Thompson Hotels to Open Three Texas Properties
DENVER, Colo.—Two Roads Hospitality, a newly-created international lifestyle company featuring an unrivaled collection of truly individual hotels, resorts and vacation residences, is developing three...
STR: U.S. Hotel Performance Continues Falling, Improves Compared to 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week but showed improved comparisons with 2019, according to STR's latest data through August...
Manchise Agreements: What To Know and Consider
When selecting a brand and manager for a hotel, owners are faced with a choice: either hire the “brand” to manage their asset or...
Classic Hotels & Resorts Acquires Laguna Cliffs Inn
Phoenix, Ariz.—Classic Hotels & Resorts has acquired The Laguna Cliffs Inn located in Laguna Beach, Calif. The boutique property is the newest addition to...
EOS Investors Acquires Kingston Resorts
NEW YORK — EOS Investors LLC, a privately held real estate investment firm, has acquired Kingston Resorts, a multi-property destination located on 2,800 linear...
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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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