Tag: finance & development
InterContinental Indianapolis Opens Following Property Redevelopment
InterContinental Hotels & Resorts, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, has opened its newest property, InterContinental Indianapolis. Located in the...
CoStar: U.S. Hotel Industry Reports Mixed Yearly Comparisons
ARLINGTON, Virginia—The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through Feb. 22, 2025.
U.S. Hotel PerformanceFebruary 16-22, 2025Percentage change from...
Kabani Hotel Group Announces Sale of Holiday Inn Express & Suites Florida City
MIAMI, Florida—Kabani Hotel Group announced the sale of the Holiday Inn Express & Suites Florida City for $13.2 million. Led by Ahmed Kabani and...
CooperWynn Capital Modifies Loan for Hotel Indigo Detroit Downtown
PARK CITY, Utah—CooperWynn Capital announced it has completed the loan modification for the Hotel Indigo Detroit Downtown on behalf of the ownership group.
The property...
CoStar: U.S. Hotel Industry Reports Lower Performance From January
ARLINGTON, Virginia—The U.S. hotel industry reported lower performance results from the previous month, according to January 2025 data from CoStar.
U.S. Hotel PerformanceJanuary 2025Percentage change...