Tag: January 2025
Reining in Utility Expenses: Sustainability Practices Help Hoteliers Protect Their Bottom Line
Ambitious climate and decarbonization efforts have heightened the demand for electrified and energy-efficient buildings. Regulatory frameworks are evolving from simple incentives to stringent compliance...
NewcrestImage Converts New Jersey Hotel to Homewood Suites Brand
A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand....
Driftwood Capital Secures Refinancing for Two Hotels
MIAMI, Florida—Driftwood Capital has secured $62.5 million in total refinancing for the Wylie Hotel Atlanta and Sheraton Pittsburgh Hotel at Station Square, two full-service...
RIU Hotels & Resorts Offers Upgrade’s Flex Pay Solution
RIU Hotels & Resorts announced it's offering Upgrade's Flex Pay Book Now Play Later Options to its guests. RIU, which is owned by the Riu...
Hyatt and Grupo Piñero Enter Long-Term Joint Venture
CHICAGO, Illinois, and PALMA DE MALLORCA, Spain—Hyatt Hotels Corporation announced the completion of an agreement for affiliates of Hyatt and Grupo Piñero to enter...