Interstate and White Lodging Close Management Acquisition Deal
ARLINGTON, Va.—Interstate Hotels & Resorts has closed a deal—first announced in December 2017—to acquire the management agreements for 82 premium-branded, select- and full-service hotels,...
HotStats Report: U.S. Hotels End 2017 with Strong Growth
Demand from the commercial segment fell away during the end-of-the-year holidays, and U.S. full-service hotels recorded one of the lowest GOPPAR levels of 2017. Yet...
Four Seasons Expands to New Markets and Adds Residential Projects
TORONTO—Four Seasons Hotels and Resorts is kicking off 2018 with a list of openings planned in new markets, including the company's first standalone residential...
Terrapin Investments Buys Two Glenwood Springs Hotels
Denver, Colo.—HREC Investment Advisors has arranged the sale of the 65-guestroom Holiday Inn Express and the 70-room Hampton Inn, both located in Glenwood Springs,...
Cambria Hotels Marks Record Openings and Pipeline Growth
ROCKVILLE, Md.—Choice Hotels' upscale franchise brand Cambria Hotels finished 2017 by opening the most properties in a single year and increasing the pipeline to...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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