F&B profits

Shifts in Revenue and Expenses Boost Hotel F&B Profits

Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they...
Kimpton Tryon Park Hotel

Kimpton Tryon Park Hotel Opens as Kimpton’s First Boutique Property in Charlotte

CHARLOTTE, N.C.–Kimpton Hotels & Restaurants has opened its first boutique hotel in Charlotte. Kimpton Tryon Park Hotel is located at the corner of Third...
Holston House — The Unbound Collection by Hyatt

Holston House Opening In Downtown Nashville As Part Of Hyatt’s Unbound Collection

NASHVILLE, Tenn.—HRI Properties, LLC and Hyatt announced that the Holston House hotel is expected to open December 2017 in the heart of downtown Nashville,...
avid hotel groundbreaking

IHG Breaks Ground on First avid hotel in Oklahoma City

Yesterday, IHG celebrated the groundbreaking of the first property for their new brand, avid hotels, in Oklahoma City. The 87-room avid hotel Oklahoma City–Quail...
Radisson Hawkeye Hotels

Hawkeye Hotels Acquires Radisson Quad City Plaza

DAVENPORT–The Iowa-based firm Hawkeye Hotels has assumed ownership of the Radisson Quad City Plaza in Davenport with plans to renovate the property. This hotel...
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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...
Q1 2024 results

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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