Tag: finance
Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle
BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 million to...
Choice Hotels International Reports Q1 2023 Financial Results
ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its first quarter 2023 results.
Total revenues reached $332.8 million for the first quarter of 2023, a first-quarter record...
Marriott International Reports Q1 2023 Financial Results
Marriott International, Inc. reported first-quarter 2023 results.
Anthony Capuano, president and CEO, said, “We are off to a great start in 2023. First quarter worldwide...
The Return of Incentive Management Fees: Payments to Operators Began Reaching Pre-COVID Levels Last...
Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more...
MGM Resorts International Reports Q1 2023 Financial Results
LAS VEGAS—MGM Resorts International reported financial results for the quarter ended March 31, 2023.
"MGM Resorts is executing across all of its geographies and channels...