Kim Woinski

Virgin Hotels has sold its 250-room hotel in Chicago to a firm specializing in converting properties into timeshare investments. Plus more hotel deals and development news.

Marriott International has completed its acquisition of the citizenM lifestyle brand, which includes 37 open hotels. Plus, other development news.

Hilton Grand Vacations reported a relatively in-line quarter. Plus, more hotel deal and development news.

Hilton and Travel + Leisure kicked off the industry’s earnings season.

Bloomberg reported that Japan’s Seibu Holdings is close to signing a deal to acquire the eight-property Ace hotel brand. Will it sell for about $85 million? Read about that and other hotel development deals and news.

Scandic Hotels will manage Dalata's hotels in the UK and Ireland, expanding the group outside of Scandinavia. And more hotel deal and development news.

CoStar said the volume of US hotel rooms under construction decreased year over year for a sixth consecutive month, down by almost 12%.

Hilton surpasses 500 open hotels across Florida. Minor Hotels debuts four brands. A couple of dual-brand hotels open. And more hotel development news.

Overseas visitor volume to the U.S. in April was up modestly year-over-year. Plus, LVMH sells its only U.S. hotel, and a lot of other hotel development news.