Baird/STR Hotel Stock Index Dropped in September 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 2.0 percent in September to a level of 5,739.
“Hotel stocks were down again in September,...
Stockdale Capital Partners Acquires the InterContinental Houston
LOS ANGELES—Stockdale Capital Partners acquired InterContinental Houston, a 354-key hotel built in 2019 and located in Houston, Texas. The property is within close proximity...
Sonesta Opens Signature Inn San Francisco Marina
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the grand opening of a Signature Inn San Francisco Marina, a 32-room, upper-economy property located in San Francisco,...
CoStar: U.S. Hotel Performance Lowers But Shows Improved Comparisons
WASHINGTON—As expected, U.S. hotel performance was lower than the previous week, but year-over-year comparisons were improved, according to CoStar’s latest data through Sept. 30,...
Wyndham Grand Barbados, Sam Lord’s Castle Resort & Spa Announces Opening
PARSIPPANY, New Jersey—Wyndham Grand announced it’s taking reservations for its newest resort, the 422-room all-inclusive Wyndham Grand Barbados, Sam Lord’s Castle Resort & Spa....
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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