Breaking
news about deals, development, data and more.
Highline
acquires in Dallas. Birmingham, Alabama-based Highline Hospitality Partners has acquired the
397-key Hilton DFW Lakes Executive Conference Center from an undisclosed seller
for an undisclosed amount, marking the company’s second acquisition in the last
month. Plano, Texas-based Avion Hospitality will manage the hotel. The hotel
opened in 1983 and has been institutionally owned and maintained with ongoing
capital investment in recent years. Highline plans to pursue targeted
renovations in the coming years, with a focus on meeting space upgrades.
Hyatt
adds in Santa Monica. Hyatt Hotels Corp. said that the 84-key The Georgian, an oceanfront hotel in
Santa Monica, California, has joined The Unbound Collection by Hyatt. The
hotel, built in the 1930s, underwent a 2023 restoration by owner and operator
Santa Monica-based JB Hotel Group.
Leela
acquires first wellness resort. Mumbai-based The Leela Palaces, Hotels and Resorts, has
acquired an ultra-luxury resort in Coorg for a reported 5.7 billion Indian
rupees ($61.7 million). This marks the brand’s entry into wellness-anchored
hospitality. The 71 all-villa property, set within 76 acres near Madikeri and
surrounded by coffee and spice plantations, will be unveiled as The Leela Coorg
Forest Sanctuary later this year. The Leela Coorg Forest Sanctuary features four
F&B venues and a 27,000 sq. ft. wellness center as well as a seven-acre
lake. Backed by the Brookfield Group, The Leela operates 14 properties across
India’s premier leisure and business destinations.
West Dallas hotel sells. Dallas-based Atlantic Hotel Group has sold the 103-key The Residence Inn Dallas at The Canyon in West Dallas to a private investment group doing business as Jean Valjean LLC for an undisclosed amount. The extended-stay hotel was built in 2018. Marcus & Millichap represented the seller and procured the buyer.
Wyndham
growth for Trademark. Wyndham Hotels & Resorts now has more than 100 hotels open in the U.S. for
its Trademark Collection by Wyndham brand. Wyndham said the soft brand has doubled the size of its domestic portfolio in the last five years.
Globally, the brand has grown to nearly 350 hotels with more than 100 hotels in
the pipeline.
Red Roof
growth in 2025. Columbus, Ohio-based Red Roof said it has increased market share, with The Red
Collection portfolio leading the way with a 2% gain, and Red Roof Inn gaining
1.1%. The company said it has a pipeline of 3,500 new rooms and new hotel
executions increased 35% year-over-year in 2025. Red Roof said it launched new
SMS texting technology with Sojern across all of its more than 700 properties,
which improved internal quality metrics and increased social scores.
Penn
opening in Ohio. Wyomissing, Pennsylvania-based Penn Entertainment is opening the 203-key Hollywood Casino Columbus in Ohio on June 12. The complex will feature
a 160,000 sq. ft. gaming facility with slot machines, table games, a retail
sportsbook and the largest poker room in Ohio, according to Penn. The facility
includes five F&B venues and more than 16,000 sq. ft. of multi-purpose
banquet and event space.
Dalata
adds in London. Dalata Hotel Group will open its seventh hotel in London, the 370-key Maldron
Hotel Kensington, in 2029. The hotel will be situated in a converted
office building adjacent to Olympia London, which is currently undergoing a
multi-million-pound overhaul.
Zedwell
converts in Oxford. London-based Zedwell is converting the Oxenford House in Oxford as part of the
company’s U.K. expansion. This builds on the momentum of last year’s
launch of the world’s largest capsule hotel within the London Pavilion at
Piccadilly Circus, alongside the recent opening of Zedwell Underground Park
Lane, the brand’s second subterranean hotel in the U.K.
Aimbridge
EMEA adds in the UK. Aimbridge Hospitality EMEA has added the 83-key Bournemouth West Cliff Hotel
and Spa in the U.K. to its management portfolio.
Corinthia
adds in China. London-based
Corinthia Hotels is partnering with ShiLong Industry Co and The Geminus Group
to develop the 150-key Corinthia Chengdu, along with 60 branded residences. Slated
to open in 2032, the project will occupy a new 225-meter mixed-use tower in the
Chengdu high-tech South Central Activity Zone.
YY Group launches robotics trial. Singapore-based YY Group Holding Ltd. has launched a robotics pilot program in Las Vegas, Nevada, to begin testing hospitality and security robots in collaboration
with a local Las Vegas robotics company. The pilot program is expected to run
for approximately one year, with the goal of evaluating how robotics solutions
can improve operational efficiency, service delivery and security across
hospitality environments. If the pilot program proves successful, YY Group said
the initiative may lead to additional robotics deployments.
