Tag: finance
CoStar: U.S. Hotel Performance Decreases, Shows Positive Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data through Oct. 28, 2023.
U.S. Hotel...
Marriott Releases Q3 2023 Results
Marriott International reported its Q3 2023 results. Highlights include:
Third quarter 2023 comparable systemwide constant dollar RevPAR increased 8.8 percent worldwide, 4.3 percent in the...
Parks Hospitality Holdings Acquires Boston Park Plaza
BOSTON, Massachusetts—Parks Hospitality Holdings confirmed the acquisition of the Boston Park Plaza. Located in Boston's central Back Bay neighborhood, the 1,060-key property will see...
Accor Reports Q3 2023 Results
ISSY-LES-MOULINEAUX, France—According to Accor, hotel demand remained strong throughout Q3 2023, with RevPAR up 15 percent compared with the prior year despite a high...
Berkadia Arranges Refinancing for Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank
JACKSONVILLE, Florida—Berkadia’s Hotels & Hospitality team arranged the refinancing of the leasehold interest in the Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank, a 221-key,...