Tag: finance
CoStar: U.S. Hotel Industry Reports Negative Weekly Comparisons
ARLINGTON, Virginia—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through May 10.
U.S. Hotel PerformanceMay 4 - May 10, 2025Percentage change...
Hunter Hotel Advisors Facilitates Sale of Hampton Inn & Suites Bridgewater
ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the sale of the Hampton Inn & Suites Bridgewater. Innzen Hospitality purchased the property from FSG Bridgewater Hotel...
CBRE Forecasts Modest RevPAR Growth in 2025
DALLAS, Texas—CBRE forecasted that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from...
NexGen Hotels Acquires Claridge House Chicago
CHICAGO, Illinois—NexGen Hotels announced the acquisition of the Claridge House Chicago hotel in Chicago’s Gold Coast Historic District. The boutique hotel will rebrand as...
Wyndham and Le Park Concord to Launch 100 Super 8 Hotels Across Saudi Arabia
RIYADH—Wyndham Hotels & Resorts has entered into an exclusive development agreement with Le Park Concord Company to launch its Super 8 by Wyndham brand...