The announcement appears to be related to a drop in demand for Hilton’s Hampton Inn brand, which Nassetta said has experienced some growing pains after increasing its average daily rate.

El San Juan Resort & Casino has been sold. An affiliate of Blackstone has sold the property to a partnership including Leon, Mayer & Co, Fundamental Advisors LP and Aimbridge Hospitality.

The Canadian hotel industry reported mostly positive results in the three key performance metrics for the second quarter of 2015.

Viva Wyndham Resorts announced the second phase of its renovation to its all-inclusive Fortuna Beach Resort located in Freeport on Grand Bahama Island.

Carlson Rezidor Hotel Group announced the expansion of Radisson Blu in Latin America with three hotels.

Old Bahama Bay Resort & Yacht Harbour has joined MasterCard Worldwide’s ‘Priceless Cities’ global platform.