Finance

Signature Inn Berkeley Opens

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Signature Inn Berkeley, a 29-room, upper-economy property located in Berkeley, California. The hotel is near...
credit transactions

Peachtree Group Increases Credit Transaction Volume

ATLANTA—Peachtree Group deployed $1.6 billion in credit transactions in 2024, marking a 54 percent increase from 2023. This growth shows Peachtree’s reach in private...

CoStar: New York City and Nashville to Open Most Hotel Rooms in 2025

WASHINGTON—Among U.S. markets, New York City and Nashville are projected to open the most hotel rooms in 2025, according to CoStar pipeline data. Top Markets...
ESA Bradenton

Sandpiper Acquires Extended Stay America Premier Suites in Bradenton, Florida

RICHMOND, Virginia—Sandpiper, LLC announced the acquisition of the Extended Stay America (ESA) Premier Suites in Bradenton, Florida. The North Port–Sarasota–Bradenton MSA, just south of...
february 2025

CoStar: U.S. Hotel Industry Reports Positive Yearly Comparisons

WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Feb. 1, 2025. U.S. Hotel PerformanceJanuary 26-February 1, 2025Percentage change from...