Meliá Hotels International to Open New Hotel in Saudi Arabia
PALMA DE MALLORCA—Meliá Hotels International recently announced in its quarterly report a continued commitment to grow at a rate of around one hotel every...
EVEN Hotels Announces Second New York City Property Signing
ATLANTA—IHG (InterContinental Hotels Group) announced the signing of the second EVEN Hotels property in New York City, with an ownership group led by Frank...
Hyatt Place Seoul to Open in 2016
CHICAGO—Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with KY Development Co., a Seoul based manufacturing and...
The Redbury South Beach to Debut in Miami
MIAMI—SBE, a real estate, hospitality and entertainment company announced plans to launch The Redbury Hotel South Beach. The partnership heralds the first hotel collaboration...
IHG to Open first Staybridge Suites in Saudi Arabia
JEDDAH, Saudi Arabia—IHG (InterContinental Hotels Group) has signed an agreement with Dyafah Al Mutahida LLC to open a 200-key Staybridge Suites in Jeddah, Saudi...
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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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