Highgate Enters Definitive Agreement to Purchase Viceroy Hotels & Resorts
NEW YORK—An affiliate of the principals of Highgate announced that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts. The...
AHLA Releases Statement on Department of Labor Proposed Regulations
WASHINGTON—In comments submitted to the Department of Labor, the American Hotel & Lodging Association opposed DOL’s proposed regulations that would revise its analysis for...
Hospitality Lodging Systems Adds Four Hotels to Its Portfolio
Atlanta-based Hospitality Lodging Systems (HLS) has added two Budgetel Inn & Suites properties and two Haven Hotel properties to its portfolio. There are now...
A Year in Review: Highlighting AHLA’s 2022 Advocacy Achievements
2022 was a banner year for hotels and our nation.
For the second year straight, we moved closer to recovery and farther away from the...
The Crossroads Inn Selects Operator: Olympia Hotel Management
POUGHKEEPSIE, New York—Olympia Hotel Management has announced that it has been selected to develop and operate a new hotel called The Crossroads Inn and...
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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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