FTI Consulting Announces Sale Process for Grand Cayman Hotel
NEW YORK—FTI Consulting (Cayman) Ltd. announced that David Griffin and Iain Gow have been appointed Receivers of a Grand Cayman hotel, formerly known as...
STR: U.S. RevPAR Reaches All-Time Weekly High on a Nominal Basis
HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis,...
HUNTER Announces the Sale of Dual-Branded Hilton Garden Inn and Home2 Suites
ATLANTA—Hunter Hotel Advisors (HUNTER) announced the sale of the dual-branded Hilton Garden Inn and Home2 Suites in downtown Columbia, South Carolina. CN Hotels sold...
Baird/STR Hotel Stock Index Dropped 5.8 Percent in May 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 5.8 percent in May to a level of 5,584. Year-to-date through the first five months...
Black Bear Capital Partners Arranges Financing for Motel 6 San Jose Acquisition
CHICAGO and SAN JOSE—Black Bear Capital Partners (BBCP), a subsidiary of Black Bear Asset Management, announced that it has arranged $27.5 million in hotel...