Holiday Inn El Paso Acquisition Sponsored by Legendary Capital
FARGO North Dakota—Legendary Capital is sponsoring the 175-room Holiday Inn El Paso Sunland Park (“HI-El Paso”) acquisition in a $9.7 million transaction. The deal...
Ready to Start: Ramping Up in a Downturn
While much of the supply conversation over the past year has focused on temporary closures due to COVID-19, new construction continues to be an...
Spend or Save: What To Do in the Post-Pandemic Investment Environment
A group of hospitality professionals agree that a kind of spring awakening is gaining momentum in the industry after a tumultuous year, and that...
Best Western Opens or Adds Four Boutique Hotels in North America
Best Western Hotels & Resorts recently opened four boutique hotels in North America. In addition, one of the hotels is joining the BW Premier...
Element Philadelphia Opens as the First Element in the City
Element Hotels—part of Marriott Bonvoy’s portfolio of 30 brands and designed for today’s healthy, active traveler—announced the opening of Element Philadelphia, marking the brand’s...
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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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