Tag: finance
Apple Hospitality REIT Acquires Two Salt Lake City Hotels
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 175-room Courtyard by Marriott Salt Lake City Downtown for approximately $48.1 million, or $275,000...
Baird/STR Hotel Stock Index Dropped in September 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 2.0 percent in September to a level of 5,739.
“Hotel stocks were down again in September,...
Stockdale Capital Partners Acquires the InterContinental Houston
LOS ANGELES—Stockdale Capital Partners acquired InterContinental Houston, a 354-key hotel built in 2019 and located in Houston, Texas. The property is within close proximity...
CoStar: U.S. Hotel Performance Lowers But Shows Improved Comparisons
WASHINGTON—As expected, U.S. hotel performance was lower than the previous week, but year-over-year comparisons were improved, according to CoStar’s latest data through Sept. 30,...
LOGE Camps Secures Investment for Brand Growth
NORTH BEND, Washington—LOGE Camps recently secured a capital investment for the company’s continued growth. LOGE Camps will use the investment provided through DCA Family...