Tag: finance
MHG Hotels Acquires Courtyard West Palm Beach Airport
WEST PALM BEACH, Florida—MHG Hotels announced the recent acquisition of Courtyard West Palm Beach Airport, marking a milestone in the company's growth. The property...
STR, TE Lift ADR and RevPAR Predictions in Final U.S. Hotel Forecast Revision of...
HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S....
CoStar: U.S. Hotel Performance Increases Overall
WASHINGTON—U.S. hotel performance increased from the previous week and showed positive year-over-year comparisons, according to CoStar’s latest data through Nov. 11, 2023.
U.S. Hotel Performance
November...
MCR, Island Capital Group Close on Sheraton New York Times Square Refinancing
NEW YORK—MCR Hotels, Island Capital Group, and JLL's Hotels & Hospitality Group announced that MCR and Island have closed on a $260 million refinancing...
Charlestowne Hotels Opens the Little Mod Hotel
CHARLESTON, South Carolina—Charlestowne Hotels announced the opening of the Little Mod Hotel in Charlottesville, Virginia. Adjacent to the University of Virginia (UVA) grounds, a...