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LODGING Staff

LODGING Staff
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Home2 Suites by Hilton in Mesa, Arizona

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...
Embassy Suites by Hilton Tucson East

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...
data breach

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...
Profit decline

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...
SureStay Hotel by Best Western North Myrtle Beach

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...
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