Hotel News Today: U.S. Hotel Industry News, Deals and Data
Hotel News Today is Hotelier Times’ daily roundup of U.S. hotel industry news for owners, GMs, investors and brokers: deals, openings, lending, brands, performance data and policy. Newest stories first.
Last updated: October 30, 2026 · U.S. Central time. Stories are summarized in our own words with a link to the original publisher.
29 Oct
Endeavor buys Lombard Embassy Suites out of foreclosure for $24.1M
Endeavor Hotels bought the 262-room Embassy Suites Chicago Lombard Oak Brook for $24.1 million, about $92,000 a key, from a receiver after its $25.3 million CMBS loan matured unpaid. The price beat the broker’s roughly $23 million guidance, and Endeavor plans more than $7.8 million of upgrades. It’s the latest suburban Chicago hotel to trade well below its last sale price.
29 Oct
Pebblebrook raises its 2026 outlook after an 8.3% Q3 RevPAR gain
Pebblebrook’s same-property RevPAR rose 8.3% to $256.66 in the third quarter on 7.0% ADR growth, with Chicago up 12.7% and San Francisco up 14.5%. The REIT raised full-year same-property RevPAR guidance to 7.6% to 8.0% and sold The Hotel Zags Portland for $10 million after the quarter.
City deep-dive: San Francisco Hotel Market 2026.
29 Oct
AJ Capital lands $52M refinancing for the Graduate by Hilton Princeton
GreenOak originated a $52 million loan on the 180-room Graduate across from Princeton University, with a three-year term and two 12-month extensions; CBRE arranged it. It follows AJ Capital’s $62.5 million Peachtree refinancing of the Graduate Nashville in August.
29 Oct
Wyndham Rewards adds nearly 800 vacation rentals with Homes & Havens
Wyndham’s roughly 129 million loyalty members can now earn and redeem points at nearly 800 managed vacation homes in the U.S., Caribbean, Mexico and Europe, with more to come. For franchisees, it’s another way the brand keeps members in its ecosystem on trips where a hotel isn’t the first choice.
29 Oct
Hyatt says AI has cut conversion PIPs from weeks to about a day
Hyatt CEO Mark Hoplamazian said AI now turns around property improvement plans for conversions in about a day instead of several weeks, with a full conversion platform due by the end of Q1 2027. Year-to-date signings are up 70%. Owners weighing a reflag should expect faster PIP quotes from Hyatt.
29 Oct
Atari Hotels breaks ground in Phoenix’s Roosevelt Row
Intersection Development started Phase 1 site work on the first Atari Hotels property: 91 rooms plus creator studios and a 2,000-plus-person esports and concert venue, with completion targeted for late 2028 to early 2029. The project was first announced in December 2020.
28 Oct
Hotel Six Four: a 257-room Hilton dual-brand near Mayo Clinic
Plaza Companies and Fayth Hospitality announced the groundbreaking of a six-story Tapestry Collection and Homewood Suites by Hilton at 64th Street and Mayo Boulevard in North Phoenix, less than a mile from Mayo Clinic’s Phoenix campus. Medical, corporate and leisure travelers are the target.
30 Oct
RIU buys the Grand Hyatt Barcelona, its first hotel in the city
RIU bought the 465-room former Princesa Sofía from Blasson Property Investments and BNP Paribas AM Alts and will take over operations on April 1, 2027. Spanish outlets reported the price at €280 million (Cinco Días) to about €350 million (Expansión).
29 Oct
Latin America’s hotel pipeline hits a record 783 projects
Lodging Econometrics counts 783 projects and 114,148 rooms in Latin America at the end of Q3, up 4% by projects year over year, with early-planning projects up 29%. Conversion projects also hit a record of 139 projects and 20,826 rooms.
29 Oct
Hyatt Q3: U.S. RevPAR up 8.2%, full-year outlook raised
Hyatt said comparable system-wide RevPAR rose 7.2% in the third quarter and U.S. RevPAR climbed 8.2%, helped by World Cup demand and holiday timing. It opened 3,808 rooms in the quarter, put its pipeline at about 158,000 rooms (+12.1%) and now expects full-year RevPAR growth of 5.0% to 5.5%.
