U.S. hotel performance

CoStar: U.S. Hotel Performance Decreases With Easter Holiday

WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar's latest data through March 30, 2024. U.S....

Featuring an Eclectic Design and Innovative Amenities

The Moxy Phoenix Downtown | Phoenix, Arizona The Moxy recently opened in Phoenix’s historic Luhrs Building, one of the downtown’s oldest buildings and a Qualified...
Texican Court

Sonnenblick-Eichner Arranges Refinancing for Texican Court Hotel

LOS ANGELES, California—Sonnenblick-Eichner Company on behalf of Valencia Hotel Group has arranged $19.5 million of first mortgage debt to refinance the Texican Court hotel...
Pittsburgh

JLL Arranges Sale of Hyatt Place Pittsburgh Airport / Robinson Mall

NEW YORK—JLL’s Hotels & Hospitality Group announced that it arranged the sale of the 127-room Hyatt Place Pittsburgh Airport / Robinson Mall in Pittsburgh,...

Graduate Princeton Set to Open in June 2024

PRINCETON, New Jersey—Graduate Hotels announced that its latest hotel in Princeton, New Jersey is accepting reservations ahead of its opening in early June 2024....
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utility costs

Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...

Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...

The Bentley Hotel Southampton to Join JdV by Hyatt Brand

CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
technology

Gale Miami Hotel and Residences Partners With Stayntouch

BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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