Radisson Individuals Brand Debuts in the Americas
MINNEAPOLIS — Radisson Hotel Group announced that the company’s newest addition to its portfolio of brands, Radisson Individuals, has arrived in the Americas with the...
HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January
After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...
Clarion Pointe Marks 25th Opening
ROCKVILLE, Md. — Clarion Pointe, a midscale select-service brand extension franchised by Choice Hotels International, Inc., kicked off the year with the milestone opening...
China’s Hotel Construction Pipeline Down Slightly at Year End
PORTSMOUTH, N.H. — According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline dipped slightly at...
Winter Storm Drives Texas Hotel Occupancy to 50-Week High
HENDERSONVILLE, Tennessee — Texans displaced by freezing temperatures and outages pushed the state’s hotel occupancy to a 50-week high, according to an analysis by...
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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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