Baird/STR Hotel Stock Index Up 12.7 Percent in December
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 12.7 percent in December 2021 to a level of 5,744. For 2021 as a whole,...
Radisson Hotel Philadelphia Opens
MINNEAPOLIS, Minnesota—Radisson announced the opening of Radisson Hotel Philadelphia, following a multi-million-dollar renovation showing the brand’s signature Scandinavian design. The hotel is in Philly’s...
Current Rocky Point LCC Purchases The Current Hotel
TAMPA, Florida—Current Rocky Point LLC, a special purpose entity affiliated with Tampa-based Caspers Company, has purchased The Current Hotel, an Autograph Collection hotel by...
HUNTER Brokers Sale of Hyatt Place Downtown Greenville
ATLANTA—Led by Senior Vice President Mayank Patel, Hunter Hotel Advisors represented Tara Investments in the sale of the Hyatt Place Downtown Greenville, South Carolina....
STR: U.S. ADR Reaches All-Time Weekly High
HENDERSONVILLE, Tennessee—U.S. hotel average daily rate (ADR) reached an all-time weekly high in the final week of 2021 leading into New Year's Day, according...
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CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance
WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024.
U.S. Hotel...
IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
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