President and CEO Sloan Dean is another “accidental hotelier,” one whose love of travel prompted him to choose a position with InterContinental...
The Mining Exchange Hotel to Open Oro in Spring 2025
COLORADO SPRINGS, Colorado—The Mining Exchange Hotel, a reimagined boutique hotel in downtown Colorado Springs, announced plans for Oro, opening in spring 2025. The new...
CoStar: U.S. Hotel Industry Reports Mixed Yearly Comparisons
ARLINGTON, Virginia—The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through March 8, 2025.
U.S. Hotel PerformanceMarch 2-8, 2025Percentage change from...
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