EOS Investors Acquires Kingston Resorts
NEW YORK — EOS Investors LLC, a privately held real estate investment firm, has acquired Kingston Resorts, a multi-property destination located on 2,800 linear...
Mauna Lani To Open as Hawaii’s First Auberge Resorts Collection Property in 2020
HAWAII—Set on 32 oceanfront acres of coastline marked by royal fish ponds, natural lava fields, and a collection of beaches, Mauna Lani, part of...
San Francisco, Los Angeles Hit With Rising Costs, Lower Hotel Profits in May
Even as profit per room at U.S. hotels bounced back in May from its negative turn in April, San Francisco and Los Angeles hotels...
Best Western Opens Six U.S. Properties
Best Western Hotels & Resorts recently added six properties to its portfolio: the Best Western Plus Indianapolis NW Hotel; the SureStay Plus Hotel by...
Profit Per Room at U.S. Hotels Bounced Back in May
After a negative turn in April, profit per room at U.S. hotels bounced back in May, increasing by 2 percent year-over-year (YOY) and buoyed...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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