Tag: finance
Alpental Capital Acquires DoubleTree by Hilton Leominster
Alpental Capital acquired the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023. Located off I-190, the DoubleTree Leominster provides both business and...
Starwood Capital Group Acquires 10-Hotel Portfolio From Edwardian Group
LONDON—Starwood Capital Group announced that a controlled affiliate acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market...
Baird/STR Hotel Stock Index Increased 38.4 Percent in 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 10.5 percent in December to a level of 6,760. For 2023, the stock index was...
STR: U.S. Hotel Performance Decreases While Comparisons Improve
WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through Jan. 6, 2024.
U.S. Hotel Performance
December 31,...
Noble Fund V Holds Closing Round With $1.0 Billion of Equity Commitments
ATLANTA, Georgia—Noble Investment Group announced that it held the final closing for Noble Hospitality Fund V, L.P. (Noble Fund V). This is the fifth...