Lodging Daily News

RICHMOND, Virginia—Sandpiper Hospitality expanded its reach with the opening of two new hotels: an ECHO Suites Extended Stay by Wyndham in Richmond, Virginia, and an Extended Stay America Premier Suites in Bradenton, Florida. Each of the newly constructed hotels opened in late January in markets that are experiencing growth for the midscale extended-stay segment. “In one of the hottest segments of the hospitality industry, we continue to pair our expertise with strong brands in popular

With its ties to the Los Angeles community—encompassing 70 years of history, including 40 years as the company’s headquarters—Hilton partnered with American Express to support Angelinos impacted by the recent devastating wildfires by donating 20,000 hotel room nights to families in need of temporary accommodations. Between mid-January and early February, more than 5,000 adults and nearly 2,000 children who were displaced or temporarily evacuated were booked for up to seven nights at Hilton-branded hotels at

InterContinental Hotels Group, PLC reported Q4 and full-year 2024 results. Highlights include: Trading and revenue Global RevPAR up 3 percent (Q4 up 4.6 percent), Americas up 2.5 percent (Q4 up 4.6 percent), EMEAA up 6.6 percent (Q4 up 6.9 percent), and Greater China down 4.8 percent (Q4 down 2.8 percent); U.S. RevPAR was up 1.7 percent, accelerating from .6 percent in the first half of 2024 to up 2.6 percent in the second half of

The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) showed that the global hotel construction pipeline continued its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4 percent increase in projects and a 3 percent increase in rooms year-over-year (YOY). There were 6,231 projects/1,098,620 rooms under construction worldwide at the end of Q4 2024, up 1 percent by projects YOY. Projects scheduled to start construction

PHOENIX, Arizona— JLL’s Hotels & Hospitality Group announced it arranged a $29.5 million refinancing for The Maxwell Hotel, a 139-key boutique hotel located in the Queen Anne neighborhood of Seattle, Washington. JLL worked on behalf of the borrower, Staypineapple, to secure the 10-year, fixed-rate loan through a regional credit union. Opened in 2010, the five-story property includes guestrooms with modern amenities, an indoor pool, a fitness center, an on-site restaurant and bar, and 1,600 square feet