Tag: finance
Marriott International Reports Q2 2023 Results
Marriott International, Inc. reported second-quarter 2023 results. Highlights include:
Second quarter 2023 comparable systemwide constant dollar RevPAR increased 13.5 percent worldwide, 6.0 percent in the...
MCR Acquires Two Hotels in Phoenix, Arizona
NEW YORK—MCR has acquired two hotels in or near Phoenix, Arizona: the 169-room Holiday Inn Express & Suites Scottsdale – Old Town and the...
CoStar: U.S. Hotel Occupancy Reaches Highest Level Since 2019
WASHINGTON—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through July 22, 2023.
U.S....
OUTRIGGER Finalizes Acquisition of Kā’anapali Beach Hotel
HONOLULU—OUTRIGGER Resorts & Hotels finalized its acquisition of the Kā‘anapali Beach Hotel, situated on Kā‘anapali Beach. The 11-acre, 432-room property will be under the...
Wyndham Hotels & Resorts Reports Q2 2023 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2023. Highlights include:
Global RevPAR grew 7 percent compared to...