Newbond Holdings and Conversant Capital Close Acquisition of Two Major San Francisco Hotels
The $408 million deal gives the partnership control of roughly 10% of San Francisco's hotel inventory amid the city's hospitality recovery.
Press Releases
Hotel Projects Scheduled to Start Construction within the Next Twelve Months Surge Year-Over-Year in Canada
As seen in the latest Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of 2025’s third quarter, the total country’s pipeline reached 333 projects with 44,659 rooms, representing year-over-year (YOY) growth of 2% in projects and a robust 9% YOY increase in rooms.
Dallas Reaches New Milestone with 197 Projects and Leads the Nation’s Hotel Construction Pipeline at Q3 Close
As seen in the Q3 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the third quarter, the five markets with the largest hotel construction pipelines are led by Dallas with 197 projects and 24,310 rooms, followed by Atlanta with 160 projects accounting for 18,239 rooms, Nashville with a record-high 130 projects and 17,183 rooms, Phoenix with 125 projects/16,481 rooms, and Austin with 124 projects accounting for 14,486 rooms.
Sonesta Debuts Americas Best Value Studios By Sonesta
Sonesta International Hotels Corporation (Sonesta) today announced the debut of Americas Best Value Studios by Sonesta, an extended stay extension of Sonesta’s most franchised brand, Americas Best Value Inn (ABVI). This new brand type within the ABVI portfolio is designed to meet the growing demand for value-driven, longer-term accommodations.
Hotelier & Hospitality Pioneer, Jon Blanchard, Launches JB Hotel Group
Visionary hotelier and hospitality pioneer Jon Blanchard announces the launch of JB Hotel Group, a Los Angeles based, real estate development, investment, and asset management firm dedicated to creating exceptional destinations that blend luxury, comfort, and timeless design. Formerly known as BLVD Hospitality, JB Hotel Group builds on Blanchard’s acclaimed legacy of transforming culturally rich, often overlooked markets into globally recognized hospitality landmarks.
Marriott International and Hawkins Way Capital Announce Five Signed Agreements to Launch Series by Marriott™ in the United States
Marriott International, Inc. and Hawkins Way Capital announce signed agreements to convert five properties to the Series by Marriott™ brand in key U.S. markets, including Miami, Santa Monica, San Francisco, Chicago, and San Diego. Marking the brand's official debut in the country, these agreements reflect a significant milestone for Series by Marriott™ and reinforce Marriott's commitment to expanding regionally rooted, quality offerings in the Marriott Bonvoy® portfolio.
Delaware North acquires Cactus Moon Lodge, a resort-style, special-event venue near Austin, Texas
Delaware North, a global hospitality and entertainment company, has acquired Cactus Moon Lodge, a resort-style, special-event venue set on a hilltop and surrounded by a scenic 22-acre property in the Texas Hill Country.
Marriott International and Noble Investment Group Break Ground on Their 10th StudioRes Hotel, Scaling New Extended Stay Brand
Noble Investment Group (“Noble”) and Marriott International, Inc. (“Marriott”) today announced their 10th groundbreaking together on a StudioRes hotel. A milestone for both companies, this groundbreaking marks the continued expansion of Marriott’s new extended stay brand and advances Noble’s leadership in branded long-term accommodations, an institutional asset class at the intersection of hospitality and flexible stays.
Hilton Surpasses 200 Hotels in Canada, Accelerates Multi‑Brand Expansion
Hilton is celebrating a major milestone: more than 200 hotels are now open and welcoming travelers across Canada. This achievement, highlighted by the most recent openings of Hôtel Vallea Bromont, Tapestry Collection by Hilton, Home2 Suites by Hilton Woodstock ON and Spark by Hilton Toronto Mississauga - reflects the hospitality company’s successful multi-brand growth strategy. With a primary focus on expanding its focused service, extended stay, and lifestyle brand portfolios, Hilton continues to broaden its footprint while delivering signature hospitality, warmth, and innovation in destinations ranging from iconic city centers to emerging leisure and event hubs nationwide.
Everhome Suites Marks Major Milestone with Multi-Market Growth Surge
Everhome Suites, the midscale extended stay brand from Choice Hotels International, Inc. (NYSE: CHH), continues to grow its nationwide footprint with the opening of seven new properties across diverse and strategic markets in the United States. Choice Hotels now has 17 Everhome Suites open, 16 under construction, and 45 in the pipeline. The brand is on track to have nearly 25 hotels open by the end of the year.
