CoStar: U.S. Hotel Industry Showed Mixed Month-Over-Month Performance in July
WASHINGTON —The U.S. hotel industry reported mixed performance results month over month, according to July 2023 data from CoStar.
U.S. Hotel Performance
July 2023
(Percentage change from...
Extended Stay Premier Suites Boise-Meridian Opens
CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay Premier Suites Boise-Meridian, located in Meridian, Idaho. RREAF Holdings developed the property,...
Arriba Capital Closes Construction Loan for Dual-Brand Property in Houston, Texas
SCOTTSDALE, Arizona—Arriba Capital announced that it closed a ground-up construction loan for a Holiday Inn Express and Staybridge Suites dual-brand property in the CBD...
My Place Hotels of America Opens Property in Nampa, Idaho
ABERDEEN, South Dakota—My Place Hotels of America has opened My Place Hotel Boise/Nampa, ID-Idaho Center in Nampa, Idaho. The property, owned by Rimrock Companies...
Delta Hotels by Marriott New York Times Square Opens
Delta Hotels by Marriott continued to grow its global footprint with the new Delta Hotels by Marriott New York Times Square, the brand's first...
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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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