Midas Hospitality To Co-Develop Its First Los Angeles-Area Property
ST. LOUIS — Midas Hospitality, a hotel development, management, and investment firm, recently announced its second opportunity zone fund that is seeking to raise...
Grand Hyatt Opens First U.S. Mountain Resort
CHICAGO—Hyatt has announced the opening of the luxury Grand Hyatt Vail, marking the second Grand Hyatt hotel in Colorado and the first in a...
U.S. Hotels Record a Fifth Month of Profit Growth
Revenue per available room (RevPAR) and profit don’t always move lock and step, as demonstrated by HotStats' most recent data tracking full-service hotels. RevPAR...
U.S. Hotels Report Mixed Results for Week of July 14-20
HENDERSONVILLE, Tenn.—The U.S. hotel industry reported mixed year-over-year results in three key performance metrics during the week of July 14-20, 2019, according to data...
RLH Corporation Expands Signature Brand With Four Openings
DENVER—RLH Corporation announced the anticipated openings of four new Signature hotels, anchoring its presence in the Pacific Northwest with the opening of Signature Bend,...
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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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