Marriott and BPM Real Estate Group Bring The Ritz-Carlton Brand To the Pacific Northwest
BETHESDA, Md.—Marriott International has signed an agreement with developer BPM Real Estate Group to bring its Ritz-Carlton brand for the first time to Portland...
Eldorado Resorts To Merge With Caesars in $17.3 Billion Deal
RENO, Nev. and LAS VEGAS—Eldorado Resorts and Caesars Entertainment Corporation announced that they have entered into a definitive merger agreement to create the largest...
My Place Opens First Hotel in Wisconsin
MOUNT PLEASANT, Wis.—My Place Hotels of America has opened the brand’s newest hotel in the Village of Mount Pleasant. My Place-Mt. Pleasant marks the...
Jagruti Panwala, AAHOA Board Chair, on Projects and Projections for Owners
The chairwoman of the board of the Asian American Hotel Owners Association (AAHOA) Jagruti Panwala speaks both as a hotel owner and CEO of...
STR: U.S. Hotels Report Positive Performance in May 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in three key performance metrics during May 2019, according to data from STR. In a year-over-year...
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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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