Hyatt Grows Boundless Portfolio of Lifestyle Brands in the Americas
CHICAGO — Hyatt Hotels Corporation is growing its Alila, Hyatt Centric, and Thompson Hotels brands, which are part of its boundless portfolio, with nearly...
How the New Riggs Washington DC Emerged Stronger After Double-Dip Openings
Dieter Schmitz, regional general manager of Riggs Washington DC, recalls the dark days following the announcement of the nationwide business shutdowns due to the...
Remington Opens First Colorado Property: Residence Inn Steamboat Springs
DALLAS — Remington Hotels recently announced the opening of the Residence Inn in Steamboat Springs, Colorado. Cypress 16, developer of the project, and McClurg...
Hyatt and Banyan Cay Development Announce Plans for Florida’s First Destination Hotel
CHICAGO—Hyatt Hotels Corporation recently announced that a Hyatt affiliate has entered into a franchise agreement with Banyan Cay Development (BCD) to develop Banyan Cay...
Asia Pacific Pipeline, Excluding China, Holds Steady Year Over Year
PORTSMOUTH, N.H.—According to Lodging Econometrics (LE), Asia Pacific’s total hotel construction pipeline, excluding China, remained steady year-over-year (YOY) to end Q3 2020 with 1,820...
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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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