R.D. Olson Construction Starts Development of TALUS La Quinta
LA QUINTA, California—R.D. Olson Construction, a general contracting firm in California, announced that construction is underway on TALUS La Quinta, a resort in Coachella...
Holiday Inn Express Has Surpassed 3,000 Open Properties
Holiday Inn Express has surpassed 3,000 open properties across the globe with more than 300,000 rooms in 2,100 cities, continuing to serve IHG Hotels...
Lodging Econometrics Shares Q3 2021 U.S. Construction Pipeline Data
PORTSMOUTH, New Hampshire—Analysts at Lodging Econometrics (LE) report that in Q3 2021 the total U.S. construction pipeline stands at 4,837 projects/592,259 rooms, down 8...
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...
The Godfrey Hotel Detroit Breaks Ground
DETROIT—Oxford Capital Group and Hunter Pasteur break ground on The Godfrey Hotel Detroit in historic Corktown, bringing a 227-room, lifestyle brand hotel with amenities,...
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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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