Hyatt Increased its 2021 Net Rooms Growth Outlook
CHICAGO—Hyatt Hotels Corporation (Hyatt) increased its 2021 net rooms growth outlook and the completion of two transactions as part of its ongoing capital strategy....
Blackstone and Starwood Capital Group Acquire Extended Stay America
CHARLOTTE, North Carolina—Extended Stay America, Inc. (ESA) and its paired-share REIT, ESH Hospitality, Inc. (ESH and, together with ESA, Extended Stay) announced the completion...
Hilton Garden Inn and Home2 Suites by Hilton Dual-Flag Opens in Orlando
ATLANTA and ORLANDO—Peachtree Hotel Group (Peachtree) announced the opening of its newest hotels, the dual-flag Hilton Garden Inn Orlando Downtown and Home2 Suites by...
St. Somewhere Collection Launching in Isla Holbox in Fall 2021
MIAMI—Karisma Hotels & Resorts, with a portfolio of luxury resort properties across Latin America, the Caribbean, and Europe, and Margaritaville, a global lifestyle brand...
Comfort Hotels Celebrates 40th Anniversary
ROCKVILLE, Maryland—In celebration of Comfort Hotels' 40th anniversary, the upper-midscale brand of Choice Hotels International, Inc. recently launched its summer sweepstakes in which new...
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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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