Three Ways Hotels Are Repositioning Unique Assets
Celebrity chef restaurants, locally inspired food and beverage offerings, communal social spaces, and in-room and hotel-led fitness options–these trends represent a transformation of the...
AmericInn Adds New Properties Throughout Upper Midwest
AmericInn, the largest midscale hotel brand in the Upper Midwest, is expanding in Wisconsin with the recent addition of two new AmericInn Hotel &...
Six Qualities to Look for in a Hotel Broker
Peter Nichols is vice president and national director of the Hospitality Group at Marcus & Millichap, a real estate brokerage firm. Nichols says that when looking for qualities...
U.S. to Top $100 Billion in Vacation Spending This Summer
U.S. vacationers are spending more on summer travel this year, topping $100 billion for the first time, according to the eighth annual Allianz Travel Insurance Vacation...
Interstate’s Don Li Talks Asian Investment in U.S. Hotels
In June, hotel management company Interstate Hotels & Resorts announced the launch of its Asia Investment Group. Conceived to aid Asian owners seeking to...
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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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