The organization's executive team has executed more than $2 billion in transactions, including acquisitions, dispositions, recaps and development.
The French hotel giant already owns more than 50 percent of Orbis' shares, and is offering $501 million for the rest.
Hilton has signed a franchise agreement with Goldenflamingo Ida to open The Emerald House Lisbon, Curio Collection by Hilton in the Portuguese capital.
Third-quarter research shows where hoteliers should buy and sell as they look out over the next few years.
According to analysts, more than 30 percent of the current total Africa pipeline—both preconstruction and in development—is in French-speaking Africa.
Mexico’s RLH Properties, founded by BK Partners, bought the Villa Magna hotel in Spain's capital for €210 million.
The company purchased the 480-room Hilton Houston North and 390-room Marriott Houston North, with plans to renovate both properties.
To encourage hotel development, Morocco's government has lifted visa restrictions and reached out to global investors.
The 134-room boutique hotel is located in Palm Beach, Fla. Dream Hotel Group also appointed Emily Nichols as GM of the resort.
The 5,958-room portfolio consists of 53 Marriott and Hilton properties in the select-service and extended-stay segments.