Is the Industry Upcycle Ending?
After a strong decade of growth in the hospitality sector, coupled with recent trade wars and monetary policy changes, the question at the top...
STR: U.S. Hotel Performance Shows Improvement in February 2021
HENDERSONVILLE, Tennessee—The U.S. hotel industry showed higher performance levels in February 2021 versus the prior month, according to STR data.
Occupancy in February 2021 declined...
Two New Tax Advantaged Financing Tools for Hotel Investors
Brad Elmer, managing director of Baker Tilly Capital, LLC, the wholly owned private investment banking subsidiary of Baker Tilly Virchow Krause, LLP, specializes in...
Sporadic Business Demand Increases Booking Competition
NEW YORK—As hoteliers in major North American markets round out 2016 and prepare for the New Year, the pace of new bookings, especially in...
STR: U.S. Hotel Occupancy at 23.4 Percent for Week of April 12-18
HENDERSONVILLE, Tenn. — Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics...
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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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