Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality...
Baird/STR Hotel Stock Index Up 6.2 Percent in June
HENDERSONVILLE, Tenn., and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 6.2 percent in June to 4,935—up from May when the index dropped 4.9 percent to...
JLL Capital Markets Arranges Financing for The Sandbar Hotel
BOSTON—JLL Capital Markets announced that it arranged $7.59 million in financing for The Sandbar Hotel, Trademark Collection by Wyndham, a 121-key, limited-service, beachfront hotel...
STR: Overall U.S. Weekly Hotel Performance Strengthens
HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week but showed weakened comparisons to 2019, according to STR's latest data through December...
STR: U.S. Hotel Performance Remains Flat
HENDERSONVILLE, Tennessee—U.S. hotel performance remained mostly flat from the previous week, and year-over-year comparisons remained mixed, according to STR's latest data through June 24,...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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