Hyatt Announces Agreement to Sell Playa’s Owned Real Estate Portfolio to Tortuga for $2.0 Billion

Hyatt Hotels Corporation (the “Company”) (NYSE: H) announced today that it has entered into a definitive agreement to sell the entirety of Playa’s owned real estate portfolio, acquired from Playa on June 17, 2025, for $2.0 billion to Tortuga Resorts (“Tortuga”), a joint venture between an affiliate of KSL Capital Partners, LLC and Rodina. Hyatt can achieve up to an additional $143 million earnout if certain operating thresholds are met. The real estate transaction is expected to close before the end of 2025 and is subject to regulatory approval in Mexico and other customary closing conditions.

IHG Hotels & Resorts Strengthens Presence in Turkish Leisure Market with Second Holiday Inn Resort Signing

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces the signing of Holiday Inn Resort Bodrum West Beach, in partnership with Uslu Turizm Insaat Tasimacilik Sanayi ve Ticaret A.S. The signing follows the success of IHG’s first Holiday Inn Resort property, Holiday Inn Resort Bodrum, and adds to a growing portfolio of 33 open hotels in Turkiye and a further 17 in development.

HSMAI’s 2025 Commercial Strategy Conference Draws Record-Breaking Attendance and Accelerates Commercial Integration Across Hospitality Sectors

The Hospitality Sales and Marketing Association International (HSMAI) successfully concluded its second Commercial Strategy Conference, which took place June 16–18, 2025, at the Indianapolis Convention Center. The event welcomed a record-breaking 950 commercial professionals from across the hospitality industry, underscoring the growing momentum behind the integration of sales, marketing, distribution, and revenue optimization.

From Guests to Data to Dollars: 5 Ways Unified Hotel Tech Boosts Revenue and Loyalty

Imagine this: A guest walks into your hotel. The front desk greets them by name, already knows they prefer a room away from the elevator, and offers a complimentary drink, the same cocktail they ordered at your rooftop bar during their last stay. At breakfast the waiter suggests asks if the guest wants the usual omelet or the menu to try something new, and at checkout, they’re offered a late checkout because their flight doesn’t leave until 8 p.m.

Sonesta Executes Definitive Agreement with Aken Hotels & Resorts

Sonesta International Hotels Corporation (Sonesta) today announced the execution of a strategic alliance with AKEN Hotels & Resorts LLC, a distinguished hotel group with a growing presence across South America and the Caribbean. This definitive agreement marks a pivotal moment in Sonesta’s ongoing international growth strategy, with a concentrated focus on the high-potential Latin American (LATAM) region.