Choice Announces Proposal to Acquire Wyndham
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc. at a price of...
Growth Spurts: EOS’s Mark Keiser Finds His Career Niche and Ultimately Gives Back to...
EOS Hospitality President and Chief Development Officer Mark Keiser realizes he’s been lucky—to have had the opportunity to travel at a young age, to...
A Balancing Act: Most F&B Revenues Are Up From Last Year, but So Are...
For hotels in the upper tier of the market, a successful conference and group season involves a healthy contribution from F&B departments. If the...
Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography
Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626...
Mixed-Use Momentum: Multifaceted Projects Provide Developers With Financing Flexibility
Mixed-use development has long been a viable option for hotel owners looking to create multifaceted projects that drive different types of demand, but such...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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