Global Hotel Pipeline Down Slightly in 2020
PORTSMOUTH, N.H. — At the end of 2020, the global hotel construction pipeline stood at 13,943 projects/2,312,410 rooms—down 7 percent by projects and 6...
Valor Hospitality Partners Opens The Valley Hotel Outside Birmingham, Alabama
HOMEWOOD, Ala. — Valor Hospitality Partners announced the opening of The Valley Hotel, a 129-room upper-upscale boutique hotel in downtown Homewood, Alabama, minutes south...
Wyndham’s First Dual-Brand La Quinta and Hawthorn Suites Breaks Ground in Texas
PARSIPPANY, N.J. — Wyndham Hotels & Resorts announced the first groundbreaking of its new La Quinta and Hawthorn Suites dual-brand hotel concept in Pflugerville,...
Baird/STR Hotel Stock Index Up 22.4 Percent in February
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 22.4 percent in February 2021 to a level of 5,141. Year to date through the...
STR: U.S. Hotel Results for Final Week of February
HENDERSONVILLE, Tennessee—In the final full week of February, U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR's latest data for...
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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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