Tag: February 2025
Sonesta Signs 23 New Franchise Agreements Across Nine Brands
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 23 new franchise agreements during the fourth quarter of 2024, representing growth at nine of...
Driftwood Capital Launches New Lifestyle & Luxury Division
MIAMI, Florida—Driftwood Capital launched its new Driftwood Lifestyle & Luxury Division (DLLUX). A new platform encompassing management, investment, and development, DLLUX is led by...
Crowne Plaza Hotels & Resorts Renovates Several Hotels in the Americas
ATLANTA, Georgia—Crowne Plaza Hotels & Resorts, part of the IHG Hotels & Resorts portfolio, continued to roll out its hospitality vision through recent renovations...
Mint House Acquires Locale
NEW YORK—Mint House announced its acquisition of Locale. The transaction consideration includes both cash and stock, and Mint House investors are supporting the deal...
Marriott International Reports Q4 and Full-Year 2024 Results
Marriott International, Inc. reported fourth-quarter and full-year 2024 results. Highlights include:
Fourth quarter 2024 RevPAR increased 5 percent worldwide, with 4.1 percent growth in the...