AHLA and HAMA Form a New Strategic Partnership
WASHINGTON—The American Hotel & Lodging Association (AHLA) and the Hospitality Asset Managers Association (HAMA) announced a new strategic relationship, effective January 1, 2022, with...
Aimbridge Hospitality Acquires Prism Hotels & Resorts
DALLAS—Dallas-based Prism Hotels & Resorts, a full-service hotel management, investment, and advisory services company representing more than 48 properties across the United States, has...
Knowland: November Meetings and Events Volume Decreased
ARLINGTON, Virginia—Knowland, a provider of data-as-a-service insights on meetings and events for hospitality, released monthly meetings and events data for November. Although November U.S....
MMGY Global: Omicron COVID Variant to Potentially Affect U.S. Travelers’ Decisions
KANSAS CITY—MMGY Global’s latest survey of U.S. adults revealed that 45 percent of respondents who are familiar with the Omicron variant are less likely...
Hotel Equities and Sethi Management Form Strategic Alliance
ATLANTA—Hotel Equities (HE) and Sethi Management (Sethi) announced the formation of a strategic alliance whereby HE will provide operational oversight, resources, and national support...
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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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