The Neptune Resort Added to the Springboard Hospitality Portfolio
LOS ANGELES—Springboard Hospitality, a hospitality management company with 38 independent and branded properties throughout the United States, announced the addition of The Neptune Resort...
The Beatrice by Paolino Properties Opens in Providence, Rhode Island
PROVIDENCE, Rhode Island—Paolino Properties has announced the opening of The Beatrice, a 47-room boutique hotel located in downtown Providence, Rhode Island. The Beatrice is...
U.S. Hotel Construction Down 48,000 Rooms From Peak
HENDERSONVILLE, Tennessee — The number of U.S. hotel rooms in the construction pipeline is down roughly 48,000 from the country’s all-time high in April...
STR: U.S. Hotel Performance Rises to Summer Levels
HENDERSONVILLE, Tennessee—Impacted by the Columbus Day holiday weekend, U.S. hotel performance reached levels similar to those of late summer, according to STR's latest data...
Moving Forward: Insights From HAMA’s Fall 2021 Industry Outlook Survey
Following a summer driven by leisure demand, many are curious about the outlook for the fall and winter seasons. On October 5, 2021, the...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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