Breaking
\nnews about deals, development, data and more. <\/p>\n
Four
\nSeasons Jacksonville update. Chicago-based Shanna Collective and Jacksonville,
\nFlorida-based Iguana Investments are developing the Four Seasons Hotel and
\nResidences Jacksonville, scheduled to debut in 2027. The project will include a
\n170-key hotel and 26 private residences and will also have direct frontage to a
\n78-slip marina. The project has launched residential sales in partnership with
\nDouglas Elliman.<\/p>\n
Parable
\nHospitality launches. Aliso Viejo, California-based Parable Hospitality has launched as a new hotel
\nmanagement platform. The company said rather than applying a standardized
\noperating model, it organizes operations around the individual story, place and
\npotential of each property. At launch, Parable Hospitality oversees more than
\n30 independent, lifestyle, soft-branded and branded hotels across destinations
\nin California and Hawaii. Expansion is underway into select markets in the
\nWestern U.S.<\/p>\n
Shatterproof
\nraises $2.1M. Shatterproof, a national nonprofit organization and leader in transforming how
\nthe health care system addresses and treats substance use disorder, honored
\nAnthony Capuano, president and CEO of Marriott International, with the 2026
\nShatterproof Hospitality Hero Award on January 27, 2026, during the Ninth
\nAnnual Shatterproof Hospitality Heroes Reception, held in conjunction with ALIS
\nin Los Angeles. The hospitality companies gathered helped raise an all-time
\nhigh of $2.1 million for the event. Shatterproof was founded in 2012 by Gary
\nMendell, co-founder of HEI Hotels & Resorts, who lost his son Brian to
\naddiction in 2011 and now serves as Shatterproof\u2019s chairperson emeritus.<\/p>\n
Extended-stay
\noccupancy at 12-year low. Despite the fastest quarterly demand growth in 2025, the accelerating
\nincrease in supply sank extended-stay hotel average occupancy to its lowest
\nfourth-quarter level since 2013, excluding pandemic-impacted 2020, according to
\nThe Highland Group. However, decelerating RevPAR losses towards year-end
\nindicate that the resumption of RevPAR growth is approaching. \u201cThe moderation
\nand distribution of extended-stay hotel supply growth, as well as the
\nperformance of the overall hotel industry, will be key factors in the timing of
\na return to positive change in total extended-stay hotel RevPAR,\u201d said Mark
\nSkinner, partner at The Highland Group.<\/p>\n
Palm
\nacquires in South Florida. Toronto-based Palm Holdings has acquired the 199-key Delta Hotels by
\nMarriott West Palm Beach in South Florida from an undisclosed seller for an
\nundisclosed price. Kabani Hotel Group brokered the off-market transaction.
\nOriginally acquired two years ago as a Holiday Inn, the property underwent a
\nrenovation and brand conversion to Delta Hotels by Marriott.<\/p>\n
Winnipeg hotel sells. TriCan Advisory has acquired the former
\nMaryland Hotel in Winnipeg from Amarjeet Warraich for an undisclosed amount.
\nThe new owner plans $3-4 million in renovations and a new restaurant. The
\n60-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
\nMaryland Motor Hotel and Maryland Hotel for decades before it was rebranded
\naround 2012, first as an Econo Lodge and, most recently, as a New Lodge. <\/p>\n","protected":false},"excerpt":{"rendered":"Breaking news about deals, development, data and more. Four Seasons Jacksonville update. Chicago-based Shanna Collective and Jacksonville, Florida-based…\n","protected":false},"author":2,"featured_media":138033,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[3447,3468,3451,2655,3465,3469,3455,2152,740,3448,3466,3456,3453,3458,3464,3442,116,118,117,3446,555,1508,3450,3449,3463,3445,3452,3443,3467,3462,3460,3461,3444],"class_list":["post-138032","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-asia-pacific","tag-asset-management","tag-brands","tag-caribbean","tag-condo-hotels","tag-deals","tag-debt-and-equity","tag-development","tag-economy","tag-emea","tag-extended-stay","tag-financing","tag-franchising","tag-global","tag-independents","tag-insights","tag-jacksonville","tag-jacksonville-headlines","tag-jacksonville-news","tag-latin-america","tag-lifestyle","tag-luxury","tag-management","tag-mergers-and-acquistions","tag-midscale","tag-north-america","tag-owners","tag-regions","tag-timeshare","tag-upper-midscale","tag-upper-upscale","tag-upscale","tag-whats-hot-trending"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/138032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=138032"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/138032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/138033"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=138032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=138032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=138032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}