December 2019

STR: U.S. Hotel Results for Week Ending September 14

Hendersonville, Tenn. — The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of September 8-14,...
Clarion Pointe Rochester

Clarion Pointe Marks First Anniversary With 40+ Hotels In The Pipeline

Rockville, Md. - Clarion Pointe, franchised by Choice Hotels International, Inc. celebrates its one-year launch anniversary with new hotel openings and strong reviews from both developers and...

Online Hotel Closings: Moving From Promise to Practice

From property search through document negotiation, just about every aspect of a modern commercial real estate deal, including hotels, is now conducted electronically and...

Fortress Development Breaks Ground On Two-Tower Avenue Bellevue

Bellevue, Wash. - Following the official groundbreaking ceremony for the $1+ billion Avenue Bellevue project, Fortress Development unveiled new details and artist renderings for...

LEGOLAND Florida Resort Reveals First Look at Pirate Island Hotel

Winter Haven, Fla. – LEGOLAND Pirate Island Hotel, the first LEGO Pirate themed hotel in North America, is set to open April 17, 2020....
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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...
Q1 2024 results

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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