STR: U.S. Hotel Performance Shows Mixed Results From Previous Week
HENDERSONVILLE, Tennessee—U.S. hotel performance showed mixed results from the previous week but remained up year over year, according to STR's latest data through April...
STR: U.S. Hotel TRevPAR Reaches Highest Monthly Level in March 2023
HENDERSONVILLE, Tennessee—U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR's March 2023 P&L data...
Hilton Reports Q1 2023 Financial Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2023 financial results. Metrics from the results include:
Diluted EPS was $0.77 for the first quarter,...
The Owner’s Advantage: MCR Chairman and CEO Reveals the ‘Secret Sauce’ to Healthy Profit...
When it comes to hotel management, there is only one way to truly operate as an owner, according to Tyler Morse, chairman and CEO...
STR: Two U.S. Hotel Performance Metrics Reach Second-Highest Yearly Levels
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through April 22, 2023.
U.S. Hotel Performance
April 16-22, 2023
Percentage change from...
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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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