Is the Industry Upcycle Ending?
After a strong decade of growth in the hospitality sector, coupled with recent trade wars and monetary policy changes, the question at the top...
Pacifica Hotels Acquires Best Western Seacliff Inn on California Coast
Orange County, Calif. — Pacifica Hotels, a family-owned business with a legacy of owning and operating boutique hotels in coastal communities, is expanding further...
IHG Grows EVEN Hotels With Two Dozen Planned Properties Worldwide
IHG (InterContinental Hotels Group) continues to grow EVEN Hotels, a brand created with wellness at its core. Initially launched in the United States, EVEN...
Drury Hotels to Open 604-Room Property in DISNEY SPRINGS Resort Area
ST. LOUIS — Drury Hotels Company is developing its largest property to date: the Drury Plaza Hotel Orlando Lake Buena Vista. Slated to begin...
The State of Hotel Real Estate Development
Peter Berk, who has been president of PMZ Realty Capital LLC for more than 10 years, views the hospitality industry from the “glass three-fourths-full”...
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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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