HomeFinance & Development

Finance & Development

opens two hotels

Red Roof Opens Two Hotels in North Carolina and Virginia

Red Roof shared the opening of two hotels: the Red Roof Inn Charlotte-Airport and the Red Roof Inn Doswell-Kings Dominion. More details about the...

Bentley Legacy Holdings Acquires The Raphael Hotel, Autograph Collection

KANSAS CITY, Missouri—Bentley Legacy Holdings (BLH), through its partnership with Pendant Capital, has expanded its portfolio of boutique hotel assets with the acquisition of...

IHG Signs Three Staybridge Suites in Europe

IHG Hotels & Resorts announced its growth in the European upscale extended-stay segment with the signing of Staybridge Suites Budapest – Parkside, Hungary; Staybridge...

CBRE: RevPAR Growth Predicted to Improve in the Second Half of 2024

DALLAS, Texas—CBRE expects revenue per available room (RevPAR) growth to improve in the second half of 2024, following a weaker-than-expected first quarter. CBRE’s latest...
U.S. hotel performance

CoStar: U.S. Hotel Industry Posts Higher Performance From Previous Week

WASHINGTON—The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through May...