Esther Hertzfeld

GrandStay Hospitality names Mary Sandberg president of the company. | Mary Sandberg assumes the role while past president Jon Kennedy joins the board of directors.

CoralTree Hospitality has assumed management of the DoubleTree by Hilton Park City - The Yarrow, a hotel located in downtown Park City, Utah. | DoubleTree by Hilton Park City - The Yarrow is located in downtown Park City, Utah.

Viceroy Hotels & Resorts adds four strategic new hires to its global leadership team: Chief Commercial Officer Patrick Pahlke; David Solis, vice president, global luxury and leisure sales; Mega | Patrick Pahlke, David Solis, Megan Mulholland and Shel Buhler have joined the company in various leadership roles.

Americans are heading into 2026 with a more cautious approach to international travel, according to a new YouGov report. | Rising costs drove 43 percent of international travelers to cut back this year, while 60 percent of Americans didn't travel abroad.

Maine Course Hospitality Group broke ground on The Ballad Hotel, a 158-room Tapestry Collection by Hilton property in Clearwater, Fla. | The Ballad Hotel is a new 158-room Tapestry Collection by Hilton in Clearwater, Fla.

BPR Properties sold a two-property, 184-room hotel portfolio sale in Salisbury, N.C. | JLL Hotels & Hospitality Group arranged sale of 184-room hotel portfolio.

Ashford Hospitality Trust's board of directors has formed a special committee to evaluate strategic alternatives to maximize shareholder value, including a potential transaction. | The Dallas-based REIT forms a special committee to weigh its options.

Phoenix-based Hospitality Capital Partners, along with its equity partner National Property Advisors, acquired a portfolio of five hotels totaling more than 665 rooms from Service Properties Trust | Service Properties Trust sold the Arizona market portfolio.

Real estate investment firm Newbond Holdings has added two senior level executives to its asset management team, expanding its capabilities as it continues to scale its hospitality portfolio. | Anjali Agarwal joins as SVP of asset management and Hampus Streiffert is VP of asset management.

Hilton debuts Slackline Moab, Outset Collection by Hilton, a new property designed for explorers, outdoor enthusiasts and modern nomads. | Slackline Moab is the first hotel in the brand, located near Arches and Canyonlands National Parks.