Breaking
\nnews about deals, development, data and more. <\/p>\n
Highline
\nacquires in Dallas. Birmingham, Alabama-based Highline Hospitality Partners has acquired the
\n397-key Hilton DFW Lakes Executive Conference Center from an undisclosed seller
\nfor an undisclosed amount, marking the company\u2019s second acquisition in the last
\nmonth. Plano, Texas-based Avion Hospitality will manage the hotel. The hotel
\nopened in 1983 and has been institutionally owned and maintained with ongoing
\ncapital investment in recent years. Highline plans to pursue targeted
\nrenovations in the coming years, with a focus on meeting space upgrades.<\/p>\n
Hyatt
\nadds in Santa Monica. Hyatt Hotels Corp. said that the 84-key The Georgian, an oceanfront hotel in
\nSanta Monica, California, has joined The Unbound Collection by Hyatt. The
\nhotel, built in the 1930s, underwent a 2023 restoration by owner and operator
\nSanta Monica-based JB Hotel Group.<\/p>\n
Leela
\nacquires first wellness resort. Mumbai-based The Leela Palaces, Hotels and Resorts, has
\nacquired an ultra-luxury resort in Coorg for a reported 5.7 billion Indian
\nrupees ($61.7 million). This marks the brand’s entry into wellness-anchored
\nhospitality. The 71 all-villa property, set within 76 acres near Madikeri and
\nsurrounded by coffee and spice plantations, will be unveiled as The Leela Coorg
\nForest Sanctuary later this year. The Leela Coorg Forest Sanctuary features four
\nF&B venues and a 27,000 sq. ft. wellness center as well as a seven-acre
\nlake. Backed by the Brookfield Group, The Leela operates 14 properties across
\nIndia’s premier leisure and business destinations.<\/p>\n
West Dallas hotel sells.\u00a0Dallas-based Atlantic Hotel Group has sold the 103-key The Residence Inn Dallas at The Canyon in West Dallas to a private investment group doing business as Jean Valjean LLC for an undisclosed amount. The extended-stay hotel was built in 2018. Marcus & Millichap represented the seller and procured the buyer.<\/p>\n
Wyndham
\ngrowth for Trademark. Wyndham Hotels & Resorts now has more than 100 hotels open in the U.S. for
\nits Trademark Collection by Wyndham brand. Wyndham said the soft brand has doubled the size of its domestic portfolio in the last five years.
\nGlobally, the brand has grown to nearly 350 hotels with more than 100 hotels in
\nthe pipeline.<\/p>\n
Red Roof
\ngrowth in 2025. Columbus, Ohio-based Red Roof said it has increased market share, with The Red
\nCollection portfolio leading the way with a 2% gain, and Red Roof Inn gaining
\n1.1%. The company said it has a pipeline of 3,500 new rooms and new hotel
\nexecutions increased 35% year-over-year in 2025. Red Roof said it launched new
\nSMS texting technology with Sojern across all of its more than 700 properties,
\nwhich improved internal quality metrics and increased social scores.<\/p>\n
Penn
\nopening in Ohio. Wyomissing, Pennsylvania-based Penn Entertainment is opening the 203-key Hollywood Casino Columbus in Ohio on June 12. The complex will feature
\na 160,000 sq. ft. gaming facility with slot machines, table games, a retail
\nsportsbook and the largest poker room in Ohio, according to Penn. The facility
\nincludes five F&B venues and more than 16,000 sq. ft. of multi-purpose
\nbanquet and event space.<\/p>\n
Dalata
\nadds in London. Dalata Hotel Group will open its seventh hotel in London, the 370-key Maldron
\nHotel Kensington, in 2029. The hotel will be situated in a converted
\noffice building adjacent to Olympia London, which is currently undergoing a
\nmulti-million-pound overhaul.<\/p>\n
Zedwell
\nconverts in Oxford. London-based Zedwell is converting the Oxenford House in Oxford as part of the
\ncompany\u2019s U.K. expansion. This builds on the momentum of last year\u2019s
\nlaunch of the world\u2019s largest capsule hotel within the London Pavilion at
\nPiccadilly Circus, alongside the recent opening of Zedwell Underground Park
\nLane, the brand\u2019s second subterranean hotel in the U.K.<\/p>\n
Aimbridge
\nEMEA adds in the UK. Aimbridge Hospitality EMEA has added the 83-key Bournemouth West Cliff Hotel
\nand Spa in the U.K. to its management portfolio.<\/p>\n
Corinthia
\nadds in China. London-based
\nCorinthia Hotels is partnering with ShiLong Industry Co and The Geminus Group
\nto develop the 150-key Corinthia Chengdu, along with 60 branded residences. Slated
\nto open in 2032, the project will occupy a new 225-meter mixed-use tower in the
\nChengdu high-tech South Central Activity Zone.<\/p>\n
YY Group launches robotics trial. Singapore-based YY Group Holding Ltd. has launched a robotics pilot program in Las Vegas, Nevada, to begin testing hospitality and security robots in collaboration
\nwith a local Las Vegas robotics company. The pilot program is expected to run
\nfor approximately one year, with the goal of evaluating how robotics solutions
\ncan improve operational efficiency, service delivery and security across
\nhospitality environments. If the pilot program proves successful, YY Group said
\nthe initiative may lead to additional robotics deployments. <\/p>\n","protected":false},"excerpt":{"rendered":"Breaking news about deals, development, data and more. Highline acquires in Dallas. Birmingham, Alabama-based Highline Hospitality Partners has…\n","protected":false},"author":2,"featured_media":208427,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[6890,6905,6893,6889,6902,102,104,103,57134,6906,32004,110,918,6891,6903,3414,6895,6896,6901,6886,2277,242,3514,3869,1196,6892,6900,463,6894,6887,6904,6899,6897,6898,6888],"class_list":["post-208426","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-asia-pacific","tag-asset-management","tag-brands","tag-caribbean","tag-condo-hotels","tag-dallas","tag-dallas-headlines","tag-dallas-news","tag-data-and-lists","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-latin-america","tag-lifestyle","tag-luxury","tag-management","tag-mergers-and-acquisitions","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-tx\/wp-json\/wp\/v2\/posts\/208426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=208426"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/208426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/208427"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=208426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=208426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=208426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}