Cheap Oil’s Impact on Energy Market Hotels
After dropping precipitously last year, oil prices have settled into a new normal the past few months with crude staying cheap due to a...
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher...
A Look Behind Hotel Transaction Growth
According to STR, 2018 was one of the best years in recent history for hotel transactions. With 707 transactions, a 25 percent increase since...
STR: U.S. Hotel Performance Fell From the Previous Week
HENDERSONVILLE, Tennessee—U.S. hotel performance fell from the previous week, according to STR's latest data through March 4, 2023.
U.S. Hotel Performance
February 26-March 4, 2023
Percentage...
Profit Per Room Falls for Washington, D.C. Hotels in July
In line with the performance of full-service hotels across the United States in July, properties in Washington, D.C., also had a tough stretch as...
Most Popular
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....
Advertisement