Tag: finance
Apple Hospitality REIT Acquires SpringHill Suites Las Vegas Convention Center
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or...
CoStar: U.S. Hotel Performance Falls, Anticipated From Holidays
WASHINGTON—As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar's latest data through Dec. 23, 2023.
U.S. Hotel...
4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow
Through the third quarter of 2023, the U.S. hotel industry showed some continuation of profitability trends as well as new developments in the data...
CoStar: U.S. Hotel Industry Reports Lower Performance From November
WASHINGTON—As expected, the U.S. hotel industry reported lower performance results from the previous month but improved year-over-year comparisons, according to November 2023 data from...
CoStar: U.S. Hotel Performance Lowers But Shows Positive Comparisons
WASHINGTON—U.S. hotel performance was expectedly lower from the previous week, but year-over-year comparisons were positive, according to CoStar’s latest data through Dec. 16, 2024.
U.S....