Tag: hotel finance
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...
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...