Tag: finance & development
Caption by Hyatt Chattanooga Breaks Ground
CHICAGO—Hyatt Hotels Corporation celebrated the groundbreaking of Caption by Hyatt Chattanooga in Tennessee, set to open in early 2026. Developed by 3H Group Inc....
CoStar: U.S. Hotel Performance Shows Mixed Results From Previous Week
WASHINGTON—U.S. hotel performance showed mixed results from the previous week but positive comparisons year over year, according to CoStar's latest data through April 6,...
2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges
While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...
Rockpoint and Highgate Announce Sale of Scottsdale Plaza Resort and Villas
BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley,...
Two Sonesta Essential Hotels Open in West Virginia and Texas
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of two new upper-midscale Sonesta Essential hotels in March. Sonesta Essential Morgantown is a 57-room hotel...