STR: U.S. Hotel Occupancy Rises While Room Rates Dip
HENDERSONVILLE, Tennessee—U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR's latest data through...
Legendary Capital Sponsors the Acquisition of an avid Hotel
FARGO, North Dakota — Legendary Capital has announced it sponsored the acquisition of the 92-room avid in Southaven, Mississippi, in a $12 million all-cash...
The Homewood Suites by Hilton Lafayette Mall Receives Acquisition Loan
NEW YORK—PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating capital structures for its clients, has arranged a...
Two voco Hotels Debut in New Orleans, Louisiana, and Olympia, Washington
ATLANTA—IHG Hotels & Resorts announced the upcoming debut of two new voco Hotels properties in the United States—the voco St. James Hotel New Orleans...
Lightstone Continues Development on Two New York City Moxy Hotels
NEW YORK—National real estate investor and developer Lightstone announced the topping out of construction of two Moxy hotels in New York City. Moxy Lower...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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