STR: July 2021 Reported Nominal Highs in ADR and RevPAR
HENDERSONVILLE, Tennessee—In July 2021, the U.S. hotel industry reported all-time monthly highs in average daily rate (ADR) and revenue per available room (RevPAR) on...
Home2 Suites by Hilton Jacksonville Airport Sale Represented by HUNTER
ATLANTA—Led by Mayank Patel, Hunter Hotel Advisors (HUNTER) represented BPR Properties in the sale of the Home2 Suites by Hilton Jacksonville Airport in Florida....
STR: U.S. Hotel Occupancy and ADR Dipped Slightly
HENDERSONVILLE, Tennessee—STR's latest data through August 14, 2021, shows that U.S. hotel occupancy and average daily rate (ADR) dipped from previous weeks.
U.S. Hotel Performance
August...
HREC Arranges the Sale of the Crowne Plaza Suites Pittsburgh South
DENVER, Colorado, and JERSEY CITY, New Jersey—HREC Investment Advisors has arranged the sale of the 179-guestroom Crowne Plaza Suites Pittsburgh South located in Pittsburgh,...
Georgia National Fairgrounds & Agricenter to Welcome New Hotel
LNW Hospitality and the Georgia Agricultural Exposition Authority (GAEA) announced a new hotel coming to the Georgia National Fairgrounds & Agricenter, located in Perry,...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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