Hilton Reports Q4 2022 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its fourth quarter and full-year 2022 results. Highlights include:
Diluted EPS was $1.21 for the fourth quarter and $4.53...
STR: Overall U.S. Weekly Hotel Performance Falls Slightly
U.S. Hotel PerformanceJanuary 29 through February 4, 2023Percentage change from comparable week in 2019Occupancy: 55.3 percent (down 7.3 percent)ADR: $145.35 (up 13.9 percent)RevPAR: $80.45...
STR: Phoenix RevPAR to Reach Second-Highest Super Bowl Weekend Level
HENDERSONVILLE, Tennessee—Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for February 10-12, which would be the second-highest level for a...
Sonnenblick-Eichner Company Arranges Construction Loan for Lionsback Resort
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged $50 million of construction financing for Phase I of the Lionsback Resort in Moab, Utah, a 175-acre development...
STR: Miami and Qatar Led Hotel Profit Recovery in 2022
LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR's full-year P&L data release.
Both markets’ gross operating...