Deal Report: Four Financing and Acquisition Announcements
HREC Arranges Sale of DoubleTree by Hilton San Antonio Airport
HREC Investment Advisors has arranged the sale of the 291-guestroom DoubleTree by Hilton San Antonio...
JLL’s Hotels & Hospitality Group Arranges Financing for Miami Beach EDITION
MIAMI—JLL's Hotels & Hospitality Group announced that it has arranged $180 million in financing for the 294-key Miami Beach EDITION hotel in Miami Beach,...
CoStar: U.S. Hotel Performance Continues to Follow Seasonal Patterns
WASHINGTON—Following seasonal patterns, U.S. hotel performance declined from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through...
STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2019
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019, according to STR's June 2022 P&L data...
Accor Releases Full-Year and Q4 2023 Results
Accor released full-year and Q4 2023 results. Driven by demand, Accor was able to set records in terms of operating and financial performance. All...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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