Tag: January 2024
Starwood Capital Group Acquires 10-Hotel Portfolio From Edwardian Group
LONDON—Starwood Capital Group announced that a controlled affiliate acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market...
Baird/STR Hotel Stock Index Increased 38.4 Percent in 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 10.5 percent in December to a level of 6,760. For 2023, the stock index was...
The Westin Hilton Island Head Resort & Spa to Complete Renovation
HILTON HEAD ISLAND, South Carolina—The Westin Hilton Head Island Resort & Spa announced that the completion of its renovation, in which the team reimagined...
Red Roof Adds Next Woman-Owned Franchise Since Launching New Initiative
COLUMBUS, OHIO—Red Roof announced its latest fully woman-owned franchise since launching its RIDE with Red Roof initiative. The HomeTowne Studios Madison, Alabama, formerly known...
Scarlett Hotel Group and Everwood Hospitality Partners Merge
CHICAGO, Illinois, and ORLANDO, Florida—Scarlett Hotel Group and Everwood Hospitality Partners announced a partnership to leverage their combined resources and knowledge of the hospitality...
