Propst Development and Chartwell Hospitality Finalize Conrad Nashville
NASHVILLE—Propst Development and Chartwell Hospitality announced they have finalized the development of the Conrad Nashville hotel. Conrad Nashville is Hilton’s first luxury-branded hotel in...
Caption by Hyatt Launches With Beale Street Memphis Hotel Opening
CHICAGO—Hyatt Hotels Corporation announced Caption by Hyatt Beale Street Memphis opened its doors, marking the launch of Hyatt’s new lifestyle brand, Caption by Hyatt....
STR: U.S. Weekly RevPAR Continues to Climb on a Nominal Basis
HENDERSONVILLE, Tennessee—U.S. hotel performance continued to climb with another weekly record established for revenue per available room (RevPAR) on a nominal basis, according to...
Recovery Composition: Returning Group Demand Meets New Trend in Rate Premium
As industry recovery has progressed, the focus has been less on overall performance metrics and more on the detailed demand composition of recovery. Transient...
Dream Hotel Group Announces Development Plans for Unscripted Wichita
NEW YORK— Dream Hotel Group—home to its Dream Hotels, Unscripted Hotels, The Chatwal, and By Dream Hotel Group brands—announced plans to open a 155-key...
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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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