29 Oct
The Hospitality Show heads to Miami Beach Nov. 2–4
AHLA and Forge’s operations-focused show runs at the Miami Beach Convention Center next week with 400-plus vendors. Hilton CEO Chris Nassetta is slated for a fireside chat on Nov. 3, and AI, labor and rising costs top the agenda.
29 Oct
Expedia Group rolls out 30-plus AI features
Expedia Group’s fall product release adds more than 30 AI-driven tools across Expedia, Hotels.com and Vrbo, including natural-language trip search and an AI voice agent for service. Hotels should expect more guests to arrive through conversational search.
28 Oct
MGM: Las Vegas Strip RevPAR falls 8% in Q3
MGM Resorts said Strip RevPAR fell to $193 from $210 as average rate slid 8% to $218 while occupancy held at 89%. CEO Bill Hornbuckle said lower room rates hurt the quarter but October has rebounded.
28 Oct
Caesars posts Las Vegas declines, skips earnings call
Caesars said Las Vegas net revenue fell 2.3% and segment adjusted EBITDA dropped 9.5% in Q3, while regional and digital grew. With its $17.6 billion go-private sale to Fertitta Entertainment pending, the company held no earnings call.
28 Oct
Hyatt to bring StandardX to Times Square with about 1,800 rooms
Hyatt and Extell Development plan The StandardX Times Square inside Extell’s 60-story tower at 255 West 45th Street, the brand’s North American debut. Opening is targeted for the second half of 2028.
28 Oct
Civitas lends $386M for 700-key InterContinental Orlando
Dallas-based Civitas Capital Group provided a $386 million senior construction loan to Flag Luxury Group and Unicorp National Developments for an InterContinental at 8001 International Drive. Vertical construction is expected to start in Q1 2027, with completion in Q3 2029.
28 Oct
Royal Sonesta Portland trades for $6.8M, down from $108.3M in 2016
The downtown Portland hotel sold to Laxmi Hotels Group from an entity tied to Service Properties Trust for $6.8 million, according to CoStar data cited by The Oregonian. It is part of an eight-hotel sale to the North Carolina buyer.
27 Oct
Oheka Castle draws $71.8M winning bid at foreclosure auction
Two partners of Long Island-based Gold Coast Property & Estate Management won the Concierge Auctions sale of the historic Huntington, N.Y., hotel and event estate. Seller Taconic Capital Advisors bought the debt in 2023, and the deal is still pending.
28 Oct
Aimbridge takes over 718-key Delta Hotels Orlando Celebration
Owner Accesso Partners hired Aimbridge Hospitality to run the Kissimmee resort following a roughly $35 million renovation. Accesso plans to add about 10,000 square feet of meeting space to chase more group business.
28 Oct
Raines breaks ground on 107-key Home2 Suites in North Augusta, S.C.
Raines will own, develop and manage the extended-stay hotel, its second Hilton-branded project in the market after a Tru by Hilton. It is expected to open in the fourth quarter of 2027.
28 Oct
Sonesta opens 99-room Signature Inn Billings
Sonesta added the renovated and rebranded upper-economy hotel in Billings, Mont., to its retro-styled Signature Inn brand, which now covers more than 20 destinations.
28 Oct
Hotel Trinity sets Nov. 5 opening in downtown Austin
White Lodging’s 258-room Hotel Trinity, Autograph Collection, at 311 E. Fifth St. opens next week with a seafood restaurant and a guest-only rooftop pool club. It is the company’s 13th hotel in Austin.
28 Oct
State loan closes gap on Virginia’s John Randolph Hotel
A $4.25 million loan approved through the Virginia Tobacco Region Revitalization Commission completes funding to restore the South Boston landmark as The Rook, a 30-room Ascend Hotel Collection property targeted for 2027.
27 Oct
Dazzler Select by Wyndham reaches 14 hotels in year one
Wyndham’s soft brand for independent hotels opened 14 U.S. properties in its first year, from Magic Moment Resort in Kissimmee to Moab Big Horn Lodge in Utah. Member hotels must keep guest ratings of 4.0 or higher.
