Tag: finance
2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges
While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...
CoStar: U.S. Hotel Performance Decreases With Easter Holiday
WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar's latest data through March 30, 2024.
U.S....
Sonnenblick-Eichner Arranges Refinancing for Texican Court Hotel
LOS ANGELES, California—Sonnenblick-Eichner Company on behalf of Valencia Hotel Group has arranged $19.5 million of first mortgage debt to refinance the Texican Court hotel...
JLL Arranges Sale of Hyatt Place Pittsburgh Airport / Robinson Mall
NEW YORK—JLL’s Hotels & Hospitality Group announced that it arranged the sale of the 127-room Hyatt Place Pittsburgh Airport / Robinson Mall in Pittsburgh,...
CoStar: U.S. Hotel Performance Shows Positive Yearly Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar's latest data through March 23, 2024....