CoStar: U.S. Hotel Performance Lowers But Shows Positive Comparisons
WASHINGTON—U.S. hotel performance was expectedly lower from the previous week, but year-over-year comparisons were positive, according to CoStar’s latest data through Dec. 16, 2024.
U.S....
Berkadia Refinances WoodSpring Suites Charlotte – University Research Park
CHARLOTTE, North Carolina—Berkadia announced the refinancing of WoodSpring Suites Charlotte – University Research Park, a 122-key, extended-stay hotel in Charlotte, North Carolina. Managing Director...
CoStar: U.S. Hotel Performance Continues Increasing Week Over Week
WASHINGTON—U.S. hotel performance increased from the previous week, according to CoStar’s latest data through Dec. 9, 2023.
U.S. Hotel Performance
December 3-9, 2023
Percentage change from comparable...
Stayntouch Receives Growth Equity Financing From Sixth Street Subsidiary
NEW YORK—Stayntouch announced it has secured $48 million in financing in a strategic growth equity investment led by Sixth Street Growth, the technology growth...
Stonebridge Cos. Acquires a Five-Property Portfolio
DENVER—Stonebridge Cos. acquired a five-property, approximately 1,200 key hotel portfolio spanning the United States in late November.
“Our closing of this transaction was especially rewarding...
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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....
Knowland and Amadeus Share Q1 2024 Performance Index Data
ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the...
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