HotStats: Hotels in Middle East and Asia-Pacific End 2020 on a High Note
LONDON — Hotstats recently released its global hotel performance data for December and full year 2020. The U.S. hotel industry returned to break-even profit...
Hotstats: U.S. Hotel Industry Breaks Even in December
LONDON — The U.S. hotel industry returned to break-even profit in December, according to the latest report from Hotstats. December's gross operating profit per...
Accor Partners With Faena Group to Expand the Lifestyle Brand Globally
PARIS — Alan Faena and Len Blavatnik of Faena Group along with Sébastien Bazin, chairman and CEO of Accor, announced this week the launch...
Le Meridien Chambers Minneapolis to Go Independent Following Sale
MINNEAPOLIS — Hodges Ward Elliott (HWE), a boutique real estate capital markets advisor, arranged the sale of Le Meridien Chambers Minneapolis, a 60-room hotel...
STR, Tourism Economics Slightly Downgrade U.S. Hotel Forecast
HENDERSONVILLE, Tennessee — Worsened pandemic metrics and assumptions of limited early-year travel led STR and Tourism Economics to slightly downgrade their latest U.S. hotel...
Most Popular
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....
Advertisement