Marriott Breaks Ground on Inaugural StudioRes Hotel
BETHESDA, Maryland—Marriott International, Inc. celebrated the groundbreaking of its inaugural StudioRes hotel, as Concord Hospitality began construction of its first property in Fort Myers,...
CoStar: U.S. Hotel Performance Reached Highest ADR and RevPAR on Record in 2023
WASHINGTON—The U.S. hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from...
Two Red Roof Hotels Break Ground in Florida
TAMPA, Florida—Red Roof has partnered with Dhruv Management to begin development on the HomeTowne Studios by Red Roof Tampa, Florida, and recently broke ground...
Alpental Capital Acquires DoubleTree by Hilton Leominster
Alpental Capital acquired the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023. Located off I-190, the DoubleTree Leominster provides both business and...
Raines Caps 2023 With a Property Launch and a Conversion
FLORENCE, South Carolina—Raines launched the Tru by Hilton in North Augusta, South Carolina, and converted the Waynesville Inn & Golf Club to a Tapestry...