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US Hotels Group Acquires Two Properties from The Carlyle Group

KENNEBUNKPORT, Maine—Maine‐based US Hotels announced the acquisition from the Carlyle Group of two boutique hotels to add to its portfolio across the Northeast of...

Marriott International Opens First JW Marriott Hotel in Cusco, Peru

Marriott International, Inc. continues to grow its JW Marriott hotel brand with the opening of the 153-room JW Marriott Cusco. The hotel stands at...

Hilton Worldwide to Open Property at the Ageas Bowl

SOUTHAMPTON, UK—Hilton Worldwide announced the signing of a franchise agreement with RB Hotels Limited to open Hilton at the Ageas Bowl / Southampton at...

Driftwood Hospitality Management Adds Fifth Independent Hotel to Portfolio

NORTH PALM BEACH, Fla.—Driftwood Hospitality Management announced their appointment to manage the 420-acre Tan-Tar-A Resort in Osage Beach, Missouri. The 750-room resort, which includes...

Hotel Industry Shows Demand and ADR Increases for Remainder of 2012

NEW YORK—Committed occupancy for August to December 2012 is up 5.4 percent and average daily rate (ADR) is up 5.0 percent. The growth is...
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