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GIC Purchases 16 Marriott Four Points Flex Hotels in Japan for $800M
GIC acquired 16 Marriott-operated hotels in Japan for approximately ¥125 billion ($800 million). Marriott will continue operating the properties under Four Points Flex by Sheraton.
Choice Hotels Expands Upscale Portfolio with Six New Openings
Choice Hotels International opened six new upscale properties across Florida, Colorado, Vermont, and Wisconsin, pushing its portfolio beyond 300 hotels. Wyndham Hotels & Resorts increased its share repurchase authorization by $400 million.
Azul Hospitality Converts Sheraton Carlsbad Resort to Hotel Solea Autograph Collection
Azul Hospitality Group finalized the conversion of Sheraton Carlsbad Resort & Spa into Hotel Solea, Autograph Collection in March 2026. The multimillion-dollar renovation preserved operations during transformation, repositioning the 201-room resort for lifestyle travelers and groups.