CoStar: U.S. Weekly Hotel Performance Reports Positive Comparisons
ARLINGTON, Virginia—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through March 1, 2025.
U.S. Hotel PerformanceFebruary 23-March 1, 2025Percentage change...
Profiling the Development Pipeline: High Interest Rates and Labor Costs Continue to Impact Construction...
According to CoStar, there were 1,264 properties with a combined total of 151,129 guestrooms under construction in the United States as of November 2024,...
PMZ Realty Capital Arranges Loan for Holiday Inn Express in Texas
NEW YORK—PMZ Realty Capital LLC announced it has arranged a $14.5 million loan for the Holiday Inn Express & Suites Halton City – Fort...
JLL Secures Financing for Woodland Flats Conversion Project
SEATTLE, Washington— JLL Capital Markets announced it has secured a $15.9 million financing for Woodland Flats, a 120-unit hotel-to-multifamily conversion project in Gresham, Oregon.
JLL worked on...
IHG Hotels & Resorts Brings Garner Brand to the United Kingdom
LONDON, United Kingdom—IHG Hotels & Resorts introduced its midscale conversion brand, Garner hotels, to the United Kingdom. Garner Hotel Preston Samlesbury marks a milestone...
Most Popular
Grand Hyatt Atlanta Launches the Completion of Its Multi-Phased Renovation
ATLANTA, Georgia—Grand Hyatt Atlanta in Buckhead announced the completion of its multi-phased renovation. In collaboration with DLR Group and designONE studio, this renovation incorporates...
LG Launches Commercial Robotic Vacuum Cleaner for Hotels
LINCOLNSHIRE, Illinois—LG Electronics USA has introduced a commercial-grade autonomous vacuum cleaning device, developed in collaboration with the Marriott Design Lab. The LG Robotic Vacuum...
Hunter Hotel Advisors Closes $31.47 Million in Financing for Three Hotels
ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the closing of $31.47 million in financing for three hotel properties. Senior Vice President of Capital Markets Adeel...
Advertisement