STR: U.S. Hotel Performance Down Slightly in October
HENDERSONVILLE, Tennessee—In October 2020, the U.S. hotel industry showed slightly lower performance from the month prior, according to data from STR.
U.S. Hotel Performance
October 2020...
IHG’s First voco Hotel in the Americas Opens in New York City
ATLANTA — IHG Hotels & Resorts today announced the opening of the first voco hotel in the Americas: voco — The Franklin New York....
Access Point Financial Secures $8.85 Million to Refinance Delta Hotel in Grand Rapids
ATLANTA — Access Point Financial, LLC, a direct lender and specialty finance company focused exclusively on the hospitality industry, recently announced the completion of...
Industry Leaders Launch Curator Hotel & Resort Collection
Today, Pebblebrook Hotel Trust, in partnership with six well-established hotel operators, launched the Curator Hotel & Resort Collection. Curator will be a first-of-its-kind collection...
The Banneker Hotel to Open in D.C. in Early 2021
WASHINGTON, D.C. — Kemmons Wilson Hospitality Partners recently announced plans to open the 144-room Kimpton Banneker Hotel in the heart of Washington, D.C. in...
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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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