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Better fundamentals and likely lower interest rates are expected to drive more hotel deals in 2024.
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The Miyako Hotel is set to debut at Campus at Legacy West in early 2027.
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Hospitality executives projected confidence in the strength of business and group travel in Q1 earnings calls. They were less certain about leisure trends.
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The sub shop franchisor has more than 3,000 locations nationwide, and Blackstone aims to accelerate its expansion.
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San Francisco hotel owners and operators remain upbeat about the sector despite its looming debt problem.
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The $250M co-lending construction program will provide loans to owners and developers looking to convert or construct hotels under select IHG brands.
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On June 17, Hyatt paid $2.6B for all of Playa Hotels & Resorts' outstanding shares, acquiring the portfolio.
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The $10B One Beverly Hills development seeks to create a new luxury address for the ultrarich.
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MCR pulls back on $200M committment to help take Soho House private.
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Despite upping its holdings in Dalata to nearly 10%, Scandinavian consortium Pandox is yet to make a formal bid for the Irish hotel group.
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