Marriott Expands Brand into South Africa
CAPE TOWN, South Africa—Marriott International, Inc. continues to expand its footprint across the African continent by announcing the signing of two new properties in...
DoubleTree Makes Colombian Debut with New Signings
MCLEAN, Va.—Hilton Worldwide has announced the signing of two franchise license agreements to convert two Hoteles Cosmos hotels in Bogotá into DoubleTree by Hilton...
OHM Hotels Breaks Ground on Holiday Inn Express
CHARLOTTE—OHM Hotels will soon break ground on a new 123-room Holiday Inn Express & Suites hotel in Ballantyne Area, N.C.
Hotel is expected to open...
Destination Hotels Makes Quirky Addition to Collection
ENGLEWOOD, Colo.—Destination Hotels has announced the addition of soon-to-open Quirk Hotel, A Destination Hotel, in Richmond, Va. to its urban collection. The locally-owned hotel,...
RAR Hospitality Acquires Holiday Inn Express Tempe
TEMPE, Ariz.—In partnership with PacVentures, San Diego-based RAR Hospitality has acquired The InterContinental Hotels Group (IHG)-affiliated Holiday Inn Express & Suites Tempe, marking their...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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