The LaSalle Hotel to Open in February 2022
CHICAGO—The Prime Group, Inc. and Aimbridge Hospitality will open The LaSalle Hotel in early February 2022, offering travelers a luxury destination in Chicago’s Loop....
Cascade Affiliate to Acquire Controlling Interest in Four Seasons Hotels and Resorts
TORONTO—Four Seasons Hotels and Resorts (Four Seasons), a luxury hospitality company, announced that its longstanding shareholder, an affiliate of Cascade Investment, L.L.C. (Cascade), has...
Horton Hotel Transfers to New Ownership Team
Horton Hotel—Boone, North Carolina’s only downtown boutique hotel that also has a rooftop bar—is changing its ownership team with a nod to its current...
PMZ Realty Capital Arranges Financing for Two Rio Partners Hotels
NEW YORK — PMZ Realty Capital LLC, a national real estate investment banking firm focused on creating capital structures for its clients, has arranged...
STR: U.S. Hotel Performance Continues to Decline
HENDERSONVILLE, Tennessee—According to STR's latest data through August 28, 2021, U.S. hotel performance continues to decline from previous weeks.
U.S Hotel Performance
August 22-28, 2021
percentage change...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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