Morpho Hotels and Resorts Debuts in the United States
NEW YORK—Gurugram, India-based hospitality firm, Morpho Hotels and Resorts India Pvt. Ltd., in partnership with Upjeet Singh Sahota, has founded Morpho Hotels and Resorts...
The Gabriel South Beach in Miami Beach to Open This Fall
MIAMI—The Gabriel South Beach, Curio Collection by Hilton, a new lifestyle hotel on Ocean Drive, announced it will open on Miami Beach this fall....
STR: U.S. Weekly Hotel Occupancy Remained Flat
HENDERSONVILLE, Tennessee—U.S. hotel occupancy remained relatively flat week over week, while average daily rate rose, according to STR's latest data through September 25, 2021.
U.S....
Sonesta Launches Sonesta Franchising in the United States
NEWTON, Massachusetts—Sonesta International Hotels Corporation (Sonesta) announced the official launch of Sonesta Franchising, its expanded global hotel franchising organization. The debut of Sonesta Franchising...
DoubleTree Suites Salt Lake City Downtown Acquired by Stockdale
LOS ANGELES—Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, acquired the DoubleTree Suites Salt Lake City Downtown.
“The DoubleTree Suites Salt...
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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...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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