Tag: hotel finance
CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar's latest data through Jan. 11, 2024.
Performance was impacted by shifts in Martin Luther...
NexGen Hotels Acquires Fairfield Inn & Suites Fort Lauderdale Northwest
TAMARAC, Florida—NexGen Hotels announced the acquisition of the Fairfield Inn & Suites by Marriott Fort Lauderdale Northwest. Located in Tamarac, Florida, the 120-room hotel...
Choice Hotels International Reports Q3 2024 Results
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its third quarter 2024 results. Highlights include:
Total revenues reached $428.0 million for third quarter 2024, a quarterly...
Marriott International Reports Q3 2024 Results
Marriott International, Inc. reported third-quarter 2024 results. Highlights include:
Third quarter 2024 comparable systemwide constant dollar RevPAR increased 3 percent worldwide, 2.1 percent in the...
Hyatt Hotels Corporation Reports Q3 2024 Results
CHICAGO, Illinois—Hyatt Hotels Corporation reported Q3 2024 results. Highlights include:
Comparable system-wide hotels RevPAR increased 3.0 percent compared to the same period in 2023
Comparable system-wide...
