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Hyatt plans to increase its network of select-service hotels in China, going from seven to 40 in the next three years. The select-service segment is growing at twice the pace of full-service hotels in China.
Apple Hospitality REIT Inc. of Richmond, Va., has acquired the Residence Inn Portland Downtown/Waterfront hotel in Maine for an undisclosed price. The five-story hotel has an assessed value of $15.5 million.
Brooklyn, N.Y., is joining Manhattan as a pod hotel site with next week's scheduled opening of Pod BK in the Williamsburg neighborhood. With their compact rooms, minimalist design and affordable prices, microhotels are growing in popularity with younger travelers.
The Westin New York in Times Square is putting its $1,000 bagel back on the menu for a limited time following its debut a decade ago. The bagel's toppings include gold flakes and white truffle cream cheese.