Tag: 2024
Amadeus Reports Q3 2024 Financial Results
Amadeus reported Q3 2024 financial results. Highlights for the nine months ended September 30, 2024, (relative to the prior year) include:
Air distribution revenue grew...
Mesa West Capital Provides Loan to Refinance Thompson Savannah
NEW YORK—Mesa West Capital has provided a joint venture led by Regent Partners (Regent) and Mariner Group (Mariner) with $50 million in short-term first...
Courtyard by Marriott Reno Sparks Opens
RENO-SPARKS, Nevada, and FRISCO, Texas—Galaxy Hotels Group announced the opening of the company’s newly built Courtyard by Marriott Reno Sparks in northern Nevada. Offering...
CBRE: Commercial Real Estate Lending Improved in Q3 2024
DALLAS, Texas—The commercial real estate lending market experienced continued improvement in the third quarter of 2024, marked by an increase in acquisition financing and...
Profitability Pressures: Lower F&B Margins Emphasize the Need for Creativity
Year to date, U.S. hotel performance has come in a bit weaker than projected with demand almost flat (+.1 percent) and RevPAR growth at...