Tag: finance & development
Red Roof Adds to San Antonio Portfolio With Opening of Plus
Red Roof announced the opening of the Red Roof PLUS+ San Antonio Northeast. Owner ShreeGanesha, Inc. completed several renovations to the property, which included...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
Sonesta Opens Red Lion Inn & Suites Elk Grove, IL
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Red Lion Inn & Suites Elk Grove, a 47-room, midscale property in Elk Grove, Illinois.
“The...
CoStar: U.S. Hotel Performance Continues to Show Mixed Results
WASHINGTON—U.S. hotel performance showed mixed results from the previous week, according to CoStar's latest data through April 20, 2024.
U.S. Hotel Performance
April 14-20, 2024
Percentage change...