RevPAR Growth Continues to Flourish for Independent Hotels
For the past five years, independent properties have outpaced branded properties in RevPAR growth. For the most recent trailing 12-month period ending July 2019,...
Occupancy Declines For Third Time This Year in September
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported mostly negative results in three key performance metrics for September 2019, according to data from STR....
Q3 2019: U.S. Hotel Industry Reports ADR and RevPAR Increases
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported mostly positive results across three key performance metrics for Q3 2019, according to new data from...
Clarion Partners Makes its First Commercial Property Acquisition
New York - The Clarion Partners Real Estate Income Fund Inc. (CPREIF) has closed on its first investment, an $18 million structured debt investment...
STR: U.S. Results for Week Ending October 5
Henersonvile, Tenn.—The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of September 29 through October 5,...
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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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