Tag: finance
CoStar: Weekly Performance Increases for U.S. Hotel Industry
ARLINGTON, Virginia—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar's latest data through Feb. 15, 2025.
U.S. Hotel PerformaneFebruary 9-15, 2025Percentage change from...
DiamondRock Hospitality Completes Sale of Westin Washington, D.C. City Center
BETHESDA, Maryland—DiamondRock Hospitality Company announced that on Feb. 19, 2025, it completed the sale of the 410-room Westin Washington, D.C. City Center for a...
CBRE Forecast Shows RevPAR to Increase in 2025
DALLAS, Texas—CBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved...
Choice Hotels Reports Q4 and Full-Year 2024 Results
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its fourth quarter and full-year 2024 results.
Net income increased 16 percent to $299.7 million for full-year 2024,...
IHG Reports Q4 and Full-Year 2024 Results
InterContinental Hotels Group, PLC reported Q4 and full-year 2024 results. Highlights include:
Trading and revenue
Global RevPAR up 3 percent (Q4 up 4.6 percent), Americas up...