CoStar: Americas Region Shows Pipeline Activity Increase
WASHINGTON—The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to...
STR: Occupancy Declines Further in Second Week of November
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy for November 8-14, 2020, slipped further from previous weeks, according to the latest data from STR.
U.S. Hotel Industry Performance
Nov....
STR: United States Led Q1 2021 Global Hotel Openings
HENDERSONVILLE, Tennessee—The United States led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM...
STR: U.S. Weekly Hotel Performance Shows Mixed Comparisons With 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week and showed mixed comparisons with 2019, according to STR's latest data through August...
Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee...
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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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