CoStar: U.S. ADR and RevPAR Growth Slowed to 2020 Rate in 2024
WASHINGTON—The U.S. hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR), but the country’s growth rate was its lowest...
CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar's latest data through Jan. 11, 2024.
Performance was impacted by shifts in Martin Luther...
Reeco Secures $15 Million in Series A Funding
MIAMI, Florida—Reeco announced it secured $15 million in Series A funding. This investment will fuel the company's growth initiatives, including the advancement of the...
CoStar: New Year’s Holiday Shift Boosts U.S. Hotel Performance
WASHINGTON—Due to the New Year’s holiday shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Jan. 4, 2025.
U.S....
CooperWynn Capital Arranges Loan for Wylder Windham Resort
PARK CITY, Utah—CooperWynn Capital announced it has arranged the $19.5 million floating rate non-recourse loan with Formida Capital for the Wylder Windham Resort, located...