World's Tallest Modular Hotel Is Expected to Open in Late 2020 As the AC Hotel New York Nomad

Once erected over a 90-day period, the 360-foot-tall tower will represent a milestone for Marriott's ongoing initiative to encourage hotel developers in North America to embrace modular for new construction projects.

156 Room Red Lion Inn & Suites Tucson North Foothills Sold

Blue Sky Equity Partners yesterday announced that it has added to its hotel portfolio by acquiring the Red Lion Inn & Suites Tucson North Foothills and has announced plans to rename and reposition the hotel as a boutique hotel called 3 Palms Tucson North Foothills.

Marcus Hotels to Manage Hyatt Regency Hotel in Schaumburg, Illinois

The newly renovated Hyatt Regency Schaumburg is located approximately 15 miles from Chicago O’Hare International Airport and 30 miles from downtown Chicago.

LVMH Mo�t Hennessy Louis Vuitton Completes $3.2 Billion Luxury Hotel Group Acquisition

LVMH Moët Hennessy Louis Vuitton SE (LVMH.PA) and Belmond Ltd. (NYSE: BEL), owners, part-owners or managers of 45 luxury hotel, restaurant, train and river cruise properties, today declared that the acquisition of Belmond by LVMH has been completed.

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