Tag: finance
IHG Hotels & Resorts Reports Full-Year 2023 Results
IHG Hotels & Resorts released full-year 2023 financial results. Information from the results includes:
Trading and revenue
Global RevPAR up 16.1 percent year-over-year (YoY) (Q4 up...
CBRE: Commercial Real Estate Lending Market Shows Stabilization
DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even...
JLL Capital Markets Arranges Financing for Hotel Granduca
NEW YORK— JLL Capital Markets announced that it arranged $30.6 million in financing for the 122-key Hotel Granduca in Houston, Texas. JLL represented the borrower, Transwestern...
Thompson Houston Opens Near Buffalo Bayou Park
HOUSTON—Thompson Houston opened its doors and offers a spa, multiple dining options, and spaces designed for weddings and events. Thompson Houston has 172 guestrooms,...
CoStar: U.S. Hotel Performance Increases Yet Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar's latest data through Feb. 10, 2024.
U.S. Hotel Performance
February...