DiamondRock Hospitality Company Acquires The Bellmoor Inn & Spa
DiamondRock acquires The Bellmoor Inn & Spa in Rehoboth Beach, DE for $31M ($392K per key), targeting a stabilized NOI yield of ~9.5% after capital improvements.
DiamondRock acquires The Bellmoor Inn & Spa in Rehoboth Beach, DE for $31M ($392K per key), targeting a stabilized NOI yield of ~9.5% after capital improvements.
Coury Hospitality, now managing 40+ US hotels after doubling its portfolio in 2025, has been appointed by ACORE Capital to manage THE RIVVY in Chicago and Marriott Tacoma Downtown.
Luxury Simplified Retreats, a South Carolina coastal villa operator founded in 2012, joins Nocturne Luxury Villas Collection, expanding the portfolio to nearly 1,600 homes across North America and the Caribbean.
Hyatt targets U.S. expansion across 300+ submarkets with a structured financing program for Hyatt Studios, a redesigned Hyatt Place prototype cutting build costs by 25%, and new conversion brands.
Travel + Leisure Co. and Wyndham will co-develop hotels under the Sports Illustrated Resorts brand, targeting college towns and urban markets with properties planned for Nashville, Chicago, Baton Rouge, and Tuscaloosa.
Aimbridge takes over management of the 456-key Westin Cincinnati and is named future operator of the 700-key Cincinnati Downtown Marriott, a $828M Convention District development set to open after its July 2026 groundbreaking.
Concord Hospitality adds 12+ hotels and restaurants to its management portfolio, including properties in Washington D.C., New Jersey, and North Carolina under Hilton, Marriott, and independent flags.
Red Roof's annual brand conference outlined upgrades to Red Roof PLUS+, a revamped RediRewards loyalty program, AI-powered digital platform, LED lighting rollout, and expansion into Canada and the western US.
FIU's Chaplin School of Hospitality Tourism Management launches the FIU Cruise Excellence Center, backed by a CEO-level advisory board, to drive cruise industry research, talent pipelines, and executive education from Miami.
SCP, a 10-property wellness-focused boutique hotel brand, has launched a Regulation CF public investment campaign targeting $300M in equity to grow beyond 2,000 rooms.
Reeco, an AI-powered procure-to-pay platform live at nearly 1,000 North American hotels, secured a strategic investment from Dallas Venture Capital to expand its network and accelerate growth.
The rebranded California Boutique Hotel Conference debuts April 12-14, 2027 in San Diego, with Appellation President Courtland Palmer headlining as keynote speaker.
Cooper Carry's Johnson Studio formally launches a Hospitality Interior Design practice, expanding from restaurants and bars into hotel guestrooms with projects at Ritz-Carlton, Grand Hyatt, and Westin properties.
Hyatt highlights new and upcoming Essentials Portfolio properties across the U.S., spanning six brands including Hyatt Place, Hyatt House, Hyatt Studios, and Unscripted by Hyatt, targeting leisure, business, and extended-stay travelers.
Choice Hotels opens six upscale properties across Cambria Hotels and Ascend Collection, growing its U.S. upscale portfolio to 300+ open hotels with nearly 150 in the pipeline.
BLLA announced the full program for BHOC 2026, a small-format owner conference on October 19-20 in Westlake Village, CA, focused on differentiation, guest experience, and revenue strategy for independent hotels.
Hyatt is expanding its luxury Americas portfolio with three Park Hyatt openings in Mexico, new Unbound Collection additions, Alila Mayakoba, and three Grand Hyatt resorts debuting in Q4 2026.
Lodging Dynamics adds the 246-room Four Points by Sheraton Anaheim to its managed portfolio, converting a consulting engagement that delivered 60%+ guest satisfaction gains into a full management contract.
With major brand families averaging 24 flags each and total franchise fees outpacing revenue growth, owners face a sharper-than-ever tradeoff between brand affiliation benefits and the true cost of flying a flag.
Aimbridge assumes management of 10 Hilton, Marriott, and Hyatt select-service hotels owned by a Prospect Ridge and Fulcrum Hospitality joint venture, spanning seven U.S. states.