Tag: finance
Hyatt Reports Q2 2023 Financial Results
CHICAGO—Hyatt Hotels Corporation reported second-quarter 2023 financial results. Highlights include:
Net income was $68 million in the second quarter of 2023 compared to $206 million...
CoStar: U.S. Hotel Performance Declines From Previous Week
WASHINGTON—U.S. hotel performance declined slightly from the previous week but showed improved comparisons year over year, according to CoStar’s latest data through July 29,...
Elise Capital Acquires Holiday Inn Express & Suites Picayune-Stennis Space Center
ATLANTA, Georgia—Elise Capital announced the acquisition of the Holiday Inn Express & Suites Picayune-Stennis Space Center, located in Picayune, Mississippi. This property marks the...
McKibbon Enters Acquisition Space With Purchase of a Hampton Inn & Suites
TAMPA, Florida—McKibbon entered the hotel acquisition space, closing on the purchase of the Hampton Inn & Suites Clearwater/St. Petersburg-Ulmerton Road on August 1, 2023.
The...
Sonesta Shares 13 Hotel Openings From the First Half of 2023
NEWTON, Massachusetts—Sonesta announced that it added 13 hotels to the company’s global portfolio during the first six months of 2023. The new hotels, with...