PMZ Realty Capital Arranges Financing for Three Hilton Properties
NEW YORK—PMZ Realty Capital LLC announced that it arranged over $60 million in financing in the last few weeks for three separate Hilton properties.
The...
Equinox Hospitality Acquires Four Points by Sheraton San Rafael Marin County
SAN FRANCISCO—Equinox Hospitality acquired the Four Points by Sheraton San Rafael Marin County for $38 million. The acquisition marks Equinox's fifth addition to its...
Dual-Brand Property by Red Roof Opens in Chicago
NORTH AURORA, Illinois—Red Roof announced the opening of the Red Roof Inn and HomeTowne Studios by Red Roof Chicago—N. Aurora/Naperville, Illinois.
The Red Roof Inn...
Baird/STR Hotel Stock Index Increased 6.2 Percent in June 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index grew 6.2 percent in June to a level of 5,615.
“Hotel stocks extended their year-to-date gains in...
STR: U.S. Hotel Performance Falls With Lack of Business Travel During Holiday
HENDERSONVILLE, Tennessee—Due to constricted business travel during the Fourth of July, U.S. hotel performance fell from the previous week and showed weaker year-over-year comparisons,...