Tag: Finance + Development
STR: U.S. GOPPAR Surpassed Pre-Pandemic Comparable for Third Consecutive Month
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) fell from the previous month, but surpassed the pre-pandemic comparable for a third consecutive...
Noble Investment Group Acquires Hilton Garden Inn Boise | Downtown
ATLANTA—Noble Investment Group (Noble) announced the acquisition of the Hilton Garden Inn Boise | Downtown, capping more than $1 billion of investment activity over...
RREAF Holdings and Innisfree Hotels Acquire Boutique Properties in Amelia Island, Florida
DALLAS — RREAF Holdings LLC and Innisfree Hotels announced the acquisition of two boutique hotels in Amelia Island, Florida, on Fernandina Beach. Totaling 225...
Dream Hotel Group Plans Dream Frisco in Firefly Park Mixed-Use Development
NEW YORK—Dream Hotel Group announced plans to open Dream Frisco, a boutique 200-key hotel, part of the new Firefly Park mixed-use development in Frisco,...
STR: Weekly U.S. Hotel Occupancy Declined While ADR Increased
HENDERSONVILLE, Tennessee—U.S. hotel occupancy declined from the previous week, while average daily rate (ADR) increased slightly, according to STR's latest data through May 7,...