Tag: hotel finance
Accor Reports Q4 and Full-Year 2024 Results
Throughout 2024, the hospitality sector proved resilient in a contrasting consumer environment, according to Accor. The group's diversification in terms of geography and segment...
Choice Hotels Reports Q4 and Full-Year 2024 Results
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its fourth quarter and full-year 2024 results.
Net income increased 16 percent to $299.7 million for full-year 2024,...
CoStar: Super Bowl LIX Impacts Weekly Hotel Performance for New Orleans
ARLINGTON, Virginia—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Feb. 8, 2025.
U.S. Hotel PerformanceFebruary 2-8, 2025Percentage change from...
Peachtree Group Surpasses $2 Billion in Hotel Development
ATLANTA, Georgia—Peachtree Group announced that the firm surpassed $2 billion in hotel development, bringing its total development portfolio to 48 hotels nationwide. Peachtree's development...
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...