Recovery Composition: Returning Group Demand Meets New Trend in Rate Premium
As industry recovery has progressed, the focus has been less on overall performance metrics and more on the detailed demand composition of recovery. Transient...
Noble Investment Group Acquires Hilton Garden Inn Boise | Downtown
ATLANTA—Noble Investment Group (Noble) announced the acquisition of the Hilton Garden Inn Boise | Downtown, capping more than $1 billion of investment activity over...
STR: RevPAR Reaches an All-Time High for the Second Consecutive Week
HENDERSONVILLE, Tennessee—U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis and a pandemic-era high on an inflation-adjusted...
FTI Consulting Announces Sale Process for Grand Cayman Hotel
NEW YORK—FTI Consulting (Cayman) Ltd. announced that David Griffin and Iain Gow have been appointed Receivers of a Grand Cayman hotel, formerly known as...
STR: U.S. RevPAR Reaches All-Time Weekly High on a Nominal Basis
HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis,...