Finance

transactions

Off to a Slow Start: U.S. Hotel Transactions at Lowest First-Quarter Dollar Volume Since...

The U.S. hotel industry saw 800 transactions in the first quarter of 2024, according to data from CoStar. Higher interest rates continue to take...
100 properties

DoubleTree by Hilton Surpasses 100 Properties in Asia-Pacific

SINGAPORE—DoubleTree by Hilton surpassed 100 properties in the Asia-Pacific region. This milestone is being driven by recent and upcoming hotel openings across the region,...

Certares, HHM Hotels Acquire Carté Hotel San Diego Downtown

NEW YORK—Certares has acquired the Carté Hotel San Diego Downtown, Curio Collection by Hilton. The lifestyle hotel, under Hilton’s soft brand, Curio, is in...
100th hotel

Sheraton Hotels & Resorts Opens 100th Hotel in Greater China

Sheraton Hotels & Resorts announced the opening of Sheraton Lanzhou Anning in Lanzhou of Gansu province. The opening also marks the 100th Sheraton Hotel...

IHG Hotels & Resorts Brings InterContinental Brand to Cape Town

CAPE TOWN, South Africa—IHG Hotels & Resorts announced the debut of the InterContinental brand in Cape Town with the signing of InterContinental Table Bay...