Experiential Hospitality Brand Selina Is Expanding to Five New Markets
NEW YORK — Selina, the experiential hospitality brand targeting Millennial and Gen Z travelers, plans to open five new properties in Chicago, Washington D.C.,...
Hyatt Place Phoenix/Downtown to Open September 2021
PHOENIX—Hyatt Place Phoenix/Downtown is set to open in the heart of Phoenix’s downtown area in September 2021. The new 238-room, eight-story hotel is a...
Lodging Econometrics: Global Hotel Construction Pipeline Updates
Lodging Econometrics (LE) has released global hotel construction pipeline data for different regions throughout the world. While China's pipeline continued an upward trend in...
Hyatt Enters Agreement to Acquire Apple Leisure Group
CHICAGO—Hyatt Hotels Corporation announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a resort-management service, travel, and hospitality group, from affiliates of each of KKR and KSL Capital...
Georgia National Fairgrounds & Agricenter to Welcome New Hotel
LNW Hospitality and the Georgia Agricultural Exposition Authority (GAEA) announced a new hotel coming to the Georgia National Fairgrounds & Agricenter, located in Perry,...
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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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