Galaxy
adds 10 to G6 Hospitality. Frisco, Texas-based Galaxy Hotels Group is adding 10 hotels to G6 Hospitality’s franchise network, with more to be added in the coming months. As part of this deal, 10 hotels with over 1,300 keys will become part of
Motel 6 and Studio 6. Noteworthy additions include the 308-key Studio 6 Suites Las Vegas, the 139-key Motel 6 Las Vegas – I-15 Stadium and the 160-key Motel 6 Las Vegas – Boulder Highway. The full portfolio also spans Motel 6 hotels in Modesto, Santa
Rosa and San Jose in California, as well as Lakewood, Fort Collins, Thornton and Colorado Springs in Colorado.
NYC hotel
acquired. Los Angeles-based Republic Investment Co. and New York City-based Capstone Equities have acquired the 100-key Smyth Tribeca, a key boutique hotel in New York City. Rebel Hotel Co. will operate the hotel and lead the property’s luxury repositioning.
The hotel opened in 2009 and has received more than $10 million in capital investments, with the next phase of renovations scheduled for 2026. This is the seventh NYC asset acquired by Republic and Capstone.
Arbor
acquires in Illinois. Chicago-based Arbor Lodging Partners has acquired the 295-key Eaglewood Resort & Spa resort in Itasca, Illinois, from an undisclosed seller for an undisclosed amount. The property is set on 102 acres and has an 18-hole, USGA-certified
championship golf course that is hosting the 2026 Presidents Cup. JLL brokered the sale. Hotel Investment Today recently spoke with Arbor Lodging Co-Founder and
CEO Vamsi Bonthala about the company’s current and future strategies.
Dallas hotel sells. An affiliate of Newton, Massachusetts-based Service Properties Trust (SVC) has sold the 160-key Sonesta Select – Dallas Central Expressway to a Texas-based hotel investment group for an undisclosed amount. The property will undergo extensive
renovations. SVC has been selling 114 Sonesta-managed hotels this year and transitioning them to long-term franchise agreements with the company. HREC Investment Advisors arranged the sale.
Avion
adds in Houston. Plano, Texas-based Avion Hospitality has assumed management of the dual-branded 298-key Hyatt Place Houston Medical Center and Hyatt House Houston Medical Center in Texas on behalf of the owners, TMC Hotel Ltd. Avion’s management
portfolio now includes 31 hotels in 13 states.
TUI adds
in Malaysia. Hong Kong-based TUI Hotels & Resorts APAC team has signed its second hotel management agreement for the TUI Blue brand in Malaysia. The upcoming hotel will be located in Medini and is scheduled to open in August 2026.
Auction
of hotels announced. New York City-based RealINSIGHT Marketplace has announced a previously unscheduled auction event on August 20 along with those in previously scheduled auctions on August 13 and September 10 that will feature a combined portfolio
of hospitality assets across seven U.S. states. The sale features a diverse portfolio of hotel properties located across Texas, Missouri, Mississippi, Wisconsin, Kentucky, Minnesota and Ohio, with starting bid prices ranging from $650,000 to $3,225,000.
Travelodge
acquires 4 in the UK. U.K.-based Travelodge has acquired four former Ibis hotels as part of its U.K. growth strategy focused on rebrand opportunities. The announcement brings the number of other operators’ hotels acquired by Travelodge this
year to 16. Located in Preston, Bradford Shipley, Chesterfield and Cardiff, the hotels comprise a total of 324 rooms.
Sunstone
Hotel Investors earnings. Aliso Viejo, California-based REIT Sunstone Hotel Investors said its total portfolio RevPAR increased 2.2% year-over-year to $241.22 as part of its second-quarter earnings. CEO Bryan Giglia said the REIT’s portfolio performed
in line with expectations in Q2, with solid corporate group and business travel demand partially offset by a more price-sensitive leisure traveler and weaker government travel. In Q2, the REIT divested the Hilton New Orleans St. Charles for $47 million
to HRI Hospitality LLC. The company also invested $56 million into its portfolio with renovations at the Andaz Miami Beach, Wailea Beach Resort in Hawaii, the Hyatt Regency San Antonio Riverwalk and Hilton San Diego Bayfront.
Chatham
Lodging earnings. West Palm Beach, Florida-based REIT Chatham Lodging Trust said its portfolio RevPAR decreased 1% YOY, but its GOP hotel margins rose 30 basis points as part of its second-quarter earnings. CEO Jeffrey Fisher said after a weak April,
RevPAR turned positive in May and June. The REIT completed the sale of five hotels in Q2: the 144-key Homewood Suites Bloomington, Minnesota for $14 million; the 143-key Homewood Suites Maitland, Florida for $15 million; the 121-key Homewood Suites
Brentwood, Tennessee for $15 million; the 120-key Hampton Inn and Suites Houston for $16 million; and the 197-key Courtyard by Marriott Houston for $23 million. The REIT incurred capital expenditures of approximately $9 million in Q2.
