IAC Invests in MGM Resorts International
LAS VEGAS — MGM Resorts International announced on August 10 that IAC/InterActiveCorp (IAC), the media and technology company founded and led by Barry Diller,...
Baird/STR Hotel Stock Index Dropped 1.7 Percent in July
HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index declined 1.7 percent in July to a level of 3,010. Year to date through...
STR: Occupancy and Room Rates Inch Higher in the Final Week of July
HENDERSONVILLE, Tenn. — U.S. hotel performance data for the week of July 26 through August 1, 2020, showed slightly higher occupancy and room rates...
The Plasencia Group Forms TPG Lodging Capital Nexus
TAMPA, Fla. — The Plasencia Group today announced the formation of TPG Lodging Capital Nexus, created to match capable providers of capital with owners...
Budget Season Is Here and the Gloves Are Off
For hotels, budget season is the main event of the year—a time when owners and operators battle it out in the ring over next...