Roadmap to Recovery: Helping Hotels Access Millions in Relief Funds
In March, President Joe Biden signed into law the American Rescue Plan (ARP), a $1.9 trillion economic stimulus bill designed to speed the nation’s...
Charlestowne Hotels Announces Management of Four Boutique Hotels in Chicago
CHARLESTON, South Carolina—Hospitality management company Charlestowne Hotels announces a formal agreement with Avantgarde Hospitality and Reliance Capital Partners to oversee management of its four...
Sonesta Adds Royal Sonesta Minneapolis Downtown to its Portfolio
Sonesta International Hotels Corporation (Sonesta), a fast-growing hotel company in the United States, opened the brand's latest property in Minnesota: the Royal Sonesta Minneapolis...
Holiday Travel Survey: AHLA’s Chip Rogers on What the Numbers Mean for the Industry
As the 43rd annual NYU International Hospitality Industry Investment Conference was underway at the New York Marriott Marquis in Times Square, the American Hotel...
Industry Leaders Reflect on Evolving Guests’ Expectations
Over the past 18 months, guests’ expectations, wants, and needs have constantly shifted throughout the COVID-19 pandemic. While hoteliers were able to predict expectations...
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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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