Hotel and Real Estate Veterans Launch New Firm: Hospitality Advisory Associates
DALLAS — A group of hotel and real estate veterans have launched Hospitality Advisory Associates (HAA) to help hospitality companies navigate every stage of...
U.S. Hotel Interest Coverage: Projecting Even Worst-Case Scenarios
ACCORDING TO THE MARCH 2019 EDITION OF CBRE’S HOTEL HORIZONS forecast report, RevPAR growth for the U.S. lodging industry will be limited to under...
4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow
Through the third quarter of 2023, the U.S. hotel industry showed some continuation of profitability trends as well as new developments in the data...
STR: Occupancy Remains Above 50 Percent for Second Consecutive Week
HENDERSONVILLE, Tennessee—U.S. hotel occupancy for the week of October 11-17, 2020, was virtually flat from the previous week at 50.1 percent, according to the...
Checking In With Ashford Hospitality Trust CEO Doug Kessler
Ashford Hospitality Trust recently launched Ashford’s Enhanced Return Funding Program, a first of its kind in the public REIT space. LODGING caught up with Doug Kessler,...
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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....
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