Latest news: Ohana acquires in Sedona; Studio 6 expansion; notable renovation in Denver

Ohana acquires in Sedona. Austin-based Ohana Real Estate Investors has acquired the 100-key Amara Resort & Spa, a luxury boutique hotel in Sedona, Arizona, from Denver-based Northwood Hospitality for an undisclosed amount. Northwood performed a multi-million, property-wide renovation in 2021.

New Studio 6 locations. Dallas-based G6 Hospitality, parent company of Motel 6 and Studio 6, said it has opened over 35 new Studio 6 locations in the first quarter of 2026, marking continued strong momentum for the extended-stay brand. New Studio 6 locations launched in 2026 were added in Birmingham, Alabama; Sacramento and Fresno, California; Fort Myers, Florida; Chicago, Washington, D.C., Minneapolis, Rochester and Buffalo, New York; Cincinnati; El Paso, Texas; Memphis; Oklahoma City; Milwaukee; Jacksonville; and Seattle.

Renovation in Denver. The Denver Convention Center Hotel Authority has completed a $70 million renovation of the 1,100-key Hyatt Regency Denver at Colorado Convention Center, which included upgrades to all guest rooms and common areas. The hotel includes over 60,000 sq. ft. of flexible meeting space. Through the hotel’s furniture-moving and installation vendors, approximately 90% of furniture, mattresses, lighting and artwork from previous guestrooms was resold and diverted from landfills, finding new homes across the United States.

Ohio hotel converting. A local investment in Mansfield, Ohio, is proposed to convert a former Holiday Inn in downtown Mansfield into an upscale boutique hotel, according to the Mansfield News Journal. The redevelopment, working under the name The Hearth & Forge Hotel, would involve renovating the entire hotel, which first opened in 1984. The investment group is led by Max Patel.

Hyatt Studios in Jacksonville. Chattanooga, Tennessee-based 3H Group is opening the Hyatt Studios Jacksonville / St. Johns Town Center in Florida. The hotel will be managed by Dothan, Alabama-based LBA Hospitality. This marks the third Hyatt Studios opened by the collaboration of 3H and LBA.

Palladium adds in Vietnam. Ibiza, Spain-based Palladium Hotel Group has signed a hotel management agreement with Hanoitourist to convert the Hòa Bình Hotel in Vietnam into an 80-key luxury property under its Bless Collection Hotels portfolio, marking a significant step in the company’s expansion across Vietnam. The project represents Palladium Hotel Group’s second signed property in Vietnam, following the previously announced Bless Collection Hotels resort in Ninh Van Bay, scheduled to open in 2027. Construction on this conversion is expected to begin later this year and take approximately 2 years.

Ascott adding in Vietnam. Ascott is opening Sky Vista, the newest resort tower in Vietnam, representing the second and final phase of the 190-key Lasong Hotel & Villas Sam Son by The Unlimited Collection, later this month. Ascott manages the resort, which is located where the Ma River meets Sam Son Beach. The resort complements the pre-existing Ocean Vista wing, which began operating in mid-2025 with 68 hotel rooms and 20 private villas.

Tokyo capsule hotel trades. Bauhinia Hotels Group Japan 2, a joint-venture company of Optimal Trade Holdings Ltd., indirectly owned by Hong Kong-based companies, Chinney Investments Ltd. and Hon Kwok Land Investment Co. Ltd., has entered into an agreement to sell a capsule hotel in Tokyo to Japan-based Daiwa House Industry Co., Ltd.  for JPY2.72 billion on a vacant possession basis, according to HVS. The property contains 161 capsules and five rooms. The vehicle acquired the property in August 2023 for JPY1.57 billion, and the sale represents a 73.2% increase in value.