RADCO Acquires DoubleTree by Hilton St. Augustine
ATLANTA, Georgia—The RADCO Companies has acquired the DoubleTree by Hilton in St. Augustine, Florida, a 97-key hotel located in the Historic District. Scott Stephens,...
Sonnenblick-Eichner Company Arranges Sale of Cannon’s Hotel Development Site
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged the sale of the fee simple interest in the Cannon’s hotel development site in Dana Point, California. The...
Baird/STR Hotel Stock Index Increased 2.7 Percent in November 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 2.7 percent in November to a level of 5,430. Year to date through the first...
Comeback Year: Market Leaders Propel U.S. Hotel Performance Forward in 2022
U.S. hotel performance has rebounded in 2022, propelled by a variety of STR-defined markets, including gains in those largest markets that the recovery bypassed...
JLL Capital Markets Closes Sale of Cape Codder Resort & Spa
BOSTON—JLL Capital Markets announced it has closed the sale of and secured acquisition financing for Cape Codder Resort & Spa, a 266-key hotel in...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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