Choice Hotels Transitions Extended Stay Brand to Suburban Studios
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced its Suburban Extended Stay Hotel brand is getting a new look. Rebranded as Suburban Studios, the next-generation product...
Duetto Pulse Report: Cancellations Wane As Recovery Continues
The latest edition of the Duetto Pulse Report, which compares data from February 2022 with January 2022 and cross-references this with previous years’ performance,...
Sonesta Names John Murray President and CEO
NEWTON, Massachusetts—Sonesta International Hotels Corporation (Sonesta) announced that John Murray, a director of Sonesta since 2018, has been appointed as president and CEO effective...
Baird/STR Hotel Stock Index Increased 4.1. Percent in February 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 4.1 percent in February to a level of 5,753. Year to date through the first...
Vision Hospitality Group Approaches 25th Anniversary
CHATTANOOGA—Vision Hospitality Group celebrates its 25th anniversary beginning this April. The company’s portfolio spans the United States, and Vision plans to continue its growth with...
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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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