Fairmont Newport Beach Sells for $125 Million
ALISO VIEJO, Calif.—Sunstone Hotel Investors has announced the sale of the 444-room Fairmont Newport Beach for a contractual gross sale price of $125.0 million,...
Pendry Hotels Opens in San Diego
ORANGE COUNTY, Calif.—Pendry Hotels has announced the grand opening of its first hotel in San Diego’s renowned downtown Gaslamp Quarter. A new luxury brand...
Aloft Miami Airport Opens
BETHESDA, Md.—Marriott International has announced it has opened an Aloft hotel at Miami International Airport. The brand’s fourth hotel in greater Miami, Aloft Miami...
W Hotels to Debut in Prague in 2020
NEW YORK—W Hotels Worldwide, part of Marriott International, has announced it will open W Prague in 2020. Owned by PPH Evropa s.r.o, W Prague...
R.D. Olson Completes First DKN Hotels Project
IRVINE, Calif.—R.D. Olson Construction, a premier builder of hotel properties in California, has announced it completed construction on Homewood Suites by Hilton Irvine/John Wayne...
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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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