Tag: finance
Mission Hill Hospitality Acquires the Oread Hotel
DENVER, Colorado—Mission Hill Hospitality announced it has acquired the Oread Hotel, a 102-key property adjacent to the University of Kansas in Lawrence. It will...
STR: U.S. Hotel Performance Falls But Shows Improvements Compared to 2019
HENDERSONVILLE, Tennessee—Showing continued alignment with seasonal patterns, U.S. hotel performance fell slightly from the previous week, but showed improved comparisons with 2019, according to...
Baird/STR Hotel Stock Index Increased 14.3 Percent in July 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 14.3 percent in July to a level of 5,158. Year to date through the first...
Noble Investment Group Acquires a 14-Hotel Portfolio
ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across...
Compassion During Trying Times: Quantifying the Franchisor/Franchisee Relationship During COVID-19
In 2020, the average hotel in CBRE’s annual Trends in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes,...