LODGING Staff
Tower Capital Arranges $20.1 Million for Home2 Suites in Mesa, Arizona
MESA, Ariz. — Tower Capital, an independent structured finance firm, arranged $20,121,000 in development financing for a Home2 Suites by Hilton in Mesa, Arizona. This deal puts Tower Capital at nearly $200 million in...
Prism Hotels & Resorts Adds Embassy Suites by Hilton Tucson East
DALLAS — Dallas-based Prism Hotels & Resorts—a full-service hotel management, investment, and advisory services company—announced that it will add the newly converted and remodeled Embassy Suites by Hilton Tucson East in Tucson, Ariz., to...
Marriott Notifies Guests of Possible Data Breach
Marriott International announced that it is notifying some of its guests of a possible data breach involving information from up to approximately 5.2 million guests.
A statement released by the company on March 31 explained...
STR 2020 Outlook: U.S. Hotel RevPAR to Drop 50.6 Percent
HENDERSONVILLE, Tenn. — Due to the impact from the COVID-19 pandemic, the U.S. hotel industry is projected to report a 50.6 percent decline in revenue per available room (RevPAR) in 2020, according to a...
BWH Hotel Group Adds Three U.S. Properties
BWH Hotel Group recently announced the opening of three U.S. properties: SureStay Hotel by Best Western Fairfield Napa Valley, California; Best Western Plus Champaign/Urbana Inn, Champaign, Illinois; and SureStay Hotel by Best Western North...
