Canopy by Hilton Reveals Portland Property
PORTLAND, Ore.—Canopy by Hilton,Hilton Worldwide’s hotel brand that redefines the lifestyle hotel category, and The Buccini/Pollin Group, unveiled plans for Canopy’s first hotel in...
Extended-Stay Consistently Outperforming Other Tiers
As the U.S. lodging industry continues to post healthy results, it is worth examining some niche products and their performance. Many extended-stay chains are...
Residence Inn Opens in Cedar Rapids
CEDAR RAPIDS, Iowa—Hawkeye Hotels announces the opening of a newly constructed Residence Inn by Marriott in the hotel district on the south side of...
Carey Watermark Acquires Le Méridien Arlington
NEW YORK—Carey Watermark Investors 2, Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced...
Construction Begins on Conrad Washington, D.C.
WASHINGTON, D.C.—Hines, an international real estate firm, and Qatari Diar, the real estate development entity of the Qatar Investment Authority (the co-developers of CityCenterDC),...
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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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