Converting to Extended Stay: The Strategy Behind Choice’s Suburban Studios Relaunch
At a recent media roundtable, top executives from Choice Hotels International, Inc., explained how current and prospective owners can enter the red-hot extended-stay segment,...
STR: U.S. Hotel Performance Increases From Previous Week
HENDERSONVILLE, Tennessee—Overall U.S. hotel performance increased from the previous week, according to STR's latest data through March 12, 2022.
U.S. Hotel Performance
March 6-12, 2022
Percentage change...
Baymont by Wyndham Hotel Sells in Sarasota, Florida
SARASOTA, Florida—Alex Diaz, trustee of The Tamiami Trail Trust, has purchased the Baymont by Wyndham hotel in Sarasota for $8 million. The 99-room hotel...
Fontainebleau Las Vegas Plans Meeting and Convention Spaces
LAS VEGAS—Moving toward its opening in the fourth quarter of 2023, Fontainebleau Las Vegas is positioned to meet the demand for in-person meetings and...
Living the Lifestyle: Motto by Hilton in the Chelsea Arts District
Just over three years after its initial launch in October 2018, the growing Motto by Hilton brand debuted its first new-build property—and Hilton’s first...
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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...
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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