Holiday Inn El Paso Acquisition Sponsored by Legendary Capital
FARGO North Dakota—Legendary Capital is sponsoring the 175-room Holiday Inn El Paso Sunland Park (“HI-El Paso”) acquisition in a $9.7 million transaction. The deal...
Xenia Hotels & Resorts Acquires The Ritz-Carlton Denver for $100 Million
ORLANDO, Fla.—Xenia Hotels & Resorts today announced its acquisition of The Ritz-Carlton, Denver, for a purchase price of $100.25 million—approximately $496,000 per key. The...
STR: U.S. Hotel Performance Reflects Seasonal Levels
HENDERSONVILLE, Tennessee—Reflecting post-holiday seasonal performance levels, overall U.S. hotel performance fell from the previous week, according to STR's latest data through January 8, 2021.
U.S....
Baird/STR Hotel Stock Index Jumped 31 Percent in November
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index was up 31 percent in November 2020 to a level of 4,354. Year to date through...
Baird/STR Hotel Stock Index Ended 2022 15 Percent Down
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 10 percent in December to a level of 4,885. For 2022 as a whole, the...
Most Popular
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....
Advertisement