Alan Woinski

Newbond Holdings and Conversant Capital have closed on the purchase of the Parc 55 and Hilton San Francisco Union Square for $408 million. Plus, more hotel deal news.

New Orleans' convention center has approved a new design for a $600 million headquarters hotel run by Omni. Plus, more hotel deal news.

Hyatt Place Dhaka Uttara will be the group's first hotel in Bangladesh. Plus, more hotel deal and development news.

The City of Memphis closed on the $22 million deal to buy the Sheraton Hotel Downtown. Plus, more hotel deal and development news.

The Trump Organization is planning a Trump-branded resort in the island archipelago of the Maldives. Plus, more hotel deal and development news.

Brookfield Hotel Properties has bought the Sheraton Phoenix Downtown, a 1,003-room convention center hotel. Plus more hotel deal and development news.

Banyan Group will soon hold the opening of its 100th hotel. Marriott is entering Laos. Plus, more hotel deal and development news.

The land under the iconic Royal Hawaiian Hotel in Waikiki has been sold for $510 million. Plus, more hotel deal and development news.

China tells its citizens that Japan is unsafe to visit. Plus, hotel deal and development news from Asia Pacific.

Lodging stocks fall; Starwood modifies loan; Quadrum explores Arlo Hotels sale; and Holiday travelers plan to cut spending 18% and take fewer trips as financial concerns rise, Deloitte survey finds, including high-income Americans.