STR, TE Slightly Adjust 2024-2025 U.S. Hotel Forecast
NASHVILLE—STR and Tourism Economics made slight adjustments to the 2024-25 U.S. hotel forecast released at the 16th Annual Hotel Data Conference.
For 2024, projected gains...
Hyatt Hotels Corporation Reports Q2 2024 Results
CHICAGO—Hyatt Hotels Corporation reported second quarter 2024 results. Highlights include:
Comparable system-wide hotels RevPAR increased 4.7 percent compared to the same period in 2023
Comparable system-wide...
IHG Hotels & Resorts Reports Half-Year Results
IHG Hotels & Resorts reported half-year results ending June 30, 2024. Highlights include company performance with operating profit from reportable segments (+12 percent) and...
Hilton Releases Q2 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its second quarter 2024 results. Highlights include:
Adjusted EBITDA is projected to be between $875 million and $890 million.
Diluted...
CoStar: U.S. Hotel Industry Performance Lowers From Previous Week
WASHINGTON—The U.S. hotel industry reported lower performance results than the previous week and mixed comparisons year over year, according to CoStar’s latest data through...
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Historic Inn at Warner Hall Acquired by BluWater Group
GLOUCESTER, Virginia—BluWater Group, an Orlando, Florida-based private equity firm, announced today the expansion of its portfolio with the acquisition of the Inn at Warner...
The Westin Cape Coral Resort at Marina Village Promotes Keneven to Senior Sales Executive
CAPE CORAL, Florida—The Westin Cape Coral Resort at Marina Village announces the promotion of Sandra Keneven to senior sales executive. In this new role, Keneven will...
Hyatt Discloses Exclusive Discussions With Playa Hotels & Resorts N.V.
CHICAGO, Illinois—Hyatt Hotels Corporation today disclosed it has executed an exclusivity agreement with Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) under which Playa...
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