Apple Hospitality REIT Acquires AC Hotel by Marriott Washington DC Convention Center
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center for approximately $116.8 million, or...
LivAway Suites Begins Project Development Near Seattle
SALT LAKE CITY—LivAway Suites has started construction on their next project in Renton, Washington, just minutes from SeaTac International Airport and downtown Seattle. Following...
CoStar: U.S. Hotel Performance Increases From the Previous Week
WASHINGTON—U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar's latest data through March 16, 2024.
U.S....
Access Point Financial Unveils PIP Renovation Program
Access Point Financial (APF) announced the launch of its PIP Renovation Program designed to support hotel owners in meeting franchisor-mandated improvements and refreshing their...
Westin Opens Metro Atlanta’s Newest Luxury Hotel
Concord Hospitality announced the opening of The Westin Atlanta Gwinnett located in the Gas South District. Developed in partnership with Gwinnett Convention and Visitors Bureau, the...
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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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