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...
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IHG’s Garner Brand Grows Across Company’s EMEAA Region
LONDON—IHG Hotels & Resorts continued the growth of its newest midscale conversion brand Garner hotels, now available across IHG’s Europe, Middle East, Asia &...
CoStar: U.S. Hotel Rooms Construction Grows Year Over Year
WASHINGTON—The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar's March 2024...
Wyndham Business Program Manages Company Travel
PARSIPPANY, New Jersey—Designed for businesses of all types and sizes, the Wyndham Business program manages companies' travel needs with the all-new Wyndham Rewards Business,...
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