Post-Boom Period: Slowing U.S. Hotel Industry Performance Growth Hitting Development and Transactions
The U.S. hotel sector posted healthy performance growth during the first quarter of 2023 despite ongoing economic concerns presenting more hurdles for the leisure...
Choice Hotels Opens Cambria Hotel Copper Mountain
ROCKVILLE, Maryland—Choice Hotels International, Inc. continued the expansion of its upscale brand, Cambria Hotels, with the opening of the Cambria Hotel Copper Mountain. The...
Hotel Indigo Panama City Marina Opens
Hotel Indigo, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, expanded its presence in Florida with the opening of Hotel Indigo Panama...
BWH Hotels Grows Global Footprint
Phoenix, Ariz. – BWH Hotels announced the addition of several new properties to its global portfolio, expanding its 19 brands across every chain scale...
Tribute Portfolio Opens HONEYROSE Hotel in Montreal
BETHESDA, Md. – Tribute Portfolio, one of Marriott Bonvoy's 31 hotel brands, announced the brand's first property in Montreal, Canada: HONEYROSE Hotel, Montreal, a...
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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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