Preferred to Launch 24 Properties in 2016
CHICAGO—Preferred Hotels & Resorts, announces 24 new properties worldwide scheduled to launch before the end of the year, presenting options for travelers in both...
China’s Aggressive Approach to Hotel Acquisitions
NEW YORK—Decelerating industry fundamentals and weakness in forward-looking equity market prices for hotel-related companies hasn't kept Chinese companies from dominating the hotel investment landscape...
Room Mate Hotels Opens in Milan, Malaga
MADRID—Room Mate Hotels continues its rapid global expansion plans with the launches of two new boutique properties in Europe: Room Mate Giulia in Milan...
WaterWalk Inks $150 Million Deal with Rockford Development
WICHITA, Kan.—WaterWalk Hotel Apartments, Jack DeBoer’s fifth national brand, has executed an agreement with a Rockford Development Group venture, led by Paul Roberts of...
Marcus & Millichap Sells $58.2 Million Hampton Inn Nashville
NASHVILLE, Tenn.—Marcus & Millichap has announced the sale of the 154-room Hampton Inn & Suites in downtown Nashville. The $58.2 million sales price equates...
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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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