HRI Properties Buys DoubleTree Minneapolis
MINNEAPOLIS—HRI Properties, LLC (HRI) has announced it has acquired DoubleTree Suites by Hilton Hotel Minneapolis. The hotel is located at 1101 LaSalle Avenue, six...
Courtyard by Marriott Opens in Spring, Texas
SPRING, Texas—Woodbine Development Corporation and InterMountain Management are pleased to announce the opening of a new 125-room Courtyard by Marriott in Spring, Texas. The...
My Place Hotels to Open in Colorado
LOVELAND, Colo.—My Place Hotels of America has announced Loveland will be home to Colorado’s first My Place Hotel. Construction is nearing completion on the...
A ‘BIT’ About Protecting Foreign Investments
Investing abroad may present lucrative opportunities in the form of new markets and customers. Hospitality companies, however, often face unique challenges when doing business...
MGM Purchases Borgata Hotel Casino & Spa
LAS VEGAS—MGM Growth Properties and MGM Resorts International completed the transactions for the acquisition of Borgata Hotel Casino & Spa following MGM Resorts' purchase...
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This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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,...
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