28 Oct
Fed holds rates at 3.75–4.00% in 10–2 vote; two dissenters wanted a hike
The FOMC kept the fed funds target range at 3.75–4.00% on Oct. 28, with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting in favor of a quarter-point increase. The Fed said inflation “remains elevated,” so hotel owners with floating-rate and bridge debt tied to SOFR should not count on near-term relief.
27 Oct
U.S. hotel pipeline slips to 5,901 projects as extended stay hits 40%
Lodging Econometrics put the Q3 U.S. construction pipeline at 5,901 projects and 692,999 rooms, down 4.9% year over year. Extended stay accounts for 40% of projects; Dallas leads all markets with 184 projects and 23,646 rooms.
27 Oct
Hilton lifts full-year RevPAR outlook after a 5.8% Q3 gain
Hilton reported systemwide RevPAR up 5.8% in the third quarter and raised its 2026 systemwide RevPAR growth forecast to 4–4.5% from 3–3.5%. The company also logged a record organic openings quarter with 182 hotels and 27,000 rooms.
27 Oct
BWH Hotels rebrands as WorldHotels across 4,000-plus properties
BWH Hotels is consolidating more than 4,000 hotels and 18 brands under the WorldHotels masterbrand and a unified WorldHotels Rewards loyalty program launching Jan. 5, 2027. Property-level branding and signage stay the same.
26 Oct
Driftwood and Merrimac land $145M for Miami River hotel project
Centennial Bank is providing $145 million of construction financing for Riverside Wharf, a $350 million downtown Miami development with a 167-room hotel across two towers, plus nightclub, event and restaurant space. Completion is targeted for fall 2028.
26 Oct
Peachtree bridges The Barn Hotel in Gettysburg with $12.75M
Peachtree Group originated a $12.75 million bridge loan on the 70-room Barn Hotel inside The Barn Resort, with a planned $31.2 million USDA B&I and C-PACE takeout to finish the project.
26 Oct
Host Hotels restates $2.5B unsecured credit facility
Host Hotels & Resorts filed an 8-K for a restated $2.5 billion senior unsecured facility with Bank of America as admin agent: a $1.5B revolver plus two $500M term tranches, priced on a SOFR rating grid.
27 Oct
Legacy Lending arranges $16.5M for San Diego Hyatt Select conversion
An Illinois ownership group closed about $16.5 million of acquisition and SBA financing on a 78-key Best Western Plus in San Diego that will convert to Hyatt Select, including a $4 million SBA 504 Green loan for solar upgrades.
24 Oct
Derby Lane refinances Hyatt Regency Houston Downtown for $100.4M
Derby Lane Partners made a $100.4 million refinancing loan on the 955-key Hyatt Regency Houston Downtown, owned by an Apollo and Haberhill joint venture, about a mile from the George R. Brown Convention Center.
23 Oct
Institutional buyer takes storm-hit oceanfront hotel in Daytona Beach Shores
Alchemy Real Estate Advisors sold a 110-room, six-story oceanfront hotel on about 1.3 acres to an unnamed institutional buyer after competitive bidding. Neither the hotel name nor the price was disclosed.
22 Oct
Genting refinances Miami Hilton / Omni Center with $500M
Resorts World Omni closed a $500 million refinancing on its downtown Miami holdings anchored by the 527-room Hilton Miami Downtown and the Omni Center, with Wells Fargo as mortgagee for the lender group.
16 Oct
Hyatt Regency Waikiki $302M CMBS loan moves to special servicing
Morningstar Credit reported that Mirae Asset failed to pay off the $302 million HONO 2021-LULU SASB loan on the 1,230-key Hyatt Regency Waikiki Beach Resort & Spa at maturity; the loan was sent to special servicing and a sale process had been under negotiation.
15 Oct
Loren Group buys Thompson San Antonio for $41M after lender exit
The Loren Group acquired the 162-key Thompson San Antonio for $41 million (about $253,000 a key) from Sunrise Realty Trust and Southern Realty Trust with $32 million of seller financing, months after lenders had credit-bid the asset at foreclosure.
23 Oct
Arriba closes $35M construction loan for Tennessee Home2 Suites
Arriba Capital closed a $35 million construction loan for a Hilton Home2 Suites in Tennessee. Lodging Development’s October report counts 81 hotel projects and 13,928 rooms in the state’s pipeline.