Evolving Fees: The Growth in Management Expenses
In 2019, 86 percent of hotels that participated in CBRE Hotels Research’s annual Trends in the Hotel Industry survey of property-level operating statements reported...
STR: ADR and RevPAR Hit Highest Levels Since Early March 2020
HENDERSONVILLE, Tennessee—According to STR‘s latest data through April 3, 2021, U.S. hotel occupancy remained flat from the previous week, while the country’s ADR and...
Summer 2021 Set to Outperform Summer 2019 in Latin America
The latest edition of Duetto's Pulse Report, which tracked data for March 2021, shows some real reason for optimism in the United States heading...
STR: United States Led Q1 2021 Global Hotel Openings
HENDERSONVILLE, Tennessee—The United States led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM...
STR: Short-Term Rentals Record Higher Occupancy Than Hotels in Three Markets
HENDERSONVILLE, Tennessee — Short-term rentals in Miami, Nashville, and Philadelphia recorded increases in occupancy and revenue per available room (RevPAR) in February 2021, according...
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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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