CoStar: U.S. Hotel Industry Continues Mixed Yearly Performance Comparisons
ARLINGTON, Virginia—The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through April 12, 2025.
U.S. Hotel PerformanceApril 6 - April 12, 2025Percentage change...
Placemakr Expands to Salt Lake City, Announces Launch of New Property
WASHINGTON, D.C.—Placemakr, a flexible-use hospitality and multifamily operator, announced the launch of its first property in Salt Lake City, Utah. Operating in partnership with High Boy...
Loews Hotels & Co, in Partnership With Universal Orlando, Opens Universal Helios Grand Hotel
ORLANDO, Florida—Loews Hotels & Co., co-owner and operator of the hotel portfolio at Universal Orlando Resort, opened the doors to the company’s newest hotel...
Raines Breaks Ground on Hampton Inn & Suites in York, South Carolina
FLORENCE, South Carolina—Raines has broken ground on Hampton Inn & Suites York, S.C. in York, South Carolina. The hotel is owned by York Hotel Group LLC and was...
Smith Hill Capital and Bain Capital Announce $235 Million Refinancing for Gurney’s Montauk Resort
NEW YORK—Smith Hill Capital and Bain Capital announced that the firms' joint venture completed a $235 million refinancing for Gurney's Montauk Resort & Seawater...
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AHLA Statement on Appointment of AAHOA’s New Board Chair
WASHINGTON, D.C.—American Hotel & Lodging Association (AHLA) President & CEO Rosanna Maietta issued the following statement following the appointment of KP Patel as chairman of...
Hyatt Announces Appointment of Kristin Oliver as New Chief Human Resources Officer
CHICAGO, Illinois—Hyatt Hotels Corporation announced a key leadership transition within its executive team. After seven years with the company, Malaika Myers will retire as...
HREC Arranges Sale of Three Sonesta Hotels in Michigan
DENVER, Colorado; DETROIT, Michigan; ATLANTA, Georgia—HREC Investment Advisors announced it has arranged the sale of the 94-room Sonesta Simply Suites Detroit - Novi and the...
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