Alan Woinski

Service Properties Trust sold five hotels for a combined sales price of $75.5 million. New World is selling the Rosewood London. And other hotel deal and development news.

Prism, the parent company of Oyo, has received shareholder approval to raise up to INR 66.5 billion (US$744 million) through a fresh issue of equity shares as part of its proposed initial public offering. Plus, other hotel news.

Sonesta International said it had opened 45 hotels that expand the portfolio of private equity franchisee NPA. Plus, more hotel deal and development news.

City Express by Marriott has reached 100 signed agreements in the U.S. and Canada. Plus, more hotel deal and development news.

CoStar/STR reported the Ashes Tour boosted hotel performance in Perth and Brisbane, while forward booking levels are peaking above 95% in Adelaide. Plus, more hotel deal and development news.

Service Properties Trust sold 5 hotels with a total of 679 keys located in four states for a combined price of $47 million. Plus, more hotel deal news.

Indonesia’s central government has opposed Bali’s proposed Airbnb ban, citing tourism and SME risks. Plus, more hotel deal and development news.

New hotel openings include Hilton's Slackline Moab, Hyatt Place Bozeman and Sonesta's Dry Creek Inn; Shamin breaks ground on 270-room Virginia project.

The mass cancellation of flights by IndiGo in India has resulted in a lot of cancellations of meetings and trips that are impacting hotels. Plus more hotel news.