NYC, Phoenix projected to open the most hotel rooms in 2026
CoStar data shows Phoenix trailing NYC with 3,650 rooms, while Dallas rounds out the top three with 3,558 projected openings.
CoStar data shows Phoenix trailing NYC with 3,650 rooms, while Dallas rounds out the top three with 3,558 projected openings.
The 191-room luxury waterfront property will open in March 2026 with a rooftop pool, private marina, and four dining venues.
Hilton (NYSE: HLT) today announced Apartment Collection by Hilton, a new lodging category within Hilton's growing collection brand portfolio – offering unique, spacious furnished apartments with the trusted hospitality and reliability guests expect from Hilton. Apartment Collection by Hilton will be available for booking through Hilton channels in the first half of 2026, with initial properties in the U.S. launched in partnership with Placemakr—a leading apartment hospitality brand and operator specializing in flexible, short-term and extended-stay accommodations in urban and suburban markets, with nearly a decade of experience integrating innovative hospitality solutions and trusted service.
The transaction adds nearly 1,000 units including Manhattan's 70 Pine building and expands Kasa across six major U.S. markets.
The 408-room property strengthens Crescent's partnership with Whitestone Companies and marks the management company's expansion into Columbus's downtown market.
The expansion adds 651 rooms across six properties in Québec, growing Ascend Collection's Canadian portfolio by 20% as part of Choice's accelerated growth following its consolidation of Choice Hotels Canada.
OTH will take over management of the 149-room Virginia property starting January 2026, marking its fifth East Coast contract this year.
NPA acquired 45 properties from Sonesta's managed portfolio sale, with plans to add 10 more hotels over 36 months.
AHLA supports legislation that would protect the franchise model supporting nearly 3 million hospitality jobs nationwide.
The milestone comes just over a year after introducing the midscale brand to North America, with six properties already open in 2025.
Hyatt's Essentials portfolio signed 20+ Hyatt Select deals and 70 total Hyatt Studios deals, with 50% of 2025 U.S. deals entering new markets under new leadership.
OTH Hotels Resorts adds the 179-room Crowne Plaza in Pittsburgh's South Hills to its growing East Coast portfolio.
Park Hotels sold or agreed to sell eight underperforming properties for $198 million while posting strong RevPAR growth in core markets like Hawaii and New York.
DKN Hotels acquired the 150-suite property and plans a comprehensive renovation starting Q2 2026 in partnership with PK Architects and Gensler.
Waterford adds five French Quarter properties from The J Collection, bringing its New Orleans portfolio to 11 hotels ahead of peak festival season.
Colliers forecasts U.S. commercial real estate recovery in 2026 with 15-20% transaction growth, office vacancy dropping below 18%, and hospitality supply growing 1.3%.
St. Regis launches ultra-exclusive Estates collection for historic, leisure-focused properties, with Newport Coast's Pelican Hill as the first conversion in 2027.
The 335-key Florida resort undergoes a $50 million renovation as Aimbridge's first U.S. all-inclusive property, targeting early 2026 opening.
The multi-year renovation includes 899 Atrium Tower rooms and 600,000 square feet of meeting space at the 1,610-room Dallas landmark.
Newbond Holdings and Conversant Capital acquired distressed hotel assets representing 10% of a city's inventory through a court-supervised receivership process.