Tag: finance & development
CoStar: U.S. Hotel Performance Showed Mixed Results in April 2024
WASHINGTON—The U.S. hotel industry reported mixed performance results from the previous month, but positive comparisons year over year, according to April 2024 data from...
Red Roof Opens Two Hotels in North Carolina and Virginia
Red Roof shared the opening of two hotels: the Red Roof Inn Charlotte-Airport and the Red Roof Inn Doswell-Kings Dominion. More details about the...
Bentley Legacy Holdings Acquires The Raphael Hotel, Autograph Collection
KANSAS CITY, Missouri—Bentley Legacy Holdings (BLH), through its partnership with Pendant Capital, has expanded its portfolio of boutique hotel assets with the acquisition of...
IHG Signs Three Staybridge Suites in Europe
IHG Hotels & Resorts announced its growth in the European upscale extended-stay segment with the signing of Staybridge Suites Budapest – Parkside, Hungary; Staybridge...
CBRE: RevPAR Growth Predicted to Improve in the Second Half of 2024
DALLAS, Texas—CBRE expects revenue per available room (RevPAR) growth to improve in the second half of 2024, following a weaker-than-expected first quarter. CBRE’s latest...