STR: U.S. Hotel Occupancy Increases in the First Week of September
HENDERSONVILLE, Tennessee—Boosted in part by Labor Day weekend, U.S. hotel occupancy increased slightly over the previous week, according to the latest data from STR...
Baird/STR Hotel Stock Index Jumps 19 Percent in August
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 19 percent in August 2020 to a level of 3,582. Year to date through the...
STR: Hurricane Laura Displacements Create Hotel Demand in Louisiana and Texas
HENDERSONVILLE, Tennessee—Evacuations and displacements due to Hurricane Laura created hotel demand in markets throughout Louisiana and Texas last week, according to a newly released...
STR: U.S. Hotel Occupancy Declined Again in Final Week of August
HENDERSONVILLE, Tennessee—U.S. hotel occupancy for the week of August 23-29, 2020, decreased slightly for the second consecutive week, according to the latest data from...
Driftwood Capital Targets $100 Million with New Mezzanine Lending Fund
MIAMI – Driftwood Capital, a privately held real estate firm specializing in hospitality investments, announced it has launched fundraising for its new Mezzanine Lending...
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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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