Four Seasons Hotel Houston Renovates Luxury Suites

HOUSTON, Texas—Four Seasons Hotel Houston announces the completion of its premier specialty suites. The renovation includes a transformation of all five Ambassador Suites and...

Hilton Petaling Jaya Unveils Renovation Plans

PETALING JAYA—Hilton Petaling Jaya announced plans to pump a total of RM50 million into a major facelift for the hotel. The first renovation of...

MIllennium Hotels and Resorts to Redesign and Reconstruct Millennium Hotel Minneapolis

MINNEAPOLIS—Millennium Hotels and Resorts has announced a $20 million investment in creating a “new” hotel for the 21st century in Minneapolis. The project, scheduled...

Hilton Palacio del Rio Completes Phase Two of $34 Million Renovation

SAN ANTONIO, Texas—Hilton Palacio del Rio has announced the completion of its latest transformation—the second phase of its $34 million makeover which includes updates...

Wintergreen Resort to Undergo $12 Million in Improvements

WINTERGREEN, Va.—Nearly $12 million will be invested in facilities and infrastructure improvements at Wintergreen Resort over the next 16 months by the James C....

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Hotel building

Colony Capital to Sell Six Hospitality Portfolios Totaling 197 Hotels to Highgate

LOS ANGELES — Colony Capital, Inc., announced it has entered into a definitive agreement to sell six of its hospitality portfolios to Highgate, a...
coronavirus economic impact

HotStats: August Proves Positive Month for Regions Outside U.S.

LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...
Profit decline

STR: Improvements in U.S. Hotel Profitability Slow in August

BROOMFIELD, Colorado—Improvements in U.S. hotel profitability metrics slowed in August 2020, according to STR‘s latest monthly P&L data release. In a year-over-year comparison with August...
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