CoStar: U.S. Hotel Performance Fell With Thanksgiving Holiday
WASHINGTON—As expected due to the Thanksgiving holiday, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through Nov. 25, 2023....
Inaugural Hyatt Studios Property Breaks Ground
CHICAGO—Hyatt Hotels Corporation marked its entry into upper-midscale lodging in the Americas with the groundbreaking of the first Hyatt Studios property, set to open...
Hotel 11, MOD a Sonesta Collection Opens
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Hotel 11, MOD a Sonesta Collection in Calgary, Alberta, Canada. With views of the Rocky...
Curio Collection by Hilton to Reach 150 Open Hotels by 2024
MCLEAN, Virginia—Curio Collection by Hilton recognized openings that have led the brand to reach its 150th milestone by the end of 2023 with the...
JLL Arranges Sale of Bayside Resort Hotel
BOSTON—JLL's Hotels & Hospitality Group announced that it arranged the sale of Bayside Resort Hotel, a 128-room hotel located on Cape Cod in West...
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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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