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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...
Q1 2024 results

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....

Knowland and Amadeus Share Q1 2024 Performance Index Data

ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the...

Red Roof Names Zack Gharib as President; Fouad Malouf to Newly Created Position of...

Red Roof has named hotel industry veteran Zack Gharib as president, effective immediately. Gharib brings more than two decades of senior management experience in...
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