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Profits Lift for Denver Hotels in August

Profits Lift for Denver Hotels in August

In August, full-service hotels in Denver recorded a 5.7 percent year-on-year uplift in profit per room to $87.73, according to the latest worldwide poll of full-service hotels by HotStats. That number is second only to the GOPPAR recorded in June ...

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RivieraPoint Acquires La Quinta in Sebring, Florida

RivieraPoint Acquires La Quinta in Sebring, Florida

Miami, Fla.—South Florida-based RivieraPoint Invest + Develop recently acquired the 77-room hotel La Quinta Inn & Suites in Sebring, Fla., for $7.25 million and plans to invest $1.8 million to reposition it as an upper midscale hotel under the same ...

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Hyatt Plans to Acquire Two Roads Hospitality

Hyatt Plans to Acquire Two Roads Hospitality

CHICAGO–Hyatt Hotels Corporation today announced an agreement to acquire Two Roads Hospitality, an international lifestyle hotel management company. Under the terms of the transaction, all of Two Roads’ hotel brands—Alila Hotels & Resorts, Destination Hotels, Joie de Vivre Hotels, Thompson Hotels, and ...

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Los Angeles Hotels Saw High Occupancy Levels in August

Los Angeles Hotels Saw High Occupancy Levels in August

Hotels in Los Angeles performed well compared to the national average hotel performance in the month of August, led by a peak in the number of passengers handled at Los Angeles International Airport (LAX), according to the latest worldwide poll of full-service ...

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Chartwell Hospitality Opens Hilton Franklin Cool Springs

Chartwell Hospitality Opens Hilton Franklin Cool Springs

FRANKLIN, Tenn.–Chartwell Hospitality LLC recently opened the Hilton Franklin Cool Springs, the area’s first full-service hotel built in nearly a decade. The hotel is located in Franklin’s Meridian Cool Springs Business District, a 60-acre mixed-use development with office space and ...

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