Tag: finance
STR: U.S. Hotel Occupancy Reaches Second Highest Level This Year
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR's latest data through May 20,...
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher...
STR: U.S. Weekly Hotel Performance Shows Mixed Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR's latest data through May 13, 2023.
U.S. Hotel Performance
May 7-13, 2023
Percentage change from...
Shaner Hotels Announces Acquisition of Hampton Inn & Suites by Hilton Hershey
HERSHEY, Pennsylvania—Shaner Hotels announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pennsylvania. Shaner also will operate the property...
JLL Capital Markets Arranges Acquisition Financing for St. Regis Chicago
CHICAGO—JLL Capital Markets announced that it arranged $76 million in acquisition financing for the St. Regis Chicago, a 192-key hotel. JLL represented the borrowers,...