The Godfrey Hotel Hollywood

Oxford Capital Group, LLC Recapitalizes The Godfrey Hotel Hollywood

LOS ANGELES, California—Oxford Capital Group, LLC announced the recapitalization of its construction debt and equity at its newest California-based hotel property, The Godfrey Hotel...
august 2022

STR: U.S. Hotel Performance Falls But Shows Improvements Compared to 2019

HENDERSONVILLE, Tennessee—Showing continued alignment with seasonal patterns, U.S. hotel performance fell slightly from the previous week, but showed improved comparisons with 2019, according to...

Baird/STR Hotel Stock Index Increased 14.3 Percent in July 2022

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 14.3 percent in July to a level of 5,158. Year to date through the first...
14-hotel

Noble Investment Group Acquires a 14-Hotel Portfolio

ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across...

Compassion During Trying Times: Quantifying the Franchisor/Franchisee Relationship During COVID-19

In 2020, the average hotel in CBRE’s annual Trends in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes,...
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utility costs

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,...
technology

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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