iBorrow and Rueben Brothers Provide Financing for Property Formerly Known as the Standard Hotel
WEST HOLLYWOOD, California—iBorrow announced that it has provided financing to Ian Schrager and Ed Scheetz to enable their acquisition of a 139-key hotel property...
Accor Releases Fiscal-Year 2022 Results
After two years impacted by the health crisis, the fiscal year 2022 posted a solid and sustainable rebound in Accor’s activity. The performance of...
JLL Closes Sale of Two Marriott-Branded Properties in New Jersey
NEW YORK—JLL’s Hotels & Hospitality Group announced that it has closed the sale of two Marriott brand hotels totaling 372 keys along the Hudson...
Hyatt Hotels Corporation Reports Q4 and Full-Year 2022 Financial Results
CHICAGO—Hyatt Hotels Corporation reported fourth quarter and full year 2022 financial results. Highlights include:
Net income was $294 million in the fourth quarter and $455...
STR: U.S. Hotel Performance Increases From Previous Week
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through February 18, 2022.
U.S. Hotel Performance
February 12-18, 2023
Percentage change from...
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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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