Tag: April
2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges
While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...
Rockpoint and Highgate Announce Sale of Scottsdale Plaza Resort and Villas
BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley,...
Pyramid Global Hospitality Shares U.S. Portfolio Expansion
BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii....
Kimpton Las Mercedes to Serve as Brand’s First Hotel in the Dominican Republic
ATLANTA—Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, announced it will open a new boutique hotel in Santo...
Two Sonesta Essential Hotels Open in West Virginia and Texas
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of two new upper-midscale Sonesta Essential hotels in March. Sonesta Essential Morgantown is a 57-room hotel...