Tag: hotel finance
Kabani Hotel Group Announces Sale of Holiday Inn Express & Suites Florida City
MIAMI, Florida—Kabani Hotel Group announced the sale of the Holiday Inn Express & Suites Florida City for $13.2 million. Led by Ahmed Kabani and...
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...