Report: U.S. Hotels Have Reason for Optimism as Consumer Confidence Grows
The latest edition of Duetto’s Pulse Report, which tracked data for February 2021, shows that the majority of markets across the Americas are continuing...
STR: U.S. Hotel Results for Final Week of February
HENDERSONVILLE, Tennessee—In the final full week of February, U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR's latest data for...
Monthly P&L: U.S. GOPPAR Hits Highest Level Since October
BROOMFIELD, Colorado — In January 2021, U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the...
HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January
After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...
Winter Storm Drives Texas Hotel Occupancy to 50-Week High
HENDERSONVILLE, Tennessee — Texans displaced by freezing temperatures and outages pushed the state’s hotel occupancy to a 50-week high, according to an analysis by...
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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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