CBRE: U.S. Commercial Real Estate Prices Show Signs of Stabilization
DALLAS—Commercial real estate prices are showing signs of stabilizing as inflation moderates and the Federal Reserve nears the end of its interest rate hiking...
Choice Hotels Shares Second-Quarter 2023 Results
ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its second quarter 2023 results. Highlights of second quarter 2023 results include:
Total revenues reached $427.4 million for the...
IHG Shares First Half Results; Reveals New Midscale Brand
InterContinental Hotels Group PLC released interim results for the first half of the year ending June 30, 2023, and reveals information about a new...
JLL Arranges Sale of Mezzanine Loan for Club Quarters Portfolio
NEW YORK—JLL's Hotels & Hospitality Group announced that it arranged the sale of a mezzanine loan for a four-property portfolio of hotels totaling 1,228...
CoStar: U.S. Hotel GOPPAR Fell for Second Consecutive Month
WASHINGTON—U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month, according to CoStar's June 2023 P&L...
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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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