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Four
Seasons Jacksonville update. Chicago-based Shanna Collective and Jacksonville,
Florida-based Iguana Investments are developing the Four Seasons Hotel and
Residences Jacksonville, scheduled to debut in 2027. The project will include a
170-key hotel and 26 private residences and will also have direct frontage to a
78-slip marina. The project has launched residential sales in partnership with
Douglas Elliman.

Parable
Hospitality launches. Aliso Viejo, California-based Parable Hospitality has launched as a new hotel
management platform. The company said rather than applying a standardized
operating model, it organizes operations around the individual story, place and
potential of each property. At launch, Parable Hospitality oversees more than
30 independent, lifestyle, soft-branded and branded hotels across destinations
in California and Hawaii. Expansion is underway into select markets in the
Western U.S.

Shatterproof
raises $2.1M. Shatterproof, a national nonprofit organization and leader in transforming how
the health care system addresses and treats substance use disorder, honored
Anthony Capuano, president and CEO of Marriott International, with the 2026
Shatterproof Hospitality Hero Award on January 27, 2026, during the Ninth
Annual Shatterproof Hospitality Heroes Reception, held in conjunction with ALIS
in Los Angeles. The hospitality companies gathered helped raise an all-time
high of $2.1 million for the event. Shatterproof was founded in 2012 by Gary
Mendell, co-founder of HEI Hotels & Resorts, who lost his son Brian to
addiction in 2011 and now serves as Shatterproof’s chairperson emeritus.

Extended-stay
occupancy at 12-year low. Despite the fastest quarterly demand growth in 2025, the accelerating
increase in supply sank extended-stay hotel average occupancy to its lowest
fourth-quarter level since 2013, excluding pandemic-impacted 2020, according to
The Highland Group. However, decelerating RevPAR losses towards year-end
indicate that the resumption of RevPAR growth is approaching. “The moderation
and distribution of extended-stay hotel supply growth, as well as the
performance of the overall hotel industry, will be key factors in the timing of
a return to positive change in total extended-stay hotel RevPAR,” said Mark
Skinner, partner at The Highland Group.

Palm
acquires in South Florida. Toronto-based Palm Holdings has acquired the 199-key Delta Hotels by
Marriott West Palm Beach in South Florida from an undisclosed seller for an
undisclosed price. Kabani Hotel Group brokered the off-market transaction.
Originally acquired two years ago as a Holiday Inn, the property underwent a
renovation and brand conversion to Delta Hotels by Marriott.

Winnipeg hotel sells. TriCan Advisory has acquired the former
Maryland Hotel in Winnipeg from Amarjeet Warraich for an undisclosed amount.
The new owner plans $3-4 million in renovations and a new restaurant. The
60-key hotel is closed for now, and renovations are expected to take three to four months to complete. Warraich bought the hotel in 2003, which was known as the
Maryland Motor Hotel and Maryland Hotel for decades before it was rebranded
around 2012, first as an Econo Lodge and, most recently, as a New Lodge.