Tru by Hilton Rolls Out Updated Prototype
MCLEAN, Va.—Hilton’s midscale hotel brand, Tru by Hilton, is rolling out an enhanced prototype. Guided by strategic partnerships with key stakeholders including owners, guests,...
RLH Corporation Completes Acquisition of Wyndham’s Knights Inn Brand
DENVER—RLH Corporation announced on Monday that it closed its acquisition of the Knights Inn brand from Wyndham Hotel Group, a subsidiary of Wyndham Worldwide....
How Red Roof Plans to Break Into City Centers
Red Roof recently announced plans to expand the Red Collection, a portfolio of upper-economy to midscale hotels in city centers that the company launched...
Mandelbaum Properties to Bring 21c Museum Hotel to Des Moines
NEW YORK—Mandelbaum Properties has partnered with 21c Museum Hotels to bring the boutique hotel and contemporary art museum to downtown Des Moines as part...
Best Western’s Unique Entry into the Economy Segment
About a year ago, Best Western saw some white space in the lodging industry—there weren’t a lot of options out there for travelers in...
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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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