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Acquisitions

Gulph Creek Hotels Opens Moxy Allentown Downtown

WAYNE, Pennsylvania—Gulph Creek Hotels introduced Moxy Allentown Downtown, the latest addition to its portfolio. Located in Allentown’s Downtown West district, this hotel brings a...

Marriott International Reports Q4 and Full-Year 2024 Results

Marriott International, Inc. reported fourth-quarter and full-year 2024 results. Highlights include: Fourth quarter 2024 RevPAR increased 5 percent worldwide, with 4.1 percent growth in the...

Signature Inn Berkeley Opens

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Signature Inn Berkeley, a 29-room, upper-economy property located in Berkeley, California. The hotel is near...
credit transactions

Peachtree Group Increases Credit Transaction Volume

ATLANTA—Peachtree Group deployed $1.6 billion in credit transactions in 2024, marking a 54 percent increase from 2023. This growth shows Peachtree’s reach in private...

CoStar: New York City and Nashville to Open Most Hotel Rooms in 2025

WASHINGTON—Among U.S. markets, New York City and Nashville are projected to open the most hotel rooms in 2025, according to CoStar pipeline data. Top Markets...