U.S. Hotel Results For Week Ending August 24
Hendersonville, Tenn.—The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 18-24 August 2019, according to...
Real Estate Lawyer Paul Titcher Reflects on 2019 Development Drivers
Paul Titcher, who is a partner at the California real-estate focused law firm Cox, Castle & Nicholson LLP, focuses his practice on the hospitality,...
Trinity Investments and Elliott Acquire JW Marriott Desert Ridge Resort & Spa
Pheonix – A joint venture among funds managed by Trinity Real Estate Investments LLC (“Trinity”) and funds managed by Elliott Management Corporation (“Elliott”) acquired...
Choice Hotels’ Janis Cannon on the Summer of Cambria
Senior vice president of upscale brands for Choice Hotels International Janis Cannon believes the “new normal” for the company’s upscale Cambria brand is lots...
U.S. GOPPAR Gains in July Illustrate Resiliency of Market
Hotels in the U.S. achieved their sixth month of YOY profit growth for 2019, underpinned by a strong increase in revenue across the board,...
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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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