HP Athens and Southern Hospitality Group Sell Hyatt Place Athens Downtown
Hunter Hotel Advisors (Hunter) today announced the sale of the 190-key Hyatt Place Athens Downtown in Athens, Ga. HP Athens, LLC, advised by Paul Breslin of Horwath HTL, and Andrew Cajka of Southern Hospitality Group, the hotel’s part owner and operator, sold the property to a local investor on August 20, 2025. The buyer has selected Pyramid Global Hospitality to manage the hotel.
Trinity Investments Forms Strategic Partnership with Certares Through Majority Sale of Hyatt Regency Greenwich
Trinity Investments (“Trinity”), a private real estate investment firm specializing in hotels and hospitality, has sold a majority interest in Hyatt Regency Greenwich to an affiliate of Certares Real Estate Management LLC (“Certares”), a leading global investment firm focused on the travel and hospitality industries. This marks another successful collaboration between Trinity and Certares, who partnered in 2021 to purchase the EAST Miami hotel, a property that has seen strong growth under their joint ownership.
Hospitality Asset Managers Association (HAMA) Opens 2025 Student Case Competition
Officials of the Hospitality Asset Managers Association (“HAMA”) today announced that the organization has begun accepting submissions for the 20th Annual HAMA Student Case Competition. Students from more than 60 participating undergraduate and graduate programs nationwide have been given a management company change scenario to analyze and formulate a recommendation to improve the business. HAMA has partnered with HotStats, a global leader in financial benchmarking for hotels, and Lodging Analytics Research & Consulting (LARC), to provide critical reports identical to what HAMA members utilize on an ongoing basis to student participants.
Canada's Hotel Construction Pipeline Up Slightly at Q2 2025 Close, Led by Growth in Ontario and Vancouver
The Q2 2025 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that there are 333 projects/44,764 rooms in the country's total pipeline at the close of the quarter, representing a 3% increase in projects and an 11% increase in rooms year-over-year (YOY).
Dallas Leads U.S. Hotel Construction at Q2 with Record High Pipeline; LE Debuts 2027 New Hotel Openings Forecast
According to the recent Q2 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines are led by Dallas with 199 projects and a new record-high 24,497 rooms. Atlanta follows with 165 projects/19,027 rooms, then Nashville with 128 projects/17,025 rooms, Austin with new record-high project and rooms totals of 125 projects/14,598 rooms. Phoenix follows with 123 projects/16,228 rooms. All of these markets show year-over-year (YOY) growth at Q2 with the most substantial being Austin with a 10% YOY increase by projects and a 7% increase by rooms.
U.S. Hotel Construction Pipeline Stands at 6,280 Projects at the End of Q2 2025; Early Planning Shows Strong Growth
As seen in the Q2 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,280 projects with 737,036 rooms in the pipeline. This represents a 3% year-over-year (YOY) increase in both projects and rooms compared to Q2 2024 totals.
Rod Clough Achieves Prestigious MRICS Designation, Strengthening HVS Americas' Leadership in Global Hospitality Consulting
HVS is proud to announce that our President of the Americas, Rod Clough, MAI, MRICS, has earned the prestigious Member of the Royal Institution of Chartered Surveyors (MRICS) designation. The MRICS designation is a highly respected global standard of professionalism and excellence, indicating competence and credibility in various real estate areas, such as valuation, property assessments, and property management.
Newport Hospitality Group Expands Columbia Portfolio with TownePlace Suites Columbia Northwest/Harbison
Newport Hospitality Group (NHG) proudly announces the addition of the TownePlace Suites by Marriott Columbia Northwest/Harbison to its portfolio of managed hotels. Located at 438 Columbiana Drive, this 99-suite extended-stay property officially joined the Newport family on June 26, 2025. It is owned by Fenil Desai, representing his first Marriott hotel investment.
U.S. hotel construction fell for sixth consecutive month
The volume of U.S. hotel rooms under construction decreased year over year for a sixth consecutive month, according to CoStar’s June 2025 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Hilton Surpasses 500 Hotels in Florida, Fueled by Multi‑Brand Expansion and Deepening Coastal Footprint
Hilton (NYSE: HLT) announces a major milestone, surpassing 500 open hotels across Florida - marking a new chapter of growth fueled in part by its expanding portfolio of lifestyle brands, including the upcoming debut of Tempo by Hilton in the Sunshine State. With this achievement, Hilton reinforces its commitment to delivering unforgettable stays in some of Florida’s most iconic and emerging coastal and urban destinations.