Flynn Properties and Värde Partners Acquire 80 Percent Joint Venture Interest in 89 Properties
SAN FRANCISCO and MINNEAPOLIS—Flynn Properties Inc. in a joint venture with Värde Partners announced that it has acquired an 80 percent joint venture interest...
NewcrestImage Completes 45-Hotel Portfolio Acquisition
Dallas-based NewcrestImage has closed on a portfolio of 45 hotels that includes 35 Marriott-branded, seven Hilton-branded, and three Choice-branded properties in 11 states: Arkansas,...
STR: Overall U.S. Hotel Performance Shows Improvements
HENDERSONVILLE, Tennessee — U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR's latest data...
Baird/STR Hotel Stock Index Increased 15.8 Percent During October 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 15.8 percent in October 2022 to a level of 5,286. Year to date through the...
HUNTER Announces Sale of Trianon Old Naples
ATLANTA—Hunter Hotel Advisors (HUNTER) announced the sale of the Trianon Old Naples in Naples, Florida. Ocean Properties purchased the 58-room property. Robert Taylor and...
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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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