R.D. Olson Opens Burbank SpringHill Suites
BURBANK and IRVINE, Calif.—R.D. Olson Development has opened the 170-room SpringHill Suites by Marriott hotel in Burbank, California, adding to the growing list of...
Cambria Southlake DFW North Breaks Ground
SOUTHLAKE, Texas—Choice Hotels International, Inc., Fillmore Capital Partners, and developer Fillmore Hospitality announced the groundbreaking of Cambria Southlake DFW North and the grand opening...
Starwood’s Luxury Collection Expands European Portfolio
BRUSSELS—Following the announcement of Starwood Hotels & Resorts Worldwide, Inc. investing $300 million in coordination with its owner partners to expand and improve The...
Unpacking Utilities: How Consumption and Pricing Influence Costs
When managing utility costs, hoteliers need to understand how much they spend on each service. According to the 2015 edition of Trends in the...
Deal Roundup: The Latest Sales and Acquisitions
On July 10, InterContinental Hotels Group announced it agreed to sell ownership interest in InterContinental Hong Kong to Supreme Key Limited, a consortium of...
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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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