Knighthead Funding Provides $30.5 Million Loan to Finance Development of ROOST Charleston
Greenwich, Conn. — Knighthead Funding LLC has provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the development...
Embassy Suites Opens at Arkansas State University Campus
Jonesboro, Arkansas — The Embassy Suites by Hilton Jonesboro Red Wolf Convention Center has joined Arkansas State University’s campus. Located one hour away from...
STR: U.S. Hotels Report Positive Results for February
HENDERSONVILLE, Tenn. — In its final month before feeling the impact of the COVID-19 pandemic, the U.S. hotel industry reported positive results in the...
STR: U.S. Hotel Occupancy Dropped to 53 Percent During Second Week of March
HENDERSONVILLE, Tenn. — Showing further COVID-19 impact, the U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week...
Waramaug Acquires Orlando’s Castle Hotel
BOCA RATON, Fla. — Waramaug Hospitality acquired the Castle Hotel, Autograph Collection, located in Orlando, Florida.
The 214-room lifestyle getaway property, part of the Autograph...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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