december 2021

STR: U.S. Hotel Performance Surpasses 2019 Comparable

HENDERSONVILLE, Tennessee—U.S. hotel performance surpassed 2019 comparable week levels, according to STR's latest data through December 18, 2021. U.S. Hotel Performance December 12-18, 2021 Percentage change...
Marcus

Marcus Hotels & Resorts Forms a Joint Venture With Searchlight Capital Partners

MILWAUKEE—Marcus Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation, has formed a joint venture with funds...
cash crunch

Access Point Financial Exceeds 2021 Production Goal

ATLANTA — Access Point Financial, LLC (APF), a direct lender and specialty finance company focused exclusively on the hospitality industry, announced it exceeded its...
december 2021

STR: U.S. Hotel Performance Increases From Previous Week

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through December 11, 2021. U.S. Hotel Performance December 5-11, 2021 Percentage change...
Dunes

Dunes Manor Hotel, Court & Suites Acquired by OTO Development

SPARTANBURG, South Carolina—OTO Development has acquired Dunes Manor Hotel, Court & Suites in Ocean City, Maryland. The deal adds a popular resort complex to...
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Wyndham Hotels & Resorts Reports Q1 2024 Results

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include: Global RevPAR grew 1 percent in constant...
Comings & goings

This Week’s Comings & Goings

Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...

Driftwood Capital Secures Refinancing for Sheraton Park City Hotel

PